Flat 8, Projection East Merchants Place, Reading, RG1 1EG is a leasehold flat built between 2003-2006. The property offers approximately 527 square feet of living space and is situated on the 6th floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £266,576 , which equates to approximately £505 per square foot. It was last sold on 27 Sep 2006 for £175,000. Since then, the value has increased by £91,576, representing a 52.3% increase, or approximately 2.7% per year.

The current estimated value of £266,576 is:

  • 1.0% lower than the average property price on Merchants Place
  • 1.8% lower than the average in the RG1 1EG postcode area
  • and 36.3% 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
527 sq ft
Tenure
Leasehold
Floor level
6th floor
Price (estimate)
£266,576
Price Per sq ft (estimate)
£505
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, Projection East Merchants Place, Reading, RG1 1EG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 2 Jan 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 Jan 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 7.8%.

Since the previous assessment, several changes were observed:

  • 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 13% of fixed outlets to low energy lighting in 18% 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 18% of fixed outlets
Poor

Compared to RG1 1EG

20 th / 28
Price Rank
2% lower than average
20 th / 26
Size Rank
12% smaller than average
6 th / 26
Price Per Sq FT Rank
11% higher than average

Compared to other properties in RG1 1EG , this flat's estimated value ranks 20th out of 28. Based on price per square foot, it ranks 6th out of 26 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 20th out of 26 properties in its postcode area.

Sale History

Today
£266,576
streetscan.co.uk estimate
+52 %
27 Sep 2006
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £189,995
sale date: 19 Dec 2014
rooms: 2
size: 527 sq ft
sale price: £151,800
sale date: 23 Aug 2013
rooms: 2
size: 463 sq ft
sale price: £160,000
sale date: 22 Sep 2006
rooms: 2
size: 527 sq ft
sale price: £153,500
sale date: 7 Sep 2006
rooms: 3
size: 603 sq ft
sale price: £186,750
sale date: 7 Sep 2006

Data Sources

The property at Flat 8, Projection East Merchants Place, Reading, RG1 1EG appears once in the Land Registry records, with the transaction recorded on 27 Sep 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jan 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.