Flat 8 The Picture House Cheapside

    FLAT 8 THE PICTURE HOUSE, CHEAPSIDE, READING, RG1 7AB

    This flat/maisonette leasehold property on Cheapside last sold in February 2022 for £267,000. Based on price growth in the RG1 district since then, its estimated current value is £210,775 — placing it in the 27th percentile nationally and the 22nd percentile within RG1. The property covers 64 m² (689 sq ft), giving an estimated value of £3,293 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £267,000

    Feb 2022

    Estimated Valuation

    £210,775

    Est. £/sq ft

    £306/sq ft

    £3,293/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Feb 2022

    £267,000

    21 Sept 2018

    £283,000

    2 Apr 2007

    £228,000

    30 Mar 2007

    £320,000

    3 Oct 2003

    New build

    £207,450

    Key Metrics

    Estimated valuation£210,775
    Value per sq ft / m²£306/sq ft (£3,293/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

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