Flat 35, The Picture House Cheapside, Reading, RG1 7AJ is a leasehold flat built between 1996-2002. The property offers approximately 807 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £256,433 , which equates to approximately £318 per square foot. It was last sold on 5 Jan 2018 for £246,500. Since then, the value has increased by £9,933, representing a 4.0% increase, or approximately 0.5% per year.

The current estimated value of £256,433 is:

  • 14.5% lower than the average property price on Cheapside
  • 15.6% lower than the average in the RG1 7AJ postcode area
  • and 38.7% lower than the average price for Reading as a whole

At the most recent EPC inspection on 24 July 2017, the property was recorded as owner-occupied.

View sold house prices in RG1 7AJ

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£256,433
Price Per sq ft (estimate)
£318
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 35, The Picture House Cheapside, Reading, RG1 7AJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jul 2017.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Oct 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 18.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water energy efficiency changing from good to very poor, while the system remained as from main system.
  • The roof construction or insulation changed from (another dwelling above) to flat, insulated, improving energy efficiency from n/a to average.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Roof
Flat, insulated
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to RG1 7AJ

22 nd / 22
Price Rank
16% lower than average
4 th / 21
Size Rank
16% bigger than average
21 st / 21
Price Per Sq FT Rank
27% lower than average

Compared to other properties in RG1 7AJ , this flat's estimated value ranks 22th out of 22. Based on price per square foot, it ranks 21th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 21 properties in its postcode area.

Sale History

Today
£256,433
streetscan.co.uk estimate
+4 %
5 Jan 2018
£246,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £260,000
sale date: 30 Nov 2017
rooms: 3
size: 689 sq ft
sale price: £291,000
sale date: 15 Jun 2016
rooms: 3
size: 807 sq ft
sale price: £269,000
sale date: 16 Jun 2015
rooms: 3
size: 687 sq ft
sale price: £230,000
sale date: 21 May 2015
rooms: 3
size: 700 sq ft
sale price: £225,000
sale date: 30 Mar 2015

Data Sources

The property at Flat 35, The Picture House Cheapside, Reading, RG1 7AJ appears once in the Land Registry records, with the transaction recorded on 5 Jan 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jul 2017. 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.