56 New Bright Street, Reading, RG1 6QQ is a leasehold flat built between 1983-1990. The property offers approximately 775 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £348,473 , which equates to approximately £450 per square foot. It was last sold on 9 Sep 2022 for £355,000. Since then, the value has decreased by £6,527, representing a 1.8% decrease, or approximately 0.6% per year.

The current estimated value of £348,473 is:

  • 25.5% higher than the average property price on New Bright Street
  • 28.5% higher than the average in the RG1 6QQ postcode area
  • and 9.4% lower than the average price for Reading as a whole

At the most recent EPC inspection on 18 May 2022, 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
775 sq ft
Tenure
Leasehold
Price (estimate)
£348,473
Price Per sq ft (estimate)
£450
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 New Bright Street, Reading, RG1 6QQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 May 2022.

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 26 May 2010, and the property received the same rating of D with an unchanged energy efficiency score of 57.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 6QQ

8 th / 44
Price Rank
29% higher than average
8 th / 42
Size Rank
36% bigger than average
34 th / 42
Price Per Sq FT Rank
5% lower than average

Compared to other properties in RG1 6QQ , this flat's estimated value ranks 8th out of 44. Based on price per square foot, it ranks 34th 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 8th out of 42 properties in its postcode area.

Sale History

Today
£348,473
streetscan.co.uk estimate
-2 %
9 Sep 2022
£355,000
Leasehold
+77.5 %
10 Dec 2004
£200,000
Leasehold
+193 %
7 Apr 1995
£68,250
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £290,000
sale date: 9 Dec 2024
rooms: 4
size: 775 sq ft
sale price: £315,000
sale date: 12 Jul 2024
rooms: 3
size: 883 sq ft
sale price: £285,000
sale date: 13 Mar 2019
rooms: 4
size: 678 sq ft
sale price: £225,000
sale date: 20 Nov 2014
rooms: 4
size: 829 sq ft
sale price: £206,000
sale date: 31 Aug 2007

Data Sources

The property at 56 New Bright Street, Reading, RG1 6QQ appears three times in the Land Registry records, with the latest transaction recorded on 9 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2022. 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.