Flat 7, Montrose House Vachel Road, Reading, RG1 1NY is a leasehold flat built between 1983-1990. The property offers approximately 495 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £194,089 , which equates to approximately £392 per square foot. It was last sold on 14 Oct 2005 for £119,500. Since then, the value has increased by £74,589, representing a 62.4% increase, or approximately 3.1% per year.

The current estimated value of £194,089 is:

  • 30.6% lower than the average property price on Vachel Road
  • 18.8% lower than the average in the RG1 1NY postcode area
  • and 53.6% lower than the average price for Reading as a whole

View sold house prices in RG1 1NY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£194,089
Price Per sq ft (estimate)
£392
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, Montrose House Vachel Road, Reading, RG1 1NY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jun 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 7 Jun 2009. The rating of C is unchanged, though the energy efficiency score decreased by 3.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (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 1NY

11 th / 25
Price Rank
19% lower than average
5 th / 21
Size Rank
6% smaller than average
20 th / 21
Price Per Sq FT Rank
14% lower than average

Compared to other properties in RG1 1NY , this flat's estimated value ranks 11th out of 25. Based on price per square foot, it ranks 20th out of 21 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 5th out of 21 properties in its postcode area.

Sale History

Today
£194,089
streetscan.co.uk estimate
+62 %
14 Oct 2005
£119,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £140,000
sale date: 25 Jun 2010
rooms: 2
size: 474 sq ft
sale price: £150,000
sale date: 25 Aug 2006
rooms: 2
size: 463 sq ft
sale price: £119,500
sale date: 14 Oct 2005
rooms: 2
size: 431 sq ft
sale price: £119,500
sale date: 14 Oct 2005
rooms: 1
size: 495 sq ft
sale price: £97,572
sale date: 14 Oct 2005

Data Sources

The property at Flat 7, Montrose House Vachel Road, Reading, RG1 1NY appears once in the Land Registry records, with the transaction recorded on 14 Oct 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jun 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.