Both issues need dealing with!
You don't say where on the valve it's leaking from.
Could be a compression joint ( undo and use sealant or ptfe tape on olive)
Could be valve spindle (tighten a touch or undo gland nut and wrap ptfe tape round spindle.
Could be thread on the radiator tail (may need removing to use sealant or ptfe tape to make good the joint.
The PRV needs either cleaning or replacing.
You need easy access and special 'C' type spanner to remove the head to clean it.
It's easier to remove it and replace with a brand new one.
You don't say where on the valve it's leaking from.
Could be a compression joint ( undo and use sealant or ptfe tape on olive)
Could be valve spindle (tighten a touch or undo gland nut and wrap ptfe tape round spindle.
Could be thread on the radiator tail (may need removing to use sealant or ptfe tape to make good the joint.
The PRV needs either cleaning or replacing.
You need easy access and special 'C' type spanner to remove the head to clean it.
It's easier to remove it and replace with a brand new one.