Flat 27, Projection East Merchants Place, Reading, RG1 1EG is a leasehold flat built between 2003-2006. The property offers approximately 721 square feet of living space and is situated on the 9th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £294,918 , which equates to approximately £409 per square foot. It was last sold on 31 Aug 2006 for £190,900. Since then, the value has increased by £104,018, representing a 54.5% increase, or approximately 2.8% per year.

The current estimated value of £294,918 is:

  • 9.5% higher than the average property price on Merchants Place
  • 8.6% higher than the average in the RG1 1EG postcode area
  • and 29.5% lower than the average price for Reading as a whole

View sold house prices in RG1 1EG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
9th floor
Price (estimate)
£294,918
Price Per sq ft (estimate)
£409
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 27, Projection East Merchants Place, Reading, RG1 1EG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 Oct 2016.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 9% of fixed outlets
Very Poor

Compared to RG1 1EG

4 th / 28
Price Rank
9% higher than average
1 st / 26
Size Rank
21% bigger than average
25 th / 26
Price Per Sq FT Rank
10% lower than average

Compared to other properties in RG1 1EG , this flat's estimated value ranks 4th out of 28. Based on price per square foot, it ranks 25th out of 26 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 1st out of 26 properties in its postcode area.

Sale History

Today
£294,918
streetscan.co.uk estimate
+54 %
31 Aug 2006
£190,900
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £275,000
sale date: 7 Mar 2017
rooms: 3
size: 614 sq ft
sale price: £220,000
sale date: 19 Aug 2015
rooms: 3
size: 678 sq ft
sale price: £189,000
sale date: 11 Jul 2014
rooms: 3
size: 635 sq ft
sale price: £175,000
sale date: 17 Apr 2014
rooms: 3
size: 657 sq ft
sale price: £195,000
sale date: 3 Nov 2006

Data Sources

The property at Flat 27, Projection East Merchants Place, Reading, RG1 1EG appears once in the Land Registry records, with the transaction recorded on 31 Aug 2006. It also has a single Energy Performance Certificate (EPC) from 18 Oct 2016. 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.