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Projection East, Flat 4, Merchants Place, Reading, RG1 1EG

EPC B

Estimated value

£198,000

  • Since the 2017 sale (£275,000)-28%
  • Against RG1 1EG's recent median (£189,000)+5%

Newest record on this page: July 2019. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.

Learn about this valuation
Property type
End terrace
Floor 7th
Habitable rooms
3
From EPC
Floor area
59 m²
635 sq ft
Energy rating
B
Score 81
Council tax
Band C
Tenure
Private Rental
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Valuation

About this valuation

How the figure is worked out and what it's based on. If you know this home, you can tell other visitors what you think it's worth.

Our estimate

£198,000

  • Against its 2017 sale (£275,000)-28%
  • Against RG1 1EG's recent median (£189,000)+5%

Your note and figure are shown publicly on this page.

How the estimate is made

The estimate for Projection East is modelled from its 59 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in RG1 1EG. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.

What it's based on

  • Floor area

    59 m² from the EPC lodged in July 2019

  • Sales of this home

    2 sales recorded, the latest in 2017

  • Recent sales in RG1 1EG

    5 sales, median £189,000 (2015–2013)

This page or the full report?

DataThis pageFull report
SalesLatest sale shown: March 2017Latest available records, read when you order
ValuationEstimate from the last refreshAnalysed against comparable sales
PlanningNone on this homeFull history, plus nearby schemes
Flood riskNot shownIncluded
Price

Sales history & valuation

Every recorded sale of this home, how its price has moved, and what neighbouring properties have sold for.

Latest sale on Projection East was the highest on Land Registry record across the postcode.

Sales timeline

  1. 7 March 2017Most recent

    £275,000

    +44.7%over 10 years

  2. 27 September 2006

    £190,000

Median price across the last 5 sales in RG1 1EG: £189,000 (2015–2013).

Risks

What this page doesn't show

1 potential issue has already been flagged for Projection East, Flat 4, Merchants Place, Reading, RG1 1EG. The detail, evidence and what to ask about it are in the Risks Report.
  • Larger development activity nearbyIn report
  • Flood risk from rivers, sea and surface waterIn report
  • Subsidence and ground-stability signalsIn report
  • Refusals, enforcement and big schemes nearbyIn report

One time fee only - money back guarantee

Overview

About Projection East

A plain-English summary derived from public records, EPC certificates, sold prices and local data.

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 16th smallest of 27 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 £198,000 is 28% 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 43.4% above the typical sold price in the postcode. Last sold in March 2017, so it's been off the market for around 9 years.

Before you decide

Everything you need to know about Projection East

The true value, the hidden risks and the full sale history, in one report.

Larger development activity nearby

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Preview of the full property report

The data behind every report

  • HM Land Registry, source of sold price history
  • Department for Education, source of schools data
  • Police.uk, source of crime statistics
  • Department for Transport, source of stations and transport links
  • Environment Agency, source of flood risk data
  • Department for Environment, Food & Rural Affairs, source of road noise data
  • PlanIt, source of planning application records
Energy

Energy performance

Every EPC certificate filed against this property — current rating, recorded improvements, and where there's headroom to reach a higher band.

For a compact home of this size, this rating sits in the top tier locally.

Current Certificate(1 of 2)
Jul 2019

EPC Rating

A
B
B81
C
D
E
F
G
Main Heating
Electric
Main Fuel
Electric
Hot Water
Poor
Windows
Good
CO2 Emissions
1.6 t/year
Occupancy
Rented

Certificate validity

Valid until 22 July 2029

2 years remaining

Property Improvements

Changes detected from historical EPC data

Jul 2019from Jul 2009
EPC improved fromC77toB81
Hot Water
AveragePoor

Hot water efficiency decreased

Low Energy Lighting
15%38%

More low energy lighting installed

Planning

Planning history

Applications and permits filed against Projection East, Flat 4, Merchants Place, Reading, RG1 1EG, sourced from the PlanIt planning register.

Projection East has no planning applications on record.

2

But the area is active

2 notable applications nearby — larger schemes and conversions that could reshape the street. The report maps them all.

On the street

Versus other Merchants Place homes

Four headline reads against 26 similar flats on this street, drawn from the latest EPC and Land Registry data.

Projection East outperforms the street on price per m² by a wide margin.

Price per m²

£4,661

Street avg £3,325

Strongly above

Floor Area

59 m²

Street avg 56 m²

Above

Habitable Rooms

3 rooms

Street avg 3 rooms

Above

CO₂ Emissions

1.6 t/year

Street avg 1.7 t/year

On par
Area

The neighbourhood at a glance

A condensed read of the local area. Each tile links through to the full breakdown on the Reading district page.
Full Reading report

Rail-style transport is unusually close for this postcode.

Crime

623/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.

Nearest schools

  • Civitas AcademyPrimary554m
  • E P Collier Primary SchoolPrimary610m
  • Katesgrove Primary SchoolPrimary889m
  • Coley Primary SchoolPrimary897m

Nearest stops

  • Station RoadBus stop63m
  • Blagrave StreetBus stop120m
  • Reading Rail Station - busesBus station124m
  • Reading Rail StationRailway station140m

Most reported crime locally

  • Violence & Sexual Offences3,065 reports33%
  • Shoplifting1,458 reports16%
  • Anti-social Behaviour868 reports9%
  • Public Order811 reports9%

Go deeper on the local area

A Local Area report breaks down crime, transport links, schools and air quality in depth.

Noise

Road noise across the postcode

Modelled day and night-time noise levels around RG1 1EG from Defra's strategic mapping. The pin marks this postcode's centroid.
Daytime road noise heatmap for RG1 1EG

Daytime· 07:00 – 23:00

56.3dB

Moderate
Night-time road noise heatmap for RG1 1EG

Night-time· 23:00 – 07:00

46.7dB

Low
55 dB
60 dB
65 dB
70 dB
75 dB
80 dB
Defra Road Noise Strategic Mapping, Round 4
SDL Surveying

Get a survey for this property

Level 3 Building Survey

21st centuryMid Floor FlatEPC BNo mains gas

Because the property has no mains gas supply, we believe a Level 3 building survey should be considered.

From £820 · Includes VAT

Comparables

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Method

How to read this page

Where every figure above comes from, how current it is and what it can't tell you.
Valuation method in detail
How the estimate is made
The estimate for Projection East is modelled from its 59 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in RG1 1EG. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
Where sold prices come from
Sold prices are HM Land Registry Price Paid Data, which covers residential sales in England and Wales since 1995. 2 sales are recorded for Projection East. Sales normally appear two to three months after completion, so the most recent ones take time to show up anywhere.
Reading the EPC
Energy Performance Certificates rate homes from A (most efficient) to G and last 10 years. The latest one for Projection East was lodged in July 2019 at band B and is valid until July 2029. 2 certificates are on record, which shows how the home has changed.
Planning records
Planning applications are collected from local authority registers through PlanIt. None is matched to Projection East. Councils sometimes file applications under a different address format, and applications on neighbouring land aren't listed here; the report covers both.
Area figures
Crime is police-recorded street-level data over the last 15 months, which places each incident at an approximate point. The 33 schools and 30 stops listed are measured in a straight line from RG1 1EG, not by walking route. Road noise is Defra's strategic noise modelling, averaged across the postcode.
Council tax band
Projection East is in council tax band C. Bands are set by the Valuation Office Agency from historic values (1 April 1991 in England, 1 April 2003 in Wales), not today's price; the amount you pay depends on the council's rate for the band.
FAQ

Common questions

The questions buyers, sellers and homeowners most often ask about Projection East, Flat 4, Merchants Place, Reading, RG1 1EG. Each answer is also embedded as structured data for search engines.

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