Flat 14, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 2003-2006. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £257,181 , which equates to approximately £478 per square foot. It was last sold on 4 Jan 2017 for £242,500. Since then, the value has increased by £14,681, representing a 6.1% increase, or approximately 0.7% per year.

The current estimated value of £257,181 is:

  • 4.5% lower than the average property price on Merchants Place
  • 7.7% lower than the average in the RG1 1ET postcode area
  • and 38.5% lower than the average price for Reading as a whole

At the most recent EPC inspection on 28 March 2010, 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
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£257,181
Price Per sq ft (estimate)
£478
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 14, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Apr 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.

The previous EPC assessment was conducted on 28 Mar 2010. The rating of C remains the same, but the energy efficiency score improved by 2.6%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 18% of fixed outlets, with efficiency changing from very good to poor.
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 18% of fixed outlets
Poor

Compared to RG1 1ET

35 th / 43
Price Rank
8% lower than average
25 th / 42
Size Rank
11% smaller than average
19 th / 42
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 35th out of 43. Based on price per square foot, it ranks 19th out of 42 properties. In terms of size, this home ranks 25th out of 42 properties in its postcode area.

Sale History

Today
£257,181
streetscan.co.uk estimate
+6 %
4 Jan 2017
£242,500
Leasehold
+45.2 %
24 Nov 2006
£167,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £206,000
sale date: 4 Mar 2022
rooms: 2
size: 517 sq ft
sale price: £208,000
sale date: 11 Oct 2019
rooms: 2
size: 517 sq ft
sale price: £218,500
sale date: 27 Mar 2018
rooms: 2
size: 527 sq ft
sale price: £222,000
sale date: 12 Jan 2018
rooms: 2
size: 527 sq ft
sale price: £230,000
sale date: 30 Mar 2016

Data Sources

The property at Flat 14, Projection West Merchants Place, Reading, RG1 1ET appears two times in the Land Registry records, with the latest transaction recorded on 4 Jan 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Apr 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.