Flat 44 Projection West Merchants Place

    FLAT 44 PROJECTION WEST, MERCHANTS PLACE, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in March 2017 for £233,000. Based on price growth in the RG1 district since then, its estimated current value is £210,247 — placing it in the 27th percentile nationally and the 22nd percentile within RG1. The property covers 48 m² (517 sq ft), giving an estimated value of £4,380 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £233,000

    Mar 2017

    Estimated Valuation

    £210,247

    Est. £/sq ft

    £407/sq ft

    £4,380/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    8 Mar 2017

    £233,000

    21 Dec 2006

    New build

    £174,000

    Key Metrics

    Estimated valuation£210,247
    Value per sq ft / m²£407/sq ft (£4,380/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile22nd percentile
    National percentile27th 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

    More properties in RG1

    Streets in RG1

    Explore nearby