54 New Bright Street, Reading, RG1 6QQ is a leasehold flat built between 1983-1990. The property offers approximately 678 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £295,569 , which equates to approximately £436 per square foot. It was last sold on 21 Dec 2000 for £119,950. Since then, the value has increased by £175,619, representing a 146.4% increase, or approximately 5.9% per year.

The current estimated value of £295,569 is:

  • 6.4% higher than the average property price on New Bright Street
  • 9.0% higher than the average in the RG1 6QQ postcode area
  • and 23.1% lower than the average price for Reading as a whole

At the most recent EPC inspection on 20 July 2021, the property was recorded as rented.

View sold house prices in RG1 6QQ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£295,569
Price Per sq ft (estimate)
£436
Bedroom Count (estimate)
2 bedrooms

EPC Summary

54 New Bright Street, Reading, RG1 6QQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Jul 2021.

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 Sep 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 13%.

Since the previous assessment, several changes were observed:

  • The roof energy efficiency changing from good to average, with the construction or insulation remaining pitched, insulated (assumed).
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in 78% of fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to RG1 6QQ

21 st / 44
Price Rank
9% higher than average
15 th / 42
Size Rank
19% bigger than average
38 th / 42
Price Per Sq FT Rank
8% lower than average

Compared to other properties in RG1 6QQ , this flat's estimated value ranks 21th out of 44. Based on price per square foot, it ranks 38th 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 15th out of 42 properties in its postcode area.

Sale History

Today
£295,569
streetscan.co.uk estimate
+146 %
21 Dec 2000
£119,950
Leasehold
+219.9 %
13 Aug 1997
£37,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 775 sq ft
sale price: £315,000
sale date: 12 Jul 2024
rooms: 4
size: 775 sq ft
sale price: £355,000
sale date: 9 Sep 2022
rooms: 4
size: 635 sq ft
sale price: £150,000
sale date: 11 Nov 2016
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

Data Sources

The property at 54 New Bright Street, Reading, RG1 6QQ appears two times in the Land Registry records, with the latest transaction recorded on 21 Dec 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 2021. 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.