Flat 28 Projection West Merchants Place

    FLAT 28 PROJECTION WEST, MERCHANTS PLACE, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in April 2017 for £280,000. Based on price growth in the RG1 district since then, its estimated current value is £252,658 — placing it in the 38th percentile nationally and the 36th percentile within RG1. The property covers 68 m² (732 sq ft), giving an estimated value of £3,716 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    732 sq ft

    68 m²

    Last Sale Price

    £280,000

    Apr 2017

    Estimated Valuation

    £252,658

    Est. £/sq ft

    £345/sq ft

    £3,716/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area732 sq ft (68 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 Apr 2017

    £280,000

    5 Dec 2006

    £225,000

    Key Metrics

    Estimated valuation£252,658
    Value per sq ft / m²£345/sq ft (£3,716/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile36th percentile
    National percentile38th 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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