According to the public record, 1 School Cottages, Reading is a period freehold house and with 828 ft2 of internal area and sits on a 215 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
School Road, Arborfield Cross, Reading, RG2 is located within the RG2 postal district.
1 School Cottages, Reading has 21 entries in the Land Registry database, most recently in January 2019 and a single entry in the EPC database dated September 2018.
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 School Cottages Reading as £462,366 and the rental value as £1,852 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 School Cottages Reading has decreased by £5,093 (1.1%) and its rental value has increased by £56 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 School Cottages, Reading is in very good condition we estimate a sale value of £485,485 and rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,001 and a rental value of £1,722 per month.
If you were able to purchase this property for the estimated value of £462,366, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,272 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 School Cottages, Reading sits on a plot of 215m2.
We have plot size data on 10 out of 14 other houses in the postcode and 1 School Cottages, Reading sits on the 8th largest plot.
According to HM Land Registry, 1 School Cottages, Reading was last sold on 31 Jan 2019 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2019, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 School Cottages, Reading within a radius of 329m over the last 2 years.
The most recent example is 14, Emblen Crescent, Reading, RG2 9PA, a Freehold house which sold for £365,000 in Mar 2021.
Read more about house prices in RG2.
School Road, Arborfield Cross, Reading, RG2 has a total of 16 addresses. According to our analysis of all the public data, 1 School Cottages, Reading is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in RG2.
1 School Cottages, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 School Cottages, Reading is Winnersh station which is 4.2 km 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 School Cottages, Reading, 41.4% of property is privately owned outright and 41.4% 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 School Cottages, Reading, 24.2% of residents are recorded as possessing school level qualifications and 38.1% 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 School Cottages, Reading, the average age was 37 and the most common age was 12.
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 School Cottages, Reading, 1.5% 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 School Cottages, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.