Flat 41 Projection West Merchants Place

    FLAT 41 PROJECTION WEST, MERCHANTS PLACE, READING, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in May 2007 for £235,000. Based on price growth in the RG1 district since then, its estimated current value is £305,285 — placing it in the 50th percentile nationally and the 55th percentile within RG1. The property covers 69 m² (743 sq ft), giving an estimated value of £4,424 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £235,000

    May 2007

    Estimated Valuation

    £305,285

    Est. £/sq ft

    £411/sq ft

    £4,424/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJan 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 May 2007

    £235,000

    Key Metrics

    Estimated valuation£305,285
    Value per sq ft / m²£411/sq ft (£4,424/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile55th percentile
    National percentile50th 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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