Flat 1 The Picture House, Cheapside, RG1 7AB

Flat 1 The Picture House Cheapside is a 65 m² / 700 sq ft flat in Reading. It sold for £243,000 in January 2020. Indexed forward to today's value, that sale is roughly £242k. Recent local prices imply a broad valuation context of £213k to £280k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.

Property data
Sale history
Date Paid price Annual growth After inflation
Jan 2020 £243,000 2.7% 0.5%
Oct 2007 £176,000 -1.6% -3.7%
Nov 2003 New build New £187,500 na na
Internal area
65 square metres (700 square feet) according to latest EPC inspection
Price per internal area

This property sold for £3,738 per square metre (£347 per square foot) in Jan 2020. Indexed forward to today's value, this is roughly £3,729 per square metre (£346 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Jan 2020 £243,000 £3,738 £242,364 £3,729
Oct 2007 £176,000 £2,708 £213,479 £3,284
Nov 2003 £187,500 £2,885 £202,889 £3,121

Calculated using the latest EPC internal area of 65 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £242,364. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Reading are now selling for between £3,280 and £4,310 per square metre (£304 and £400 per square foot). Based on an internal area of 65 m², this implies a valuation between £213,000 and £280,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Flat
Council tax band
D
Archived listings
History:
Archived rental listing for Flat 1 The Picture House Cheapside. Advertised on multiple portals. It was reduced on 29/09/2020. It last appeared Oct 2020.
Photos:

There are 6 archived estate agent listing photos for Flat 1 The Picture House Cheapside.

Photos for The Picture House Cheapside
View photos
Advertiser remarks:
  • 2 bedrooms
  • 2 bathrooms
EPC Inspections
Summary:
28 June 2011 - energy performance certificate grade C
Reason for EPC:
None
Tenure:
Private rental
Property type:
None , has 3 habitable rooms. Estimated year built 2003 to 2006
Area:
65 sqm (700 square foot) total internal area
Comments:
Frequently asked questions

Flat 1 The Picture House Cheapside is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.

  • HouseMetric estimates the most recent sale price indexed forward to today's value is £242,364.
  • Based on an internal area of 65 m² and recent prices in Reading, this implies a lower and upper quartile range from £213,000 to £280,000, using HouseMetric's implied valuation methodology.

According to HM Land Registry price paid data, Flat 1 The Picture House Cheapside last sold for £243,000 in January 2020.

HouseMetric shows Flat 1 The Picture House Cheapside as 65 m² (700 sq ft), based on the latest internal area data available for this property. The bedroom count is shown as 2 bedrooms. Bedroom numbers can come from a previous estate agency listing, an EPC record, or an estimate based on the size of the property.

The latest EPC rating shown by HouseMetric is C, from an inspection dated 28 June 2011. EPC information comes from the public Energy Performance Certificate data for England and Wales.

When we last checked, Flat 1 The Picture House Cheapside was in council tax band D. Council Tax bands can change, so check the latest Valuation Office Agency Council Tax list.

Flat 1 The Picture House Cheapside is in postcode RG1 7AB, in Reading. You can also view HouseMetric's sold-price page for Cheapside, RG1 7AB or analysis of the Reading property market.

HouseMetric combines HM Land Registry price paid data, Energy Performance Certificate data and Ordnance Survey/open data. The data were last updated 1 June 2026. Figures such as indexed values and local valuation ranges are calculated estimates for context, while official records can change as public datasets are updated.

For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.