Projection East, Flat 4, Merchants Place, Reading, RG1 1EG
About Projection East
Projection East is an end-of-terrace house in Reading (RG1 1EG). It has a recorded floor area of 59 m² (around 635 sq ft), construction records dating it to 2003-2006 and council tax band C. The latest certificate (July 2019) returns a B (score 81), comfortably above the UK average. When first surveyed in July 2009 the rating was C, the property has climbed 1 band since. Between certificates, lighting went from Poor to Average; while hot-water efficiency dropped from Average to Poor. Main heating runs on electricity. At 59 m² this is the 15th smallest of 26 units on EPC record in Projection East, where floor areas span 40–67 m². The building's EPC ratings span D to B, with this unit at the top.
Across 2006–2017, sale prices on this property compounded at 3.6% per year. Today's modelled estimate of £233,000 is 15.3% below the 2017 sale of £275,000, below the original sale price, which typically signals condition or completion-status changes worth verifying. On a £-per-square-foot basis, the last sale (£433/sq ft) was about 44.6% above the typical sold price in the postcode. Last sold in March 2017, so it's been off the market for around 9 years.
Energy performance
For a compact home of this size, this rating sits in the top tier locally.
EPC Rating
Property Improvements
Changes detected from historical EPC data
Hot water efficiency decreased
More low energy lighting installed
Get a survey for this property
Level 3 Building Survey
Because the property has no mains gas supply, we believe a Level 3 building survey should be considered.
From £885 · Includes VAT
Planning history
Projection East has no planning applications on record.
But the area is active
2 notable applications nearby — larger schemes and conversions that could reshape the street. The report maps them all.
Sales history & valuation
Latest sale on Projection East was the highest on Land Registry record across the postcode.
£233,000
Modelled from EPC, postcode comparables and a sale-price growth of 3.6% per year over 10 years.
£275,000
Growth on file: 3.6% per year over 10 years.
Sales timeline
7 March 2017Most recent
£275,000
+44.7%over 10 years27 September 2006
£190,000
Median price across the last 5 sales in RG1 1EG: £189,000 (2015–2013).
Nearby sales in RG1 1EG
Projection East, Flat 10, Merchants Place, Reading, RG1 1EG
Sold Aug 2015
£220,000Projection East, Flat 9, Merchants Place, Reading, RG1 1EG
Sold Dec 2014
£189,995Projection East, Flat 1, Merchants Place, Reading, RG1 1EG
Sold Jul 2014
£189,000Projection East, Flat 19, Merchants Place, Reading, RG1 1EG
Sold Apr 2014
£175,000Projection East, Flat 16, Merchants Place, Reading, RG1 1EG
Sold Aug 2013
£151,800
Versus other Merchants Place homes
Projection East outperforms the street on price per m² by a wide margin.
Price per m²
£4,661
Street avg £3,328
Floor Area
59 m²
Street avg 56 m²
Habitable Rooms
3 rooms
Street avg 3 rooms
CO₂ Emissions
1.6 t/year
Street avg 1.7 t/year
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The neighbourhood at a glance
Rail-style transport is unusually close for this postcode.
Crime
9/mo
Steady year-on-year across the wider district.
Nearest stop
0.1 km
Station Road — bus stop.
Closest school
0.6 km
Civitas Academy. 33 schools nearby.
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.
Road noise across the postcode

Daytime· 07:00 – 23:00
56.3dB

Night-time· 23:00 – 07:00
46.7dB







