Flat 3, Trophy House Great Lea Terrace, Three Mile Cross, Reading, RG7 1PB is a leasehold flat built before 1900. The property offers approximately 506 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 £175,000 , which equates to approximately £346 per square foot. It was last sold on 22 Jan 2016 for £150,000. Since then, the value has increased by £25,000, representing a 16.7% increase, or approximately 1.7% per year.

The current estimated value of £175,000 is:

  • 25.4% lower than the average property price on Great Lea Terrace
  • 21.4% lower than the average in the RG7 1PB postcode area
  • and 72.7% 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 24 October 2019, the property was recorded as owner-occupied.

View sold house prices in RG7 1PB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
506 sq ft
Tenure
Leasehold
Price (estimate)
£175,000
Price Per sq ft (estimate)
£346
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Trophy House Great Lea Terrace, Three Mile Cross, Reading, Wokingham, RG7 1PB has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Oct 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Sep 2012, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 226.7%.

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 average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 43% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to RG7 1PB

9 th / 10
Price Rank
21% lower than average
5 th / 6
Size Rank
26% smaller than average
3 rd / 6
Price Per Sq FT Rank
6% higher than average

Compared to other properties in RG7 1PB , this flat's estimated value ranks 9th out of 10. Based on price per square foot, it ranks 3rd out of 6 properties. In terms of size, this home ranks 5th out of 6 properties in its postcode area.

Sale History

Today
£175,000
streetscan.co.uk estimate
+17 %
22 Jan 2016
£150,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 1, The Old Bakery Great Lea Terrace, Three Mile Cross, Reading, RG7 1PB
rooms: 2
size: 517 sq ft
sale price: £132,000
sale date: 12 Aug 2016
Flat 4, Trophy House Great Lea Terrace, Three Mile Cross, Reading, RG7 1PB
rooms: 2
size: 495 sq ft
sale price: £155,000
sale date: 1 Jan 2014

Data Sources

The property at Flat 3, Trophy House Great Lea Terrace, Three Mile Cross, Reading, Wokingham, RG7 1PB appears once in the Land Registry records, with the transaction recorded on 22 Jan 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 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.
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