Flat 10, 42 Market Place, Reading, RG1 2DE is a leasehold flat built between 1996-2002. The property offers approximately 344 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £193,455 , which equates to approximately £562 per square foot. It was last sold on 8 Jun 2016 for £185,000. Since then, the value has increased by £8,455, representing a 4.6% increase, or approximately 0.5% per year.

The current estimated value of £193,455 is:

  • 64.9% lower than the average property price on Market Place
  • 37.8% lower than the average in the RG1 2DE postcode area
  • and 49.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 16 March 2020, the property was recorded as owner-occupied.

View sold house prices in RG1 2DE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
344 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£193,455
Price Per sq ft (estimate)
£562
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 10, 42 Market Place, Reading, RG1 2DE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Mar 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. Gas instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Jan 2016, and the property received the same rating of C with an unchanged energy efficiency score of 72.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric underfloor heating to community scheme, improving energy efficiency from very poor to good.
  • The hot water system was changed from electric immersion, standard tariff to gas instantaneous at point of use, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.31 w/m-¦k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from high performance glazing to fully double glazed.
Heating Type
Community scheme
Good
Hot Water
Gas instantaneous at point of use
Good
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 2DE

24 th / 36
Price Rank
38% lower than average
17 th / 31
Size Rank
37% smaller than average
20 th / 31
Price Per Sq FT Rank
2% lower than average

Compared to other properties in RG1 2DE , this flat's estimated value ranks 24th out of 36. Based on price per square foot, it ranks 20th out of 31 properties. In terms of size, this home ranks 17th out of 31 properties in its postcode area.

Sale History

Today
£193,455
streetscan.co.uk estimate
+5 %
8 Jun 2016
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 301 sq ft
sale price: £153,000
sale date: 8 Jun 2016

Data Sources

The property at Flat 10, 42 Market Place, Reading, RG1 2DE appears once in the Land Registry records, with the transaction recorded on 8 Jun 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Mar 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.