41 Beatty Rise, Spencers Wood, Reading, RG7 1FQ is a leasehold flat built between 2003-2006. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £193,937 , which equates to approximately £400 per square foot. It was last sold on 11 Apr 2024 for £183,500. Since then, the value has increased by £10,437, representing a 5.7% increase, or approximately 3.4% per year.

The current estimated value of £193,937 is:

  • 57.4% lower than the average property price on Beatty Rise
  • 52.4% lower than the average in the RG7 1FQ postcode area
  • and 69.7% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 7 November 2023, the property was recorded as owner-occupied.

View sold house prices in RG7 1FQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£193,937
Price Per sq ft (estimate)
£400
Bedroom Count (estimate)
1 bedroom

EPC Summary

41 Beatty Rise, Spencers Wood, Reading, Wokingham, RG7 1FQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Nov 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 May 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 80% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to RG7 1FQ

46 th / 53
Price Rank
52% lower than average
45 th / 46
Size Rank
51% smaller than average
36 th / 46
Price Per Sq FT Rank
4% lower than average

Compared to other properties in RG7 1FQ , this flat's estimated value ranks 46th out of 53. Based on price per square foot, it ranks 36th out of 46 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 45th out of 46 properties in its postcode area.

Sale History

Today
£193,937
streetscan.co.uk estimate
+6 %
11 Apr 2024
£183,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 478 sq ft
sale price: £170,000
sale date: 12 Dec 2019
rooms: 2
size: 517 sq ft
sale price: £175,000
sale date: 16 Nov 2018
rooms: 2
size: 495 sq ft
sale price: £120,000
sale date: 12 Apr 2017
rooms: 2
size: 527 sq ft
sale price: £69,000
sale date: 26 Oct 2013
rooms: 3
size: 506 sq ft
sale price: £135,000
sale date: 7 Nov 2012

Data Sources

The property at 41 Beatty Rise, Spencers Wood, Reading, Wokingham, RG7 1FQ appears once in the Land Registry records, with the transaction recorded on 11 Apr 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Nov 2023. 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.


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