Flat 12 42 Market Place

    FLAT 12 42, MARKET PLACE, READING, RG1 2DE

    This flat/maisonette leasehold property on Market Place last sold in June 2016 for £290,000. Based on price growth in the RG1 district since then, its estimated current value is £275,042 — placing it in the 44th percentile nationally and the 44th percentile within RG1. The property covers 53 m² (570 sq ft), giving an estimated value of £5,189 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £290,000

    Jun 2016

    Estimated Valuation

    £275,042

    Est. £/sq ft

    £482/sq ft

    £5,189/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot available
    Construction age2016
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area570 sq ft (53 m²)
    EPC dateJan 2016
    WallsAverage thermal transmittance 0.29 W/m²K
    HeatingElectric underfloor heating

    Transaction History

    21 Jun 2016

    New build

    £290,000

    Key Metrics

    Estimated valuation£275,042
    Value per sq ft / m²£482/sq ft (£5,189/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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