According to the public record, 1, Alison Close, Reading is a mid-century freehold house with 968 ft2 of internal area and sits on a 651 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alison Close, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
1, Alison Close, Reading has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated September 2020.
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 Alison Close Reading as £447,008 and the rental value as £1,755 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 1 Alison Close Reading has decreased by £1,575 (0.4%) and its rental value has increased by £98 per month (5.6%).
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, Alison Close, Reading is in very good condition we estimate a sale value of £469,358 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,717 and a rental value of £1,632 per month.
If you were able to purchase this property for the estimated value of £447,008, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,197 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, Alison Close, Reading sits on a plot of 651m2.
We have plot size data on 2 out of 4 other houses in the postcode and 1, Alison Close, Reading sits on the largest plot.
According to HM Land Registry, 1, Alison Close, Reading was last sold on 16 Mar 2021 for £416,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Alison Close, Reading within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 10, Reading Road, Reading, RG7 3QA, a Freehold house which sold for £460,000 in Oct 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alison Close, Burghfield Common, Reading, RG7 has a total of 4 addresses. According to our analysis of all the public data, 1, Alison Close, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in RG7.
1, Alison Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2020.
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, Alison Close, Reading is Mortimer station which is 3.2 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, Alison Close, Reading, 35.7% of property is privately owned outright and 33.3% 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, Alison Close, Reading, 16.8% of residents are recorded as possessing school level qualifications and 42.0% 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, Alison Close, Reading, the average age was 41.2 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, Alison Close, Reading, 1.3% 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, Alison Close, 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.