7, Chancery Mews Russell Street, Reading, RG1 7XW is a leasehold flat built before 1900. The property offers approximately 474 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 £229,444 , which equates to approximately £484 per square foot. It was last sold on 4 Jul 2023 for £225,000. Since then, the value has increased by £4,444, representing a 2.0% increase, or approximately 0.8% per year.

The current estimated value of £229,444 is:

  • 21.4% lower than the average property price on Russell Street
  • 2.2% lower than the average in the RG1 7XW postcode area
  • and 45.2% 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 rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 23 August 2022, the property was recorded as rented.

View sold house prices in RG1 7XW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
474 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£229,444
Price Per sq ft (estimate)
£484
Bedroom Count (estimate)
1 bedroom

EPC Summary

7, Chancery Mews Russell Street, Reading, RG1 7XW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Aug 2022.

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 secondary glazing.

The previous EPC assessment was conducted on 25 Jun 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.5%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from partial secondary glazing to some secondary glazing.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some secondary glazing
Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 7XW

4 th / 14
Price Rank
2% lower than average
12 th / 13
Size Rank
21% smaller than average
1 st / 13
Price Per Sq FT Rank
24% higher than average

Compared to other properties in RG1 7XW , this flat's estimated value ranks 4th out of 14. Based on price per square foot, it ranks 1st out of 13 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 12th out of 13 properties in its postcode area.

Sale History

Today
£229,444
streetscan.co.uk estimate
+2 %
4 Jul 2023
£225,000
Leasehold
-10 %
24 Mar 2016
£250,000
Leasehold
+85.2 %
17 Dec 2010
£135,000
Leasehold
+43.7 %
3 Sep 2001
£93,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £175,000
sale date: 1 Feb 2024
rooms: 2
size: 484 sq ft
sale price: £165,000
sale date: 7 Jun 2021
rooms: 2
size: 409 sq ft
sale price: £115,000
sale date: 28 Jan 2010
rooms: 2
size: 527 sq ft
sale price: £175,000
sale date: 15 Nov 2024
rooms: 2
size: 506 sq ft
sale price: £159,000
sale date: 6 Mar 2024

Data Sources

The property at 7, Chancery Mews Russell Street, Reading, RG1 7XW appears four times in the Land Registry records, with the latest transaction recorded on 4 Jul 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Aug 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.