According to the public record, 1 Mortimer House Cottages, Reading is a period freehold house with 1,442 ft2 of internal area and sits on a 708 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mortimer Lane, Mortimer, Reading, RG7 is located within the RG7 postal district.
1 Mortimer House Cottages, Reading has 21 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated March 2019.
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 Mortimer House Cottages Reading as £690,781 and the rental value as £1,982 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 1 Mortimer House Cottages Reading has decreased by £15,927 (2.3%) and its rental value has increased by £59 per month (3.0%).
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 Mortimer House Cottages, Reading is in very good condition we estimate a sale value of £725,320 and rental value of £2,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £642,426 and a rental value of £1,844 per month.
If you were able to purchase this property for the estimated value of £690,781, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,395 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 Mortimer House Cottages, Reading sits on a plot of 708m2.
According to HM Land Registry, 1 Mortimer House Cottages, Reading was last sold on 27 Jun 2019 for £590,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Mortimer House Cottages, Reading within a radius of 2.4 kilometres over the last 2 years.
The most recent example is Knoll Cottage, The Street, Reading, RG7 3PE, a Freehold house which sold for £538,500 in Jan 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortimer Lane, Mortimer, Reading, RG7 has a total of 21 addresses. According to our analysis of all the public data, 1 Mortimer House Cottages, Reading is the 16th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in RG7.
1 Mortimer House Cottages, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1 Mortimer House Cottages, Reading is Mortimer station which is 900 metres 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 Mortimer House Cottages, Reading, 40.0% of property is privately owned with a mortgage and 36.8% is privately owned outright.
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 Mortimer House Cottages, Reading, 22.6% of residents are recorded as possessing school level qualifications and 50.9% 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 Mortimer House Cottages, Reading, the average age was 42.7 and the most common age was 47.
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 Mortimer House Cottages, Reading, 1.0% 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 Mortimer House Cottages, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.