Flat 25, 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 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £251,195 , which equates to approximately £476 per square foot. It was last sold on 1 Dec 2006 for £169,000. Since then, the value has increased by £82,195, representing a 48.6% increase, or approximately 2.6% per year.

The current estimated value of £251,195 is:

  • 6.7% lower than the average property price on Merchants Place
  • 9.9% lower than the average in the RG1 1ET postcode area
  • and 40.0% lower than the average price for Reading as a whole

At the most recent EPC inspection on 17 July 2009, the property was recorded as owner-occupied.

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
4th floor
Price (estimate)
£251,195
Price Per sq ft (estimate)
£476
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 25, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 30 Jul 2019.

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 17 Jul 2009. The rating of B is unchanged, though the energy efficiency score decreased by 1.2%.

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 low energy lighting in 90% of fixed outlets to low energy lighting in 8% of fixed outlets, with efficiency changing from very good to very 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 8% of fixed outlets
Very Poor

Compared to RG1 1ET

37 th / 43
Price Rank
10% lower than average
27 th / 42
Size Rank
13% smaller than average
21 st / 42
Price Per Sq FT Rank
3% higher than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 37th out of 43. Based on price per square foot, it ranks 21th out of 42 properties. In terms of size, this home ranks 27th out of 42 properties in its postcode area.

Sale History

Today
£251,195
streetscan.co.uk estimate
+49 %
1 Dec 2006
£169,000
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: 527 sq ft
sale price: £222,000
sale date: 12 Jan 2018
rooms: 2
size: 452 sq ft
sale price: £233,000
sale date: 8 Mar 2017

Data Sources

The property at Flat 25, Projection West Merchants Place, Reading, RG1 1ET appears once in the Land Registry records, with the transaction recorded on 1 Dec 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 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.