Flat 32 Projection West Merchants Place

    FLAT 32 PROJECTION WEST, MERCHANTS PLACE, READING, RG1 1ET

    This flat/maisonette leasehold property on Merchants Place last sold in September 2019 for £259,000. Based on price growth in the RG1 district since then, its estimated current value is £217,274 — placing it in the 29th percentile nationally and the 24th percentile within RG1. The property covers 61 m² (657 sq ft), giving an estimated value of £3,562 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £259,000

    Sept 2019

    Estimated Valuation

    £217,274

    Est. £/sq ft

    £331/sq ft

    £3,562/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    23 Sept 2019

    £259,000

    13 Mar 2007

    New build

    £225,000

    Key Metrics

    Estimated valuation£217,274
    Value per sq ft / m²£331/sq ft (£3,562/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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