Flat 35, Icon House Merchants Place, Reading, RG1 1EQ is a leasehold flat built between 2003-2006. The property offers approximately 506 square feet of living space and is situated on the 5th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £237,570 , which equates to approximately £470 per square foot. It was last sold on 30 Jun 2017 for £232,000. Since then, the value has increased by £5,570, representing a 2.4% increase, or approximately 0.3% per year.

The current estimated value of £237,570 is:

  • 11.8% lower than the average property price on Merchants Place
  • 12.9% higher than the average in the RG1 1EQ postcode area
  • and 43.2% lower than the average price for Reading as a whole

At the most recent EPC inspection on 27 May 2021, 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
506 sq ft
Tenure
Leasehold
Floor level
5th floor
Price (estimate)
£237,570
Price Per sq ft (estimate)
£470
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 35, Icon House Merchants Place, Reading, RG1 1EQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 May 2021.

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 9 Jun 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 28% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 1EQ

6 th / 13
Price Rank
13% higher than average
11 th / 13
Size Rank
12% smaller than average
1 st / 13
Price Per Sq FT Rank
29% higher than average

Compared to other properties in RG1 1EQ , this flat's estimated value ranks 6th out of 13. Based on price per square foot, it ranks 1st out of 13 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 11th out of 13 properties in its postcode area.

Sale History

Today
£237,570
streetscan.co.uk estimate
+2 %
30 Jun 2017
£232,000
Leasehold
+7.9 %
13 Nov 2015
£215,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £202,500
sale date: 7 Jun 2018
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
rooms: 2
size: 517 sq ft
sale price: £206,000
sale date: 4 Mar 2022

Data Sources

The property at Flat 35, Icon House Merchants Place, Reading, RG1 1EQ appears two times in the Land Registry records, with the latest transaction recorded on 30 Jun 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 May 2021. 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.