Flat 6, Projection East Merchants Place, Reading, RG1 1EG is a leasehold flat built between 2003-2006. The property offers approximately 657 square feet of living space and is situated on the 7th floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £279,104 , which equates to approximately £425 per square foot. It was last sold on 10 Oct 2006 for £185,500. Since then, the value has increased by £93,604, representing a 50.5% increase, or approximately 2.6% per year.

The current estimated value of £279,104 is:

  • 3.6% higher than the average property price on Merchants Place
  • 2.8% higher than the average in the RG1 1EG postcode area
  • and 33.3% lower than the average price for Reading as a whole

View sold house prices in RG1 1EG

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
7th floor
Price (estimate)
£279,104
Price Per sq ft (estimate)
£425
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 6, Projection East Merchants Place, Reading, RG1 1EG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Sep 2019.

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 17 Sep 2009. The rating of C remains the same, but the energy efficiency score improved by 5.6%.

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 wall construction or insulation changed from system built, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 24% of fixed outlets to low energy lighting in 22% of fixed outlets, with no change in efficiency (poor).
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 22% of fixed outlets
Poor

Compared to RG1 1EG

16 th / 28
Price Rank
3% higher than average
6 th / 26
Size Rank
10% bigger than average
23 rd / 26
Price Per Sq FT Rank
6% lower than average

Compared to other properties in RG1 1EG , this flat's estimated value ranks 16th out of 28. Based on price per square foot, it ranks 23th out of 26 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 6th out of 26 properties in its postcode area.

Sale History

Today
£279,104
streetscan.co.uk estimate
+50 %
10 Oct 2006
£185,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, Projection East Merchants Place, Reading, RG1 1EG
rooms: 3
size: 635 sq ft
sale price: £275,000
sale date: 7 Mar 2017
Flat 10, Projection East Merchants Place, Reading, RG1 1EG
rooms: 3
size: 614 sq ft
sale price: £220,000
sale date: 19 Aug 2015
Flat 1, Projection East Merchants Place, Reading, RG1 1EG
rooms: 3
size: 678 sq ft
sale price: £189,000
sale date: 11 Jul 2014
Flat 19, Projection East Merchants Place, Reading, RG1 1EG
rooms: 3
size: 635 sq ft
sale price: £175,000
sale date: 17 Apr 2014
Flat 5, Projection East Merchants Place, Reading, RG1 1EG
rooms: 3
size: 657 sq ft
sale price: £195,000
sale date: 3 Nov 2006

Data Sources

The property at Flat 6, Projection East Merchants Place, Reading, RG1 1EG appears once in the Land Registry records, with the transaction recorded on 10 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Sep 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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