Flat 17 Projection West Merchants Place

    FLAT 17 PROJECTION WEST, MERCHANTS PLACE, READING, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in November 2006 for £207,500. Based on price growth in the RG1 district since then, its estimated current value is £277,819 — placing it in the 44th percentile nationally and the 44th percentile within RG1. The property covers 37 m² (398 sq ft), giving an estimated value of £7,509 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

    £207,500

    Nov 2006

    Estimated Valuation

    £277,819

    Est. £/sq ft

    £698/sq ft

    £7,509/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

    27 Nov 2006

    £207,500

    Key Metrics

    Estimated valuation£277,819
    Value per sq ft / m²£698/sq ft (£7,509/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile44th percentile
    National percentile44th 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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