Flat 3, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 2003-2006. The property offers approximately 409 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £223,814 , which equates to approximately £547 per square foot. It was last sold on 27 Nov 2006 for £150,350. Since then, the value has increased by £73,464, representing a 48.9% increase, or approximately 2.6% per year.

The current estimated value of £223,814 is:

  • 16.9% lower than the average property price on Merchants Place
  • 19.7% lower than the average in the RG1 1ET postcode area
  • and 46.5% 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
2003-2006
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£223,814
Price Per sq ft (estimate)
£547
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Jun 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.

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 50% of fixed outlets
Good

Compared to RG1 1ET

43 rd / 43
Price Rank
20% lower than average
41 st / 42
Size Rank
32% smaller than average
6 th / 42
Price Per Sq FT Rank
19% higher than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 43th out of 43. Based on price per square foot, it ranks 6th out of 42 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 41th out of 42 properties in its postcode area.

Sale History

Today
£223,814
streetscan.co.uk estimate
+49 %
27 Nov 2006
£150,350
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £233,000
sale date: 8 Mar 2017
rooms: 2
size: 398 sq ft
sale price: £210,000
sale date: 18 Mar 2015
rooms: 2
size: 452 sq ft
sale price: £155,000
sale date: 18 May 2012
rooms: 2
size: 463 sq ft
sale price: £189,995
sale date: 19 Dec 2014
rooms: 2
size: 463 sq ft
sale price: £135,000
sale date: 25 Apr 2013

Data Sources

The property at Flat 3, Projection West Merchants Place, Reading, RG1 1ET appears once in the Land Registry records, with the transaction recorded on 27 Nov 2006. It also has a single Energy Performance Certificate (EPC) from 11 Jun 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.