2 New Bright Street, Reading, RG1 6QQ is a leasehold flat built between 1983-1990. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £155,167 , which equates to approximately £244 per square foot. It was last sold on 11 Nov 2016 for £150,000. Since then, the value has increased by £5,167, representing a 3.4% increase, or approximately 0.4% per year.

The current estimated value of £155,167 is:

  • 44.1% lower than the average property price on New Bright Street
  • 42.8% lower than the average in the RG1 6QQ postcode area
  • and 59.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 28 April 2016, the property was recorded as owner-occupied.

View sold house prices in RG1 6QQ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£155,167
Price Per sq ft (estimate)
£244
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 New Bright Street, Reading, RG1 6QQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Apr 2016.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to RG1 6QQ

44 th / 44
Price Rank
43% lower than average
17 th / 42
Size Rank
11% bigger than average
42 nd / 42
Price Per Sq FT Rank
48% lower than average

Compared to other properties in RG1 6QQ , this flat's estimated value ranks 44th out of 44. Based on price per square foot, it ranks 42th out of 42 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 17th out of 42 properties in its postcode area.

Sale History

Today
£155,167
streetscan.co.uk estimate
+3 %
11 Nov 2016
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 678 sq ft
sale price: £225,000
sale date: 20 Nov 2014
rooms: 4
size: 653 sq ft
sale price: £180,000
sale date: 2 Oct 2009
rooms: 3
size: 689 sq ft
sale price: £159,000
sale date: 28 Apr 2006
rooms: 3
size: 689 sq ft
sale price: £155,000
sale date: 4 Nov 2005
rooms: 3
size: 614 sq ft
sale price: £170,000
sale date: 28 Nov 2003

Data Sources

The property at 2 New Bright Street, Reading, RG1 6QQ appears once in the Land Registry records, with the transaction recorded on 11 Nov 2016. It also has a single Energy Performance Certificate (EPC) from 28 Apr 2016. 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.