Flat 26, Queens Lawns, 48 Alexandra Road, Reading, RG1 5PR is a leasehold flat built between 1976-1982. The property offers approximately 570 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £199,059 , which equates to approximately £349 per square foot. It was last sold on 22 Mar 2019 for £181,000. Since then, the value has increased by £18,059, representing a 10.0% increase, or approximately 1.5% per year.

The current estimated value of £199,059 is:

  • 58.3% lower than the average property price on Alexandra Road
  • 4.9% higher than the average in the RG1 5PR postcode area
  • and 52.4% 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 16 August 2018, the property was recorded as owner-occupied.

View sold house prices in RG1 5PR

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£199,059
Price Per sq ft (estimate)
£349
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 26, Queens Lawns, 48 Alexandra Road, Reading, RG1 5PR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Aug 2018.

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 3 Mar 2014, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 28.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 150 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • 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
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to RG1 5PR

8 th / 24
Price Rank
5% higher than average
2 nd / 24
Size Rank
19% bigger than average
20 th / 24
Price Per Sq FT Rank
12% lower than average

Compared to other properties in RG1 5PR , this flat's estimated value ranks 8th out of 24. Based on price per square foot, it ranks 20th out of 24 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 2nd out of 24 properties in its postcode area.

Sale History

Today
£199,059
streetscan.co.uk estimate
+10 %
22 Mar 2019
£181,000
Leasehold
+44.8 %
7 Oct 2011
£125,000
Leasehold
-4.2 %
30 Sep 2009
£130,500
Leasehold
+41.1 %
31 Oct 2001
£92,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £170,000
sale date: 14 Feb 2024
rooms: 2
size: 527 sq ft
sale price: £160,000
sale date: 24 May 2019
rooms: 2
size: 549 sq ft
sale price: £175,000
sale date: 19 Feb 2019
rooms: 2
size: 527 sq ft
sale price: £121,500
sale date: 2 Nov 2012
rooms: 2
size: 560 sq ft
sale price: £125,000
sale date: 30 Jun 2011

Data Sources

The property at Flat 26, Queens Lawns, 48 Alexandra Road, Reading, RG1 5PR appears four times in the Land Registry records, with the latest transaction recorded on 22 Mar 2019. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Aug 2018. 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.