Flat 11, The Picture House Cheapside, Reading, RG1 7AB is a leasehold flat built between 1996-2002. The property offers approximately 753 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £304,610 , which equates to approximately £404 per square foot. It was last sold on 7 Oct 2016 for £292,500. Since then, the value has increased by £12,110, representing a 4.1% increase, or approximately 0.5% per year.

The current estimated value of £304,610 is:

  • 1.5% higher than the average property price on Cheapside
  • 4.9% higher than the average in the RG1 7AB postcode area
  • and 27.2% lower than the average price for Reading as a whole

View sold house prices in RG1 7AB

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£304,610
Price Per sq ft (estimate)
£404
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 11, The Picture House Cheapside, Reading, RG1 7AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jul 2019.

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 are fully double glazed.

The previous EPC assessment was conducted on 5 Aug 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 1.2%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 35% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 35% of fixed outlets
Average

Compared to RG1 7AB

7 th / 23
Price Rank
5% higher than average
5 th / 22
Size Rank
14% bigger than average
17 th / 22
Price Per Sq FT Rank
8% lower than average

Compared to other properties in RG1 7AB , this flat's estimated value ranks 7th out of 23. Based on price per square foot, it ranks 17th out of 22 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 22 properties in its postcode area.

Sale History

Today
£304,610
streetscan.co.uk estimate
+4 %
7 Oct 2016
£292,500
Leasehold
+41 %
3 Oct 2003
£207,450
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £260,000
sale date: 11 Oct 2024
rooms: 3
size: 657 sq ft
sale price: £220,000
sale date: 22 May 2024
rooms: 3
size: 865 sq ft
sale price: £267,000
sale date: 18 Feb 2022
rooms: 3
size: 807 sq ft
sale price: £380,000
sale date: 6 Mar 2020
rooms: 3
size: 697 sq ft
sale price: £243,000
sale date: 3 Jan 2020

Data Sources

The property at Flat 11, The Picture House Cheapside, Reading, RG1 7AB appears two times in the Land Registry records, with the latest transaction recorded on 7 Oct 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 2019. 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.