Flat 44, Projection West Merchants Place, Reading, RG1 1ET is a leasehold flat built between 2007-2011. The property offers approximately 452 square feet of living space and is situated on the 8th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £240,350 , which equates to approximately £532 per square foot. It was last sold on 8 Mar 2017 for £233,000. Since then, the value has increased by £7,350, representing a 3.2% increase, or approximately 0.4% per year.

The current estimated value of £240,350 is:

  • 10.7% lower than the average property price on Merchants Place
  • 13.8% lower than the average in the RG1 1ET postcode area
  • and 42.6% lower than the average price for Reading as a whole

At the most recent EPC inspection on 14 February 2023, the property was recorded as rented.

View sold house prices in RG1 1ET

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
452 sq ft
Tenure
Leasehold
Floor level
8th floor
Price (estimate)
£240,350
Price Per sq ft (estimate)
£532
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 44, Projection West Merchants Place, Reading, RG1 1ET has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 14 Feb 2023.

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 15 Oct 2009. The rating of C remains the same, but the energy efficiency score improved by 10.1%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 30% of fixed outlets to no low energy lighting, with efficiency changing from average to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, insulated (assumed)
Good
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to RG1 1ET

33 rd / 43
Price Rank
14% lower than average
40 th / 42
Size Rank
25% smaller than average
4 th / 42
Price Per Sq FT Rank
15% higher than average

Compared to other properties in RG1 1ET , this flat's estimated value ranks 33th out of 43. Based on price per square foot, it ranks 4th out of 42 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 40th out of 42 properties in its postcode area.

Sale History

Today
£240,350
streetscan.co.uk estimate
+3 %
8 Mar 2017
£233,000
Leasehold
+33.9 %
21 Dec 2006
£174,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 517 sq ft
sale price: £206,000
sale date: 4 Mar 2022
rooms: 2
size: 517 sq ft
sale price: £208,000
sale date: 11 Oct 2019
rooms: 2
size: 517 sq ft
sale price: £218,500
sale date: 27 Mar 2018
rooms: 2
size: 506 sq ft
sale price: £224,950
sale date: 13 Nov 2015
rooms: 2
size: 398 sq ft
sale price: £210,000
sale date: 18 Mar 2015

Data Sources

The property at Flat 44, Projection West Merchants Place, Reading, RG1 1ET appears two times in the Land Registry records, with the latest transaction recorded on 8 Mar 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Feb 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.