Flat 20, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 2003-2006. The property offers approximately 527 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £230,946 , which equates to approximately £438 per square foot. It was last sold on 12 Jan 2018 for £222,000. Since then, the value has increased by £8,946, representing a 4.0% increase, or approximately 0.5% per year.

The current estimated value of £230,946 is:

  • 14.2% lower than the average property price on Merchants Place
  • 17.1% lower than the average in the RG1 1ET postcode area
  • and 44.8% lower than the average price for Reading as a whole

At the most recent EPC inspection on 27 November 2020, the property was recorded as rented.

View sold house prices in RG1 1ET

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£230,946
Price Per sq ft (estimate)
£438
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 20, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 27 Nov 2020.

This property uses electric room 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 6 Jan 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 5.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to RG1 1ET

42 nd / 43
Price Rank
17% lower than average
32 nd / 42
Size Rank
13% smaller than average
35 th / 42
Price Per Sq FT Rank
5% lower than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 42th out of 43. Based on price per square foot, it ranks 35th out of 42 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 32th out of 42 properties in its postcode area.

Sale History

Today
£230,946
streetscan.co.uk estimate
+4 %
12 Jan 2018
£222,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £206,000
sale date: 4 Mar 2022
rooms: 2
size: 517 sq ft
sale price: £208,000
sale date: 11 Oct 2019
rooms: 2
size: 517 sq ft
sale price: £218,500
sale date: 27 Mar 2018
rooms: 2
size: 452 sq ft
sale price: £233,000
sale date: 8 Mar 2017
rooms: 2
size: 538 sq ft
sale price: £242,500
sale date: 4 Jan 2017

Data Sources

The property at Flat 20, Projection West Merchants Place, Reading, RG1 1ET appears once in the Land Registry records, with the transaction recorded on 12 Jan 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Nov 2020. 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.