Flat 2, 25 Lorne Street, Reading, RG1 7YW is a leasehold flat built between 1900-1929. The property offers approximately 269 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 £139,495 , which equates to approximately £518 per square foot. It was last sold on 28 Aug 2020 for £123,000. Since then, the value has increased by £16,495, representing a 13.4% increase, or approximately 2.5% per year.

The current estimated value of £139,495 is:

  • 65.1% lower than the average property price on Lorne Street
  • 62.1% lower than the average in the RG1 7YW postcode area
  • and 66.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 12 November 2018, the property was recorded as owner-occupied.

View sold house prices in RG1 7YW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
269 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£139,495
Price Per sq ft (estimate)
£518
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 25 Lorne Street, Reading, RG1 7YW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 12 Nov 2018.

This property uses electric room heaters as its main heating source. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Nov 2008, when the property was rated C. The current rating of E reflects a decline in energy efficiency of 25%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from no system present: electric immersion assumed to community scheme, with its energy efficiency improving from very poor to good.
  • The wall construction or insulation changed from solid brick, with internal insulation to solid brick, as built, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Community scheme
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 7YW

28 th / 29
Price Rank
62% lower than average
22 nd / 22
Size Rank
72% smaller than average
3 rd / 22
Price Per Sq FT Rank
36% higher than average

Compared to other properties in RG1 7YW , this flat's estimated value ranks 28th out of 29. 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 22th out of 22 properties in its postcode area.

Sale History

Today
£139,495
streetscan.co.uk estimate
+13 %
28 Aug 2020
£123,000
Leasehold
+17.2 %
27 May 2014
£104,950
Leasehold
-4.6 %
8 Jun 2007
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 25 Lorne Street, Reading, RG1 7YW
rooms: 2
size: 269 sq ft
sale price: £111,000
sale date: 19 Jun 2007

Data Sources

The property at Flat 2, 25 Lorne Street, Reading, RG1 7YW appears three times in the Land Registry records, with the latest transaction recorded on 28 Aug 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 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.
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