16 Orchard Court, Reading, RG2 8PH is a leasehold flat built between 1991-1995. The property offers approximately 355 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £75,047 , which equates to approximately £211 per square foot. It was last sold on 10 Feb 2023 for £76,500. Since then, the value has decreased by £1,453, representing a 1.9% decrease, or approximately 0.7% per year.

The current estimated value of £75,047 is:

  • 38.5% lower than the average property price on Orchard Court
  • 36.1% lower than the average in the RG2 8PH postcode area
  • and 82.1% lower than the average price for Reading as a whole

Based on EPC inspection history, this property has been mostly rented (3 out of 4 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 6 June 2022, the property was recorded as rented.

View sold house prices in RG2 8PH

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
355 sq ft
Tenure
Leasehold
Price (estimate)
£75,047
Price Per sq ft (estimate)
£211
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Orchard Court, Reading, RG2 8PH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 6 Jun 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Dec 2021, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 14.3%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 83% of fixed outlets to low energy lighting in 29% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to RG2 8PH

10 th / 10
Price Rank
36% lower than average
7 th / 10
Size Rank
12% smaller than average
10 th / 10
Price Per Sq FT Rank
28% lower than average

Compared to other properties in RG2 8PH , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 10th out of 10 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 10 properties in its postcode area.

Sale History

Today
£75,047
streetscan.co.uk estimate
-2 %
10 Feb 2023
£76,500
Leasehold
-7.3 %
31 Mar 2017
£82,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 344 sq ft
sale price: £80,500
sale date: 19 Dec 2018
rooms: 2
size: 323 sq ft
sale price: £80,000
sale date: 10 Nov 2017
rooms: 2
size: 355 sq ft
sale price: £54,500
sale date: 21 Dec 2001

Data Sources

The property at 16 Orchard Court, Reading, RG2 8PH appears two times in the Land Registry records, with the latest transaction recorded on 10 Feb 2023. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jun 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.