Flat 2, 53 Russell Street, Reading, RG1 7XG is a leasehold flat built between 1900-1929. The property offers approximately 495 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 £284,806 , which equates to approximately £575 per square foot. It was last sold on 30 Sep 2010 for £180,000. Since then, the value has increased by £104,806, representing a 58.2% increase, or approximately 3.8% per year.

The current estimated value of £284,806 is:

  • 2.5% lower than the average property price on Russell Street
  • 17.6% lower than the average in the RG1 7XG postcode area
  • and 31.9% lower than the average price for Reading as a whole

At the most recent EPC inspection on 4 October 2022, the property was recorded as rented.

View sold house prices in RG1 7XG

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£284,806
Price Per sq ft (estimate)
£575
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 53 Russell Street, Reading, RG1 7XG has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Oct 2022.

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

The previous EPC assessment was conducted on 14 May 2012. The rating of E is unchanged, though the energy efficiency score decreased by 27.8%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric instantaneous at point of use to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from flat, limited insulation (assumed) to (another dwelling above), changing energy efficiency from poor to n/a.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 53% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 53% of fixed outlets
Good

Compared to RG1 7XG

15 th / 25
Price Rank
18% lower than average
12 th / 19
Size Rank
31% smaller than average
4 th / 19
Price Per Sq FT Rank
20% higher than average

Compared to other properties in RG1 7XG , this flat's estimated value ranks 15th out of 25. Based on price per square foot, it ranks 4th out of 19 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 12th out of 19 properties in its postcode area.

Sale History

Today
£284,806
streetscan.co.uk estimate
+58 %
30 Sep 2010
£180,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, 57 Russell Street, Reading, RG1 7XG
rooms: 2
size: 560 sq ft
sale price: £187,000
sale date: 8 Feb 2024
Second Floor Flat, 49 Russell Street, Reading, RG1 7XG
rooms: 3
size: 473 sq ft
sale price: £135,000
sale date: 20 Aug 2004
49, First Floor Flat Russell Street, Reading, RG1 7XG
rooms: 2
size: 452 sq ft
sale price: £111,000
sale date: 17 Apr 2003
Flat C, 24 Russell Street, Reading, RG1 7XF
rooms: 2
size: 527 sq ft
sale price: £175,000
sale date: 15 Nov 2024
Flat 2, 10 Russell Street, Reading, RG1 7XF
rooms: 2
size: 506 sq ft
sale price: £159,000
sale date: 6 Mar 2024

Data Sources

The property at Flat 2, 53 Russell Street, Reading, RG1 7XG appears once in the Land Registry records, with the transaction recorded on 30 Sep 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Oct 2022. 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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