Flat 33, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 1996-2002. The property offers approximately 710 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £332,945 , which equates to approximately £469 per square foot. It was last sold on 7 Dec 2006 for £224,000. Since then, the value has increased by £108,945, representing a 48.6% increase, or approximately 2.6% per year.

The current estimated value of £332,945 is:

  • 23.6% higher than the average property price on Merchants Place
  • 19.4% higher than the average in the RG1 1ET postcode area
  • and 20.4% lower than the average price for Reading as a whole

At the most recent EPC inspection on 10 December 2020, the property was recorded as rented.

View sold house prices in RG1 1ET

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£332,945
Price Per sq ft (estimate)
£469
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 33, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 10 Dec 2020.

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 3 Apr 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 2.5%.

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 updated from low energy lighting in 35% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from average to very good.
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
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to RG1 1ET

6 th / 43
Price Rank
19% higher than average
15 th / 42
Size Rank
17% bigger than average
23 rd / 42
Price Per Sq FT Rank
2% higher than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 6th out of 43. Based on price per square foot, it ranks 23th out of 42 properties. In terms of size, this home ranks 15th out of 42 properties in its postcode area.

Sale History

Today
£332,945
streetscan.co.uk estimate
+49 %
7 Dec 2006
£224,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £250,000
sale date: 16 Feb 2021
rooms: 3
size: 657 sq ft
sale price: £259,000
sale date: 23 Sep 2019
rooms: 3
size: 678 sq ft
sale price: £260,000
sale date: 11 Feb 2019
rooms: 3
size: 660 sq ft
sale price: £280,000
sale date: 21 Jul 2017
rooms: 3
size: 732 sq ft
sale price: £280,000
sale date: 13 Apr 2017

Data Sources

The property at Flat 33, Projection West Merchants Place, Reading, RG1 1ET appears once in the Land Registry records, with the transaction recorded on 7 Dec 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Dec 2020. 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.