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Projection West, Flat 34, Merchants Place, Reading, RG1 1ET

Estimated value

£179,000

  • Since the 2022 sale (£206,000)-13%
  • Against RG1 1ET's recent median (£250,000)-28%

Newest record on this page: March 2022. 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 6th
Bedroom
1
Bathroom
1
Floor area
48 m²
517 sq ft
Energy rating
C
Score 80
Council tax
Band C
Tenure
Owner Occupied
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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

£179,000

  • Against its 2022 sale (£206,000)-13%
  • Against RG1 1ET's recent median (£250,000)-28%

Your note and figure are shown publicly on this page.

How the estimate is made

The estimate for Projection West is modelled from its 48 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in RG1 1ET. 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

    48 m² from the EPC lodged in March 2020

  • Sales of this home

    2 sales recorded, the latest in 2022

  • Recent sales in RG1 1ET

    5 sales, median £250,000 (2021–2018)

This page or the full report?

DataThis pageFull report
SalesLatest sale shown: March 2022Latest 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.

Projection West's sale-price growth has lagged the wider UK trajectory across its history on file.

Sales timeline

  1. 4 March 2022Most recent

    £206,000

    +14.4%over 15 years

  2. 19 January 2007

    £180,000

Median price across the last 5 sales in RG1 1ET: £250,000 (2021–2018).

Risks

What this page doesn't show

1 potential issue has already been flagged for Projection West, Flat 34, Merchants Place, Reading, RG1 1ET. 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

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Overview

About Projection West

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

Projection West is a one-bedroom end-of-terrace house in Reading (RG1 1ET). It has a recorded floor area of 48 m² (around 517 sq ft), construction records dating it to 2003-2006 and council tax band C. At 48 m² this is the 7th smallest of 43 units on EPC record in Projection West, where floor areas span 37–73 m². The building's EPC ratings span C to B, with this unit at the bottom. Other recorded features include a balcony. The latest certificate (March 2020) shows a C (score 80), near the top of the C band. The rating has held steady at C across 2 certificates since January 2010. Between certificates, lighting went from Average to Very Good; while hot-water efficiency dropped from Average to Poor. The recommended improvements would push it to B (score 84). Main heating runs on electricity.

Across 2007–2022, sale prices on this property compounded at 0.9% per year. Today's modelled estimate of £179,000 is 13.1% below the 2022 sale of £206,000, below the original sale price, which typically signals condition or completion-status changes worth verifying. On a £-per-square-foot basis, the last sale (£399/sq ft) was about 20.2% above the typical sold price in the postcode. At 48 m² it's 15.8% smaller than the typical home in the postcode (57 m² median across 42 EPCs). Last sale on file: £206,000 in March 2022. That sale was during the post-pandemic price surge, when transactions cleared materially above pre-2020 trend.

Specifications

What this property has

Pulled from EPC certificates, claim submissions and our property model. Empty categories are hidden — we only show what's known.

Inside

  • Bedrooms1
  • Bathrooms1
  • Open-plan layoutYes

Outside

  • ParkingOff street
  • BalconyYes

Building

  • RefurbishedYes
Before you decide

Everything you need to know about Projection West

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.

Projection West's carbon output is low for the local stock.

Current Certificate(1 of 2)
Mar 2020

EPC Rating

A
B
C
C80
D
E
F
G
Main Heating
Electric
Main Fuel
Electric
Hot Water
Poor
Windows
Good
CO2 Emissions
1.5 t/year
Occupancy
Owner Occupied

Certificate validity

Valid until 23 March 2030

3 years remaining

Property Improvements

Changes detected from historical EPC data

Mar 2020from Jan 2010
Hot Water
AveragePoor

Hot water efficiency decreased

Low Energy Lighting
27%100%

More low energy lighting installed

Planning

Planning history

Applications and permits filed against Projection West, Flat 34, Merchants Place, Reading, RG1 1ET, sourced from the PlanIt planning register.

Projection West 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 42 similar flats on this street, drawn from the latest EPC and Land Registry data.

Years Held for Projection West lags the street by a wide margin.

Price per m²

£4,292

Street avg £3,875

Above

Floor Area

48 m²

Street avg 57 m²

Strongly below

Habitable Rooms

2 rooms

Street avg 3 rooms

Below

CO₂ Emissions

1.5 t/year

Street avg 1.6 t/year

Above
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

0.5 km

Civitas Academy. 33 schools nearby.

Nearest schools

  • Civitas AcademyPrimary537m
  • E P Collier Primary SchoolPrimary606m
  • Katesgrove Primary SchoolPrimary885m
  • Coley Primary SchoolPrimary887m

Nearest stops

  • Station RoadBus stop76m
  • Blagrave StreetBus stop137m
  • Reading Rail Station - busesBus station140m
  • Reading Rail StationRailway station153m

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 1ET from Defra's strategic mapping. The pin marks this postcode's centroid.
Daytime road noise heatmap for RG1 1ET

Daytime· 07:00 – 23:00

56.3dB

Moderate
Night-time road noise heatmap for RG1 1ET

Night-time· 23:00 – 07:00

46.8dB

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 CNo 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

Similar properties nearby

A handful of close matches in the same postcode area, ranked by likeness on bedrooms, type and floor area.
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Flat
£185k

12 14, Flat 2, Queen Victoria Street

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Flat
£172k

17 19, Flat 5, Valpy Street

RG1 1AR

Flat
£187k

173 174, Flat 20, Friar Street

RG1 1HE

Flat
£188k

173 174, Flat 12, Friar Street

RG1 1HE

Flat
£188k

173 174, Flat 5, Friar Street

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Flat

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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 West is modelled from its 48 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in RG1 1ET. 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 West. 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 West was lodged in March 2020 at band C and is valid until March 2030. 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 West. 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 1ET, not by walking route. Road noise is Defra's strategic noise modelling, averaged across the postcode.
Council tax band
Projection West 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 West, Flat 34, Merchants Place, Reading, RG1 1ET. Each answer is also embedded as structured data for search engines.

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