Flat 16, The Picture House Cheapside, Reading, RG1 7AB is a leasehold flat built between 1976-1982. The property offers approximately 517 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £244,224 , which equates to approximately £473 per square foot. It was last sold on 9 May 2017 for £238,000. Since then, the value has increased by £6,224, representing a 2.6% increase, or approximately 0.3% per year.

The current estimated value of £244,224 is:

  • 18.6% lower than the average property price on Cheapside
  • 15.9% lower than the average in the RG1 7AB postcode area
  • and 41.6% lower than the average price for Reading as a whole

At the most recent EPC inspection on 25 September 2018, the property was recorded as owner-occupied.

View sold house prices in RG1 7AB

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£244,224
Price Per sq ft (estimate)
£473
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, The Picture House Cheapside, Reading, RG1 7AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Sep 2018.

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 12 Feb 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.9%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 17% of fixed outlets, with efficiency changing from good to poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to RG1 7AB

20 th / 23
Price Rank
16% lower than average
19 th / 22
Size Rank
22% smaller than average
3 rd / 22
Price Per Sq FT Rank
8% higher than average

Compared to other properties in RG1 7AB , this flat's estimated value ranks 20th out of 23. Based on price per square foot, it ranks 3rd out of 22 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 19th out of 22 properties in its postcode area.

Sale History

Today
£244,224
streetscan.co.uk estimate
+3 %
9 May 2017
£238,000
Leasehold
+16.1 %
18 Dec 2014
£205,000
Leasehold
+24.2 %
8 Dec 2003
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £196,000
sale date: 23 Sep 2022
rooms: 2
size: 523 sq ft
sale price: £225,000
sale date: 26 Nov 2020
rooms: 2
size: 495 sq ft
sale price: £215,000
sale date: 31 Oct 2018
rooms: 2
size: 495 sq ft
sale price: £220,000
sale date: 30 Nov 2016
rooms: 2
size: 502 sq ft
sale price: £130,000
sale date: 4 Feb 2022

Data Sources

The property at Flat 16, The Picture House Cheapside, Reading, RG1 7AB appears three times in the Land Registry records, with the latest transaction recorded on 9 May 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Sep 2018. 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.