Flat 15, The Picture House Cheapside, Reading, RG1 7AB is a leasehold flat built between 2003-2006. The property offers approximately 689 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £317,590 , which equates to approximately £461 per square foot. It was last sold on 26 Mar 2004 for £180,000. Since then, the value has increased by £137,590, representing a 76.4% increase, or approximately 3.5% per year.

The current estimated value of £317,590 is:

  • 5.9% higher than the average property price on Cheapside
  • 9.4% higher than the average in the RG1 7AB postcode area
  • and 24.1% lower than the average price for Reading as a whole

At the most recent EPC inspection on 21 February 2023, the property was recorded as rented.

View sold house prices in RG1 7AB

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£317,590
Price Per sq ft (estimate)
£461
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 15, The Picture House Cheapside, Reading, RG1 7AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Feb 2023.

This property uses an electric boiler with radiators 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 19 Sep 2019, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to poor.
  • The hot water energy efficiency changing from good to poor, while the system remained as from main system.
  • The lighting was changed from low energy lighting in 88% of fixed outlets to low energy lighting in 70% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, electric
Poor
Hot Water
From main system
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to RG1 7AB

18 th / 23
Price Rank
9% higher than average
12 th / 22
Size Rank
4% bigger than average
22 nd / 22
Price Per Sq FT Rank
5% higher than average

Compared to other properties in RG1 7AB , this flat's estimated value ranks 18th out of 23. Based on price per square foot, it ranks 22th 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 12th out of 22 properties in its postcode area.

Sale History

Today
£317,590
streetscan.co.uk estimate
+76 %
26 Mar 2004
£180,000
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: 697 sq ft
sale price: £243,000
sale date: 3 Jan 2020
rooms: 3
size: 753 sq ft
sale price: £292,500
sale date: 7 Oct 2016
rooms: 3
size: 635 sq ft
sale price: £185,000
sale date: 24 Jan 2014

Data Sources

The property at Flat 15, The Picture House Cheapside, Reading, RG1 7AB appears once in the Land Registry records, with the transaction recorded on 26 Mar 2004. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Feb 2023. 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.