Flat 38, The Picture House Cheapside, Reading, RG1 7AJ is a leasehold flat built between 1976-1982. The property offers approximately 689 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 £310,632 , which equates to approximately £451 per square foot. It was last sold on 15 Jun 2016 for £291,000. Since then, the value has increased by £19,632, representing a 6.7% increase, or approximately 0.7% per year.

The current estimated value of £310,632 is:

  • 3.6% higher than the average property price on Cheapside
  • 2.3% higher than the average in the RG1 7AJ postcode area
  • and 25.8% lower than the average price for Reading as a whole

At the most recent EPC inspection on 22 November 2021, the property was recorded as owner-occupied.

View sold house prices in RG1 7AJ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£310,632
Price Per sq ft (estimate)
£451
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 38, The Picture House Cheapside, Reading, RG1 7AJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Nov 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, 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 2 Dec 2011. The rating of C is unchanged, though the energy efficiency score decreased by 5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG1 7AJ

11 th / 22
Price Rank
2% higher than average
13 th / 21
Size Rank
1% smaller than average
12 th / 21
Price Per Sq FT Rank
3% higher than average

Compared to other properties in RG1 7AJ , this flat's estimated value ranks 11th out of 22. Based on price per square foot, it ranks 12th out of 21 properties. In terms of size, this home ranks 13th out of 21 properties in its postcode area.

Sale History

Today
£310,632
streetscan.co.uk estimate
+7 %
15 Jun 2016
£291,000
Leasehold
+43.7 %
31 Jul 2008
£202,500
Leasehold
-8 %
8 Nov 2005
£220,000
Leasehold
+10 %
16 Feb 2004
£199,950
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 33, The Picture House Cheapside, Reading, RG1 7AJ
rooms: 3
size: 700 sq ft
sale price: £260,000
sale date: 30 Nov 2017
Flat 42, The Picture House Cheapside, Reading, RG1 7AJ
rooms: 3
size: 687 sq ft
sale price: £230,000
sale date: 21 May 2015
Flat 29, The Picture House Cheapside, Reading, RG1 7AJ
rooms: 3
size: 700 sq ft
sale price: £225,000
sale date: 30 Mar 2015
Flat 26, The Picture House Cheapside, Reading, RG1 7AJ
rooms: 3
size: 721 sq ft
sale price: £235,000
sale date: 11 Mar 2015
Flat 45, The Picture House Cheapside, Reading, RG1 7AJ
rooms: 3
size: 667 sq ft
sale price: £235,000
sale date: 20 Feb 2015

Data Sources

The property at Flat 38, The Picture House Cheapside, Reading, RG1 7AJ appears four times in the Land Registry records, with the latest transaction recorded on 15 Jun 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Nov 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.
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