Flat 5 The Picture House Cheapside

    FLAT 5 THE PICTURE HOUSE, CHEAPSIDE, READING, RG1 7AB

    This flat/maisonette leasehold property on Cheapside last sold in October 2024 for £260,000. Based on price growth in the RG1 district since then, its estimated current value is £252,617 — placing it in the 38th percentile nationally and the 36th percentile within RG1. The property covers 54 m² (581 sq ft), giving an estimated value of £4,678 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £260,000

    Oct 2024

    Estimated Valuation

    £252,617

    Est. £/sq ft

    £435/sq ft

    £4,678/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateAug 2012
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Oct 2024

    £260,000

    25 Mar 2004

    £192,500

    Key Metrics

    Estimated valuation£252,617
    Value per sq ft / m²£435/sq ft (£4,678/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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