Flat 2, Lancaster Court Newstead Rise, Reading, RG2 8JX is a leasehold flat built between 1996-2002. The property offers approximately 517 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 £146,049 , which equates to approximately £283 per square foot. It was last sold on 2 Oct 2024 for £150,000. Since then, the value has decreased by £3,951, representing a 2.6% decrease, or approximately 2.2% per year.

The current estimated value of £146,049 is:

  • 1.9% lower than the average property price on Newstead Rise
  • 8.2% lower than the average in the RG2 8JX postcode area
  • and 62.0% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 July 2022, the property was recorded as owner-occupied.

View sold house prices in RG2 8JX

Building approximate location

About Property

Type
Terraced House
Built
1996-2002
Interior Size
517 sq ft
Tenure
Leasehold
Price (estimate)
£146,049
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Lancaster Court Newstead Rise, Reading, RG2 8JX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Jul 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Aug 2018. The rating of C remains the same, but the energy efficiency score improved by 5.6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was changed from low energy lighting in 88% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG2 8JX

9 th / 18
Price Rank
8% lower than average
10 th / 13
Size Rank
14% smaller than average
6 th / 13
Price Per Sq FT Rank
7% higher than average

Compared to other properties in RG2 8JX , this house's estimated value ranks 9th out of 18. Based on price per square foot, it ranks 6th out of 13 properties. In terms of size, this home ranks 10th out of 13 properties in its postcode area.

Sale History

Today
£146,049
streetscan.co.uk estimate
-3 %
2 Oct 2024
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £92,500
sale date: 9 Nov 2021
rooms: 3
size: 573 sq ft
sale price: £92,500
sale date: 22 Sep 2017
rooms: 3
size: 484 sq ft
sale price: £199,950
sale date: 17 Jun 2016
rooms: 3
size: 518 sq ft
sale price: £114,000
sale date: 4 Mar 2011

Data Sources

The property at Flat 2, Lancaster Court Newstead Rise, Reading, RG2 8JX appears once in the Land Registry records, with the transaction recorded on 2 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Jul 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.