Flat 12, Projection East Merchants Place, Reading, RG1 1EG is a leasehold flat built between 2003-2006. The property offers approximately 614 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £294,757 , which equates to approximately £480 per square foot. It was last sold on 29 Sep 2006 for £193,500. Since then, the value has increased by £101,257, representing a 52.3% increase, or approximately 2.7% per year.

The current estimated value of £294,757 is:

  • 9.5% higher than the average property price on Merchants Place
  • 8.6% higher than the average in the RG1 1EG postcode area
  • and 29.6% lower than the average price for Reading as a whole

View sold house prices in RG1 1EG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£294,757
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12, Projection East Merchants Place, Reading, RG1 1EG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 8 Feb 2019.

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.

The previous EPC assessment was conducted on 19 Dec 2008, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 5.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 19% of fixed outlets to low energy lighting in 53% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 53% of fixed outlets
Good

Compared to RG1 1EG

6 th / 28
Price Rank
9% higher than average
16 th / 26
Size Rank
3% bigger than average
10 th / 26
Price Per Sq FT Rank
6% higher than average

Compared to other properties in RG1 1EG , this flat's estimated value ranks 6th out of 28. Based on price per square foot, it ranks 10th out of 26 properties. In terms of size, this home ranks 16th out of 26 properties in its postcode area.

Sale History

Today
£294,757
streetscan.co.uk estimate
+52 %
29 Sep 2006
£193,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £275,000
sale date: 7 Mar 2017
rooms: 3
size: 614 sq ft
sale price: £220,000
sale date: 19 Aug 2015
rooms: 3
size: 678 sq ft
sale price: £189,000
sale date: 11 Jul 2014
rooms: 3
size: 635 sq ft
sale price: £175,000
sale date: 17 Apr 2014
rooms: 2
size: 527 sq ft
sale price: £151,800
sale date: 23 Aug 2013

Data Sources

The property at Flat 12, Projection East Merchants Place, Reading, RG1 1EG appears once in the Land Registry records, with the transaction recorded on 29 Sep 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Feb 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.