According to the public record, 1 Hermitage Cottages, Reading is a period freehold house with 1,636 ft2 of internal area and sits on a 597 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Eastfield Lane, Goring Heath, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
1 Hermitage Cottages, Reading has 2 entries in the Land Registry database, most recently in August 2008 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Hermitage Cottages Reading as £805,672 and the rental value as £2,631 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 Hermitage Cottages Reading has decreased by £11,567 (1.4%) and its rental value has increased by £105 per month (4.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Hermitage Cottages, Reading is in very good condition we estimate a sale value of £845,955 and rental value of £2,763 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £749,275 and a rental value of £2,447 per month.
If you were able to purchase this property for the estimated value of £805,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,960 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Hermitage Cottages, Reading sits on a plot of 597m2.
According to HM Land Registry, 1 Hermitage Cottages, Reading was last sold on 01 Aug 2008 for £455,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2008, the market for similar properties has risen 73.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Hermitage Cottages, Reading within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 10, Oakdene, Reading, RG8 0RQ, a Freehold house which sold for £825,000 in Nov 2017.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eastfield Lane, Goring Heath, Reading, RG8 has a total of 6 addresses. According to our analysis of all the public data, 1 Hermitage Cottages, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in RG8.
1 Hermitage Cottages, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2023.
The property is connected to mains gas and has mostly multiple glazing. It is heated using Boiler and radiators, mains gas, Electric underfloor heating.
The closest station to 1 Hermitage Cottages, Reading is Goring & Streatley station which is 4.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Hermitage Cottages, Reading, 38.5% of property is privately owned outright and 38.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Hermitage Cottages, Reading, 25.8% of residents are recorded as possessing school level qualifications and 49.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Hermitage Cottages, Reading, the average age was 45.3 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Hermitage Cottages, Reading, 2.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Hermitage Cottages, Reading, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.