Flat 12, Icon House Merchants Place, Reading, RG1 1EQ is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £203,467 , which equates to approximately £378 per square foot. It was last sold on 10 Feb 2014 for £140,000. Since then, the value has increased by £63,467, representing a 45.3% increase, or approximately 3.8% per year.

The current estimated value of £203,467 is:

  • 24.4% lower than the average property price on Merchants Place
  • 3.3% lower than the average in the RG1 1EQ postcode area
  • and 51.4% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 July 2020, the property was recorded as owner-occupied.

View sold house prices in RG1 1EQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£203,467
Price Per sq ft (estimate)
£378
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12, Icon House Merchants Place, Reading, RG1 1EQ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 27 Jul 2020.

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

The previous EPC assessment was conducted on 6 Apr 2010. The rating of B remains the same, but the energy efficiency score improved by 1.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 1EQ

10 th / 13
Price Rank
3% lower than average
9 th / 13
Size Rank
7% smaller than average
10 th / 13
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RG1 1EQ , this flat's estimated value ranks 10th out of 13. Based on price per square foot, it ranks 10th out of 13 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 9th out of 13 properties in its postcode area.

Sale History

Today
£203,467
streetscan.co.uk estimate
+45 %
10 Feb 2014
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 614 sq ft
sale price: £135,740
sale date: 18 Jul 2024
rooms: 2
size: 517 sq ft
sale price: £202,500
sale date: 7 Jun 2018
rooms: 2
size: 506 sq ft
sale price: £232,000
sale date: 30 Jun 2017
rooms: 2
size: 592 sq ft
sale price: £242,000
sale date: 2 Nov 2015
rooms: 3
size: 614 sq ft
sale price: £160,000
sale date: 10 Jan 2014

Data Sources

The property at Flat 12, Icon House Merchants Place, Reading, RG1 1EQ appears once in the Land Registry records, with the transaction recorded on 10 Feb 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jul 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.