31A Prospect Street, Caversham, Reading, RG4 8JB is a leasehold flat built between 1900-1929. The property offers approximately 861 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £220,000 , which equates to approximately £255 per square foot. It was last sold on 7 Aug 2024 for £220,000. Since then, the value has not changed.

The current estimated value of £220,000 is:

  • 24.4% lower than the average property price on Prospect Street
  • 43.8% lower than the average in the RG4 8JB postcode area
  • and 47.4% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as owner-occupied and once as rented, indicating a change in how it was used over time.

At the most recent EPC inspection on 2 May 2024, the property was recorded as owner-occupied.

View sold house prices in RG4 8JB

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£220,000
Price Per sq ft (estimate)
£255
Bedroom Count (estimate)
3 bedrooms

EPC Summary

31A Prospect Street, Caversham, Reading, RG4 8JB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 May 2024.

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

The previous EPC assessment was conducted on 15 Feb 2022, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 226.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, no insulation to pitched, 300 mm loft insulation, improving energy efficiency from very poor to very good.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG4 8JB

23 rd / 28
Price Rank
44% lower than average
2 nd / 4
Size Rank
17% smaller than average
3 rd / 4
Price Per Sq FT Rank
32% lower than average

Compared to other properties in RG4 8JB , this flat's estimated value ranks 23th out of 28. Based on price per square foot, it ranks 3rd out of 4 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 2nd out of 4 properties in its postcode area.

Sale History

Today
£220,000
streetscan.co.uk estimate
0 %
7 Aug 2024
£220,000
Leasehold
+165.1 %
29 Oct 1999
£83,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 775 sq ft
sale price: £230,000
sale date: 4 Nov 2024
rooms: 3
size: 904 sq ft
sale price: £265,000
sale date: 20 Dec 2023
rooms: 3
size: 797 sq ft
sale price: £215,000
sale date: 15 Dec 2023
rooms: 3
size: 764 sq ft
sale price: £225,000
sale date: 6 Dec 2023
rooms: 3
size: 797 sq ft
sale price: £207,950
sale date: 28 Nov 2023

Data Sources

The property at 31A Prospect Street, Caversham, Reading, RG4 8JB appears two times in the Land Registry records, with the latest transaction recorded on 7 Aug 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 May 2024. 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.