49, Albion Terrace London Road, Reading, RG1 5BG is a leasehold flat built before 1900. The property offers approximately 474 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £216,682 , which equates to approximately £458 per square foot. It was last sold on 7 May 2021 for £201,000. Since then, the value has increased by £15,682, representing a 7.8% increase, or approximately 1.7% per year.

The current estimated value of £216,682 is:

  • 27.4% lower than the average property price on Albion Terrace
  • 21.3% lower than the average in the RG1 5BG postcode area
  • and 48.2% lower than the average price for Reading as a whole

At the most recent EPC inspection on 3 June 2020, the property was recorded as owner-occupied.

View sold house prices in RG1 5BG

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£216,682
Price Per sq ft (estimate)
£458
Bedroom Count (estimate)
1 bedroom

EPC Summary

49, Albion Terrace London Road, Reading, RG1 5BG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Jun 2020.

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 have some double glazing.

The previous EPC assessment was conducted on 9 Oct 2008, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 29.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from community scheme to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 5BG

66 th / 86
Price Rank
21% lower than average
36 th / 39
Size Rank
25% smaller than average
3 rd / 39
Price Per Sq FT Rank
5% higher than average

Compared to other properties in RG1 5BG , this flat's estimated value ranks 66th out of 86. Based on price per square foot, it ranks 3rd out of 39 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 36th out of 39 properties in its postcode area.

Sale History

Today
£216,682
streetscan.co.uk estimate
+8 %
7 May 2021
£201,000
Leasehold
-9.3 %
21 Aug 2015
£221,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £235,000
sale date: 31 Oct 2024
rooms: 3
size: 538 sq ft
sale price: £215,000
sale date: 6 Jul 2022
rooms: 3
size: 506 sq ft
sale price: £222,500
sale date: 17 Dec 2021
rooms: 3
size: 538 sq ft
sale price: £203,000
sale date: 4 Sep 2019
rooms: 3
size: 465 sq ft
sale price: £231,500
sale date: 6 Nov 2015

Data Sources

The property at 49, Albion Terrace London Road, Reading, RG1 5BG appears two times in the Land Registry records, with the latest transaction recorded on 7 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Jun 2020. 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.