Flat 1 Projection West Merchants Place

    FLAT 1 PROJECTION WEST, MERCHANTS PLACE, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in March 2015 for £210,000. Based on price growth in the RG1 district since then, its estimated current value is £224,987 — placing it in the 31st percentile nationally and the 27th percentile within RG1. The property covers 37 m² (398 sq ft), giving an estimated value of £6,081 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    398 sq ft

    37 m²

    Last Sale Price

    £210,000

    Mar 2015

    Estimated Valuation

    £224,987

    Est. £/sq ft

    £565/sq ft

    £6,081/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area398 sq ft (37 m²)
    EPC dateMay 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    18 Mar 2015

    £210,000

    27 Nov 2006

    New build

    £142,500

    Key Metrics

    Estimated valuation£224,987
    Value per sq ft / m²£565/sq ft (£6,081/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile27th percentile
    National percentile31st 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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