Flat 34, Icon House Merchants Place, Reading, RG1 1EQ is a leasehold flat built between 2003-2006. The property offers approximately 517 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £213,146 , which equates to approximately £413 per square foot. It was last sold on 7 Jun 2018 for £202,500. Since then, the value has increased by £10,646, representing a 5.3% increase, or approximately 0.7% per year.

The current estimated value of £213,146 is:

  • 20.8% lower than the average property price on Merchants Place
  • 1.3% higher than the average in the RG1 1EQ postcode area
  • and 49.1% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 July 2023, the property was recorded as rented.

View sold house prices in RG1 1EQ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£213,146
Price Per sq ft (estimate)
£413
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 34, Icon House Merchants Place, Reading, RG1 1EQ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Jul 2023.

This property uses electric storage 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 May 2013, and the property received the same rating of B with an unchanged energy efficiency score of 86.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to RG1 1EQ

8 th / 13
Price Rank
1% higher than average
10 th / 13
Size Rank
10% smaller than average
6 th / 13
Price Per Sq FT Rank
13% higher than average

Compared to other properties in RG1 1EQ , this flat's estimated value ranks 8th out of 13. Based on price per square foot, it ranks 6th out of 13 properties. In terms of size, this home ranks 10th out of 13 properties in its postcode area.

Sale History

Today
£213,146
streetscan.co.uk estimate
+5 %
7 Jun 2018
£202,500
Leasehold
+39.7 %
25 Jul 2014
£145,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £232,000
sale date: 30 Jun 2017
rooms: 2
size: 592 sq ft
sale price: £242,000
sale date: 2 Nov 2015
rooms: 2
size: 538 sq ft
sale price: £140,000
sale date: 10 Feb 2014
rooms: 2
size: 463 sq ft
sale price: £135,000
sale date: 25 Apr 2013
rooms: 2
size: 452 sq ft
sale price: £108,563
sale date: 1 Mar 2007

Data Sources

The property at Flat 34, Icon House Merchants Place, Reading, RG1 1EQ appears two times in the Land Registry records, with the latest transaction recorded on 7 Jun 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 2023. 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.