Flat 7, Bear Wharf Fobney Street, Reading, RG1 6BT is a leasehold flat built between 1996-2002. The property offers approximately 657 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 £352,596 , which equates to approximately £537 per square foot. It was last sold on 9 Oct 2012 for £225,000. Since then, the value has increased by £127,596, representing a 56.7% increase, or approximately 4.3% per year.

The current estimated value of £352,596 is:

  • 23.4% lower than the average property price on Fobney Street
  • 4.6% lower than the average in the RG1 6BT postcode area
  • and 15.7% lower than the average price for Reading as a whole

View sold house prices in RG1 6BT

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£352,596
Price Per sq ft (estimate)
£537
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, Bear Wharf Fobney Street, Reading, RG1 6BT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Aug 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 30 Jul 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Very Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to RG1 6BT

10 th / 11
Price Rank
5% lower than average
9 th / 11
Size Rank
3% smaller than average
10 th / 11
Price Per Sq FT Rank
1% lower than average

Compared to other properties in RG1 6BT , this flat's estimated value ranks 10th out of 11. Based on price per square foot, it ranks 10th out of 11 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 9th out of 11 properties in its postcode area.

Sale History

Today
£352,596
streetscan.co.uk estimate
+57 %
9 Oct 2012
£225,000
Leasehold
+15.4 %
8 Feb 2002
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £300,000
sale date: 2 Oct 2020
rooms: 3
size: 700 sq ft
sale price: £285,000
sale date: 14 Dec 2017
rooms: 3
size: 667 sq ft
sale price: £270,000
sale date: 17 May 2013
rooms: 3
size: 592 sq ft
sale price: £192,000
sale date: 9 Mar 2012
rooms: 3
size: 753 sq ft
sale price: £249,950
sale date: 5 Jun 2008

Data Sources

The property at Flat 7, Bear Wharf Fobney Street, Reading, RG1 6BT appears two times in the Land Registry records, with the latest transaction recorded on 9 Oct 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Aug 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.