Flat 29 Icon House Merchants Place

    FLAT 29 ICON HOUSE, MERCHANTS PLACE, READING, RG1 1EQ

    This flat/maisonette leasehold property on Merchants Place last sold in July 2024 for £135,740. Based on price growth in the RG1 district since then, its estimated current value is £131,885 — placing it in the 9th percentile nationally and the 4th percentile within RG1. The property covers 57 m² (614 sq ft), giving an estimated value of £2,314 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £135,740

    Jul 2024

    Estimated Valuation

    £131,885

    Est. £/sq ft

    £215/sq ft

    £2,314/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateMar 2016
    WallsSystem built, as built, insulated (assumed)
    HeatingElectric storage heaters, Room heaters, electric

    Transaction History

    18 Jul 2024

    £135,740

    30 Aug 2016

    £260,000

    Key Metrics

    Estimated valuation£131,885
    Value per sq ft / m²£215/sq ft (£2,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile4th percentile
    National percentile9th percentile

    District Context — RG1

    RG1 covers central Reading, including the town centre and surrounding residential areas in Berkshire. It is a diverse, urban neighbourhood with strong rental activity and a younger demographic profile.

    Average Property Price - RG1

    £330,361

    51

    National percentile

    Average Net Household Income - RG1

    £22,316

    2

    National percentile

    10-Year Annualised Price Growth - RG1

    2.3%

    13

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG1

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