Flat 1, 25 Lorne Street, Reading, RG1 7YW is a leasehold flat built before 1900. The property offers approximately 355 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £172,610 , which equates to approximately £486 per square foot. It was last sold on 14 Mar 2014 for £120,000. Since then, the value has increased by £52,610, representing a 43.8% increase, or approximately 3.7% per year.

The current estimated value of £172,610 is:

  • 56.8% lower than the average property price on Lorne Street
  • 53.1% lower than the average in the RG1 7YW postcode area
  • and 58.8% lower than the average price for Reading as a whole

At the most recent EPC inspection on 7 October 2008, the property was recorded as owner-occupied.

View sold house prices in RG1 7YW

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
355 sq ft
Tenure
Leasehold
Price (estimate)
£172,610
Price Per sq ft (estimate)
£486
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 25 Lorne Street, Reading, RG1 7YW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 30 Oct 2018.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Oct 2008, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 2.6%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, insulated (assumed) to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was updated from low energy lighting in 36% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 7YW

25 th / 29
Price Rank
53% lower than average
19 th / 22
Size Rank
63% smaller than average
4 th / 22
Price Per Sq FT Rank
27% higher than average

Compared to other properties in RG1 7YW , this flat's estimated value ranks 25th out of 29. Based on price per square foot, it ranks 4th out of 22 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 19th out of 22 properties in its postcode area.

Sale History

Today
£172,610
streetscan.co.uk estimate
+44 %
14 Mar 2014
£120,000
Leasehold
-9.4 %
20 Apr 2007
£132,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, 25 Lorne Street, Reading, RG1 7YW
rooms: 2
size: 334 sq ft
sale price: £100,000
sale date: 17 Jun 2024

Data Sources

The property at Flat 1, 25 Lorne Street, Reading, RG1 7YW appears two times in the Land Registry records, with the latest transaction recorded on 14 Mar 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Oct 2018. 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.
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