Flat 27, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 1996-2002. The property offers approximately 657 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £287,560 , which equates to approximately £438 per square foot. It was last sold on 29 Aug 2013 for £192,000. Since then, the value has increased by £95,560, representing a 49.8% increase, or approximately 4.0% per year.

The current estimated value of £287,560 is:

  • 6.8% higher than the average property price on Merchants Place
  • 3.2% higher than the average in the RG1 1ET postcode area
  • and 31.3% lower than the average price for Reading as a whole

View sold house prices in RG1 1ET

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£287,560
Price Per sq ft (estimate)
£438
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 27, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 31 Dec 2018.

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 18 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 hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 14% of fixed outlets to low energy lighting in 11% of fixed outlets, with no change in efficiency (poor).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 11% of fixed outlets
Poor

Compared to RG1 1ET

14 th / 43
Price Rank
3% higher than average
17 th / 42
Size Rank
8% bigger than average
16 th / 42
Price Per Sq FT Rank
5% lower than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 14th out of 43. Based on price per square foot, it ranks 16th out of 42 properties. In terms of size, this home ranks 17th out of 42 properties in its postcode area.

Sale History

Today
£287,560
streetscan.co.uk estimate
+50 %
29 Aug 2013
£192,000
Leasehold
-10.7 %
6 Dec 2006
£215,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 32, Projection West Merchants Place, Reading, RG1 1ET
rooms: 3
size: 657 sq ft
sale price: £259,000
sale date: 23 Sep 2019
Flat 12, Projection West Merchants Place, Reading, RG1 1ET
rooms: 3
size: 678 sq ft
sale price: £260,000
sale date: 11 Feb 2019
Flat 22, Projection West Merchants Place, Reading, RG1 1ET
rooms: 3
size: 660 sq ft
sale price: £280,000
sale date: 21 Jul 2017
Flat 28, Projection West Merchants Place, Reading, RG1 1ET
rooms: 3
size: 732 sq ft
sale price: £280,000
sale date: 13 Apr 2017
Flat 26, Projection West Merchants Place, Reading, RG1 1ET
rooms: 3
size: 743 sq ft
sale price: £285,000
sale date: 9 Dec 2015

Data Sources

The property at Flat 27, Projection West Merchants Place, Reading, RG1 1ET appears two times in the Land Registry records, with the latest transaction recorded on 29 Aug 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Dec 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.
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