Flat 3, Projection West
Flat 3, Projection West
Description & Estimates
The public record describes Flat 3, Projection West, Reading as a modern apartment with 409 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 3, Projection West, Reading has an estimated sale value of £183,373 and an estimated rental value of £1,085 per month, assuming reasonable condition and based on the information available.
The apartment sits within Projection West, Merchants Place, Reading, RG1.
Merchants Place, Reading, RG1 lies within the RG1 postal district.
Our Data Sources
Flat 3, Projection West, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, Projection West, Reading would be worth £192,542, with a potential rental value of £1,139 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £170,537, with a rental value of £1,009 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, Projection West, Reading has moved down by £5,238 (2.9%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (3.3%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
Flat 3, Projection West, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 3, Projection West, Reading last changed hands on 27th November 2006, selling for £150,350. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Nov 2006£150,350
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 147 sales of comparable properties within 370 metres of Flat 3, Projection West, Reading across the last 2 years.
Most recently, Flat 18, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA, a leasehold flat, sold at £162,000 on the 14th November 2025.
Read more about house prices in RG1.
- Sold Nov 2025£162,000 | 1 Bed FlatFlat 18, Summit House 49-51, Greyfriars Road, Reading, RG1 1PAFlat 18, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
- Sold Oct 2024£175,000 | 1 Bed FlatFlat 20, Summit House 49-51, Greyfriars Road, Reading, RG1 1PAFlat 20, Summit House 49-51, Greyfriars Road, Reading, RG1 1PA
- Sold Aug 2019£210,000 | 1 Bed FlatFlat 14, 7-11, Station Road, Reading, RG1 1LGFlat 14, 7-11, Station Road, Reading, RG1 1LG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, Projection West, Reading as the 118th largest and the 77th most expensive of the 119 addresses on Merchants Place, Reading, RG1.
Against the RG1 postcode district average, it is £108k less expensive than the typical property.
More reading links
Schools Nearby
- Civitas Academy500 m away
- E P Collier Primary School600 m away
- Katesgrove Primary School900 m away
- Kendrick School900 m away
- River Academy1.3 km away
- Reading School1.6 km away
More reading links
Public Transport Nearby
Reading station is the nearest stop to Flat 3, Projection West, Reading at 100 metres away.
- Reading|100 m away
- Reading West|1.2 km away
- Reading Green Park|3.9 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
