Flat 10, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 2003-2006. The property offers approximately 743 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 £319,112 , which equates to approximately £430 per square foot. It was last sold on 16 Mar 2007 for £222,500. Since then, the value has increased by £96,612, representing a 43.4% increase, or approximately 2.3% per year.

The current estimated value of £319,112 is:

  • 18.5% higher than the average property price on Merchants Place
  • 14.5% higher than the average in the RG1 1ET postcode area
  • and 23.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 23 September 2020, the property was recorded as owner-occupied.

View sold house prices in RG1 1ET

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£319,112
Price Per sq ft (estimate)
£430
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 10, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Sep 2020.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to RG1 1ET

15 th / 43
Price Rank
14% higher than average
5 th / 42
Size Rank
23% bigger than average
36 th / 42
Price Per Sq FT Rank
7% lower than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 15th out of 43. Based on price per square foot, it ranks 36th 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 5th out of 42 properties in its postcode area.

Sale History

Today
£319,112
streetscan.co.uk estimate
+43 %
16 Mar 2007
£222,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £250,000
sale date: 16 Feb 2021
rooms: 3
size: 657 sq ft
sale price: £259,000
sale date: 23 Sep 2019
rooms: 3
size: 678 sq ft
sale price: £260,000
sale date: 11 Feb 2019
rooms: 3
size: 660 sq ft
sale price: £280,000
sale date: 21 Jul 2017
rooms: 3
size: 732 sq ft
sale price: £280,000
sale date: 13 Apr 2017

Data Sources

The property at Flat 10, Projection West Merchants Place, Reading, RG1 1ET appears once in the Land Registry records, with the transaction recorded on 16 Mar 2007. It also has a single Energy Performance Certificate (EPC) from 23 Sep 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.