Flat 2, The Picture House Cheapside, Reading, RG1 7AB is a leasehold flat built between 1967-1975. The property offers approximately 700 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £335,875 , which equates to approximately £480 per square foot. It was last sold on 18 Jun 2004 for £199,950. Since then, the value has increased by £135,925, representing a 68.0% increase, or approximately 3.2% per year.

The current estimated value of £335,875 is:

  • 12.0% higher than the average property price on Cheapside
  • 15.7% higher than the average in the RG1 7AB postcode area
  • and 19.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 22 February 2023, the property was recorded as rented.

View sold house prices in RG1 7AB

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£335,875
Price Per sq ft (estimate)
£480
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, The Picture House Cheapside, Reading, RG1 7AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Feb 2023.

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 10 Jun 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 16.7%.

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, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 7AB

14 th / 23
Price Rank
16% higher than average
8 th / 22
Size Rank
6% bigger than average
21 st / 22
Price Per Sq FT Rank
9% higher than average

Compared to other properties in RG1 7AB , this flat's estimated value ranks 14th out of 23. Based on price per square foot, it ranks 21th out of 22 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 8th out of 22 properties in its postcode area.

Sale History

Today
£335,875
streetscan.co.uk estimate
+68 %
18 Jun 2004
£199,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £260,000
sale date: 11 Oct 2024
rooms: 3
size: 657 sq ft
sale price: £220,000
sale date: 22 May 2024
rooms: 3
size: 697 sq ft
sale price: £243,000
sale date: 3 Jan 2020
rooms: 3
size: 753 sq ft
sale price: £292,500
sale date: 7 Oct 2016
rooms: 3
size: 635 sq ft
sale price: £185,000
sale date: 24 Jan 2014

Data Sources

The property at Flat 2, The Picture House Cheapside, Reading, RG1 7AB appears once in the Land Registry records, with the transaction recorded on 18 Jun 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Feb 2023. 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.