Flat 2, 54 London Road, Reading, RG1 5AS is a leasehold flat built between 1900-1929. The property offers approximately 388 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £166,824 , which equates to approximately £431 per square foot. It was last sold on 8 Aug 2003 for £92,000. Since then, the value has increased by £74,824, representing a 81.3% increase, or approximately 3.6% per year.

The current estimated value of £166,824 is:

  • 51.9% lower than the average property price on London Road
  • 37.5% lower than the average in the RG1 5AS postcode area
  • and 60.1% lower than the average price for Reading as a whole

View sold house prices in RG1 5AS

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
388 sq ft
Tenure
Leasehold
Price (estimate)
£166,824
Price Per sq ft (estimate)
£431
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 54 London Road, Reading, RG1 5AS has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Dec 2019.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 29 Dec 2008. The rating of D is unchanged, though the energy efficiency score decreased by 16.7%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
Heating Type
Community scheme
Good
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
No low energy lighting
Very Poor

Compared to RG1 5AS

23 rd / 36
Price Rank
37% lower than average
6 th / 7
Size Rank
56% bigger than average
5 th / 7
Price Per Sq FT Rank
60% lower than average

Compared to other properties in RG1 5AS , this flat's estimated value ranks 23th out of 36. Based on price per square foot, it ranks 5th out of 7 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 6th out of 7 properties in its postcode area.

Sale History

Today
£166,824
streetscan.co.uk estimate
+81 %
8 Aug 2003
£92,000
Leasehold
+2.3 %
11 Apr 2002
£89,950
Leasehold
+60.6 %
14 Jan 2000
£56,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £196,000
sale date: 9 Oct 2015
rooms: 2
size: 334 sq ft
sale price: £163,000
sale date: 31 May 2024
rooms: 2
size: 432 sq ft
sale price: £177,500
sale date: 27 Jan 2023
rooms: 2
size: 388 sq ft
sale price: £180,000
sale date: 27 Oct 2022
rooms: 1
size: 409 sq ft
sale price: £165,000
sale date: 20 Dec 2019

Data Sources

The property at Flat 2, 54 London Road, Reading, RG1 5AS appears three times in the Land Registry records, with the latest transaction recorded on 8 Aug 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Dec 2019. 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.