Flat 21 The Picture House, Cheapside, RG1 7AB
Flat 21 The Picture House Cheapside is a 47 m² / 506 sq ft flat in Reading. It sold for £196,000 in September 2022. Indexed forward to today's value, that sale is roughly £178k. Recent local prices imply a broad valuation context of £154k to £203k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Sep 2022 £196,000 * -0.5% -3.9% Oct 2018 £200,000 * 1.5% -0.7% Dec 2003 New build New £160,900 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Floor plan
-
Archived estate agent floor plan for Flat 21 The Picture House, Cheapside.
- Internal area
- 47 square metres (506 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £4,170 per square metre (£387 per square foot) in Sep 2022. Indexed forward to today's value, this is roughly £3,780 per square metre (£351 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Sep 2022 £196,000 £4,170 £177,651 £3,780 Oct 2018 £200,000 £4,255 £177,755 £3,782 Dec 2003 £160,900 £3,423 £171,999 £3,660 Calculated using the latest EPC internal area of 47 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 £177,651. 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 47 m², this implies a valuation between £154,000 and £203,000. 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
- 1
- Type
- Flat
- Council tax band
- C
- Title number
- BK388527
- Tenure
- Leasehold/other
- Title address
- Flat 21, The Picture House, Cheapside, Reading
- Owner
-
LSS PROPERTIES LTD
(Company reference number: 13295185)
Proprietor address: Flat 7, Mcilroys Building, 18 Oxford Road, Reading RG1 7LB
Price paid on title: £196,000
Ownership record added to Land Registry's corporate ownership dataset 21 Nov 2022
- History:
- Archived sales listing for Flat 21 The Picture House Cheapside. Advertised on multiple portals. It was reduced on 25/02/2021. It last appeared Oct 2022.
- Photos:
-
There are 9 archived estate agent listing photos for Flat 21 The Picture House Cheapside.
- Advertiser remarks:
-
- 1 bedrooms
- 1 bathrooms
- Summary:
- 13 June 2022 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- Rental
- Tenure:
- Private rental
- Property type:
- 2nd floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 47 sqm (506 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.
- Summary:
- 12 June 2012 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- rental (private)
- Tenure:
- Unknown
- Property type:
- 2nd floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 49 sqm (527 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.
Flat 21 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 £177,651.
- Based on an internal area of 47 m² and recent prices in Reading, this implies a lower and upper quartile range from £154,000 to £203,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.