According to the public record, 1 Fern Cottages, Reading is a mid-century freehold house with 1,334 ft2 of internal area and sits on a 2,003 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reading Road, Padworth Common, Reading, RG7 is located within the RG7 postal district.
1 Fern Cottages, Reading has a single entry in the Land Registry database from February 2013 and a single entry in the EPC database dated January 2015.
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 Fern Cottages Reading as £666,584 and the rental value as £2,079 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 1 Fern Cottages Reading has decreased by £15,484 (2.3%) and its rental value has increased by £42 per month (2.0%).
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 Fern Cottages, Reading is in very good condition we estimate a sale value of £699,913 and rental value of £2,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £619,923 and a rental value of £1,933 per month.
If you were able to purchase this property for the estimated value of £666,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,276 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 Fern Cottages, Reading sits on a plot of 2003m2.
According to HM Land Registry, 1 Fern Cottages, Reading was last sold on 08 Feb 2013 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 55.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Fern Cottages, Reading within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 3, Impstone Road, Tadley, RG26 3EG, a Freehold house which sold for £530,000 in Mar 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, Padworth Common, Reading, RG7 has a total of 38 addresses. According to our analysis of all the public data, 1 Fern Cottages, Reading is the 24th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in RG7.
1 Fern Cottages, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jan 2015.
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 Fern Cottages, Reading is Aldermaston station which is 3.4 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 Fern Cottages, Reading, 51.0% of property is privately owned outright and 38.1% 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 Fern Cottages, Reading, 14.5% of residents are recorded as possessing school level qualifications and 39.1% 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 Fern Cottages, Reading, the average age was 42 and the most common age was 17.
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 Fern 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 Fern 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.