Flat 8 Projection West Merchants Place

    FLAT 8 PROJECTION WEST, MERCHANTS PLACE, READING, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in November 2006 for £161,500. Based on price growth in the RG1 district since then, its estimated current value is £216,230 — placing it in the 29th percentile nationally and the 24th percentile within RG1. The property covers 49 m² (527 sq ft), giving an estimated value of £4,413 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £161,500

    Nov 2006

    Estimated Valuation

    £216,230

    Est. £/sq ft

    £410/sq ft

    £4,413/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area527 sq ft (49 m²)
    EPC dateOct 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Nov 2006

    £161,500

    Key Metrics

    Estimated valuation£216,230
    Value per sq ft / m²£410/sq ft (£4,413/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile24th percentile
    National percentile29th 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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