Flat 5, 1 Gweal Avenue, Reading, RG2 0FP is a leasehold flat built in 2007 onwards. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £223,427 , which equates to approximately £415 per square foot. It was last sold on 10 May 2018 for £215,000. Since then, the value has increased by £8,427, representing a 3.9% increase, or approximately 0.5% per year.

The current estimated value of £223,427 is:

  • 31.4% lower than the average property price on Gweal Avenue
  • 25.0% lower than the average in the RG2 0FP postcode area
  • and 46.6% lower than the average price for Reading as a whole

View sold house prices in RG2 0FP

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£223,427
Price Per sq ft (estimate)
£415
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 1 Gweal Avenue, Reading, RG2 0FP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Mar 2019.

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 4 Dec 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 5.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance = 0.14 w/m?k to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance = 0.30 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 82% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 82% of fixed outlets
Very Good

Compared to RG2 0FP

15 th / 21
Price Rank
25% lower than average
19 th / 21
Size Rank
38% smaller than average
6 th / 21
Price Per Sq FT Rank
20% higher than average

Compared to other properties in RG2 0FP , this flat's estimated value ranks 15th out of 21. Based on price per square foot, it ranks 6th out of 21 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 19th out of 21 properties in its postcode area.

Sale History

Today
£223,427
streetscan.co.uk estimate
+4 %
10 May 2018
£215,000
Leasehold
-5.1 %
12 Dec 2016
£226,500
Leasehold
+22.4 %
18 Dec 2014
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 1 Gweal Avenue, Reading, RG2 0FP
rooms: 2
size: 538 sq ft
sale price: £195,000
sale date: 13 May 2019
Flat 3, 23 Gweal Avenue, Reading, RG2 0FP
rooms: 2
size: 538 sq ft
sale price: £210,000
sale date: 19 Jun 2017
Flat 1, 23 Gweal Avenue, Reading, RG2 0FP
rooms: 2
size: 538 sq ft
sale price: £42,500
sale date: 24 Apr 2015
Flat 4, 1 Gweal Avenue, Reading, RG2 0FP
rooms: 3
size: 592 sq ft
sale price: £200,000
sale date: 1 Apr 2009
Flat 1, 1 Gweal Avenue, Reading, RG2 0FP
rooms: 2
size: 538 sq ft
sale price: £165,000
sale date: 27 Feb 2009

Data Sources

The property at Flat 5, 1 Gweal Avenue, Reading, RG2 0FP appears three times in the Land Registry records, with the latest transaction recorded on 10 May 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Mar 2019. 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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