According to the public record, 1, Empress Road, Reading is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 349 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Empress Road, Calcot, Reading, RG31 is located within the RG31 postal district.
1, Empress Road, Reading has a single entry in the Land Registry database from November 2016 and a single entry in the EPC database dated July 2016.
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 Empress Road Reading as £380,876 and the rental value as £1,815 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 1 Empress Road Reading has decreased by £4,692 (1.2%) and its rental value has increased by £89 per month (4.9%).
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, Empress Road, Reading is in very good condition we estimate a sale value of £399,920 and rental value of £1,906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,215 and a rental value of £1,688 per month.
If you were able to purchase this property for the estimated value of £380,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,872 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, Empress Road, Reading sits on a plot of 349m2.
We have plot size data on 25 out of 26 other houses in the postcode and 1, Empress Road, Reading sits on the 5th largest plot.
According to HM Land Registry, 1, Empress Road, Reading was last sold on 18 Nov 2016 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Empress Road, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 7, Acorn Walk, Reading, RG31 4RL, a Freehold house which sold for £362,000 in Mar 2022.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Empress Road, Calcot, Reading, RG31 has a total of 26 addresses. According to our analysis of all the public data, 1, Empress Road, Reading is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £50k less expensive than the average property in RG31.
1, Empress Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2016.
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, Empress Road, Reading is Theale station which is 2.3 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, Empress Road, Reading, 82.4% of property is socially rented and 8.0% 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, Empress Road, Reading, 23.4% of residents are recorded as possessing school level qualifications and 15.9% 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, Empress Road, Reading, the average age was 42.4 and the most common age was 57.
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, Empress Road, Reading, 0.0% 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, Empress Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.