Flat 5, Caversham Place Richfield Avenue, Reading, RG1 8BY is a leasehold flat built between 2003-2006. The property offers approximately 474 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £246,755 , which equates to approximately £521 per square foot. It was last sold on 27 Nov 2013 for £164,000. Since then, the value has increased by £82,755, representing a 50.5% increase, or approximately 4.2% per year.

The current estimated value of £246,755 is:

  • 72.5% lower than the average property price on Richfield Avenue
  • 5.5% lower than the average in the RG1 8BY postcode area
  • and 41.0% lower than the average price for Reading as a whole

At the most recent EPC inspection on 28 November 2022, the property was recorded as rented.

View sold house prices in RG1 8BY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
474 sq ft
Tenure
Leasehold
Price (estimate)
£246,755
Price Per sq ft (estimate)
£521
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Caversham Place Richfield Avenue, Reading, RG1 8BY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Nov 2022.

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 24 Jun 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
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 8BY

24 th / 32
Price Rank
6% lower than average
30 th / 30
Size Rank
23% smaller than average
4 th / 30
Price Per Sq FT Rank
23% higher than average

Compared to other properties in RG1 8BY , this flat's estimated value ranks 24th out of 32. Based on price per square foot, it ranks 4th out of 30 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 30th out of 30 properties in its postcode area.

Sale History

Today
£246,755
streetscan.co.uk estimate
+50 %
27 Nov 2013
£164,000
Leasehold
-5.2 %
29 Jun 2007
£172,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £202,500
sale date: 28 Mar 2025
rooms: 2
size: 484 sq ft
sale price: £204,245
sale date: 26 Nov 2024
rooms: 2
size: 495 sq ft
sale price: £215,000
sale date: 8 Nov 2024
rooms: 2
size: 495 sq ft
sale price: £210,000
sale date: 6 Oct 2017
rooms: 2
size: 495 sq ft
sale price: £222,182
sale date: 16 Feb 2017

Data Sources

The property at Flat 5, Caversham Place Richfield Avenue, Reading, RG1 8BY appears two times in the Land Registry records, with the latest transaction recorded on 27 Nov 2013. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Nov 2022. 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.