According to the public record, 1, Padworth Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,347 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Padworth Road, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
1, Padworth Road, Reading has 21 entries in the Land Registry database, most recently in October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Padworth Road Reading as £449,113 and the rental value as £1,865 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 Padworth Road Reading has decreased by £10,501 (2.3%) and its rental value has increased by £65 per month (3.5%).
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, Padworth Road, Reading is in very good condition we estimate a sale value of £471,568 and rental value of £1,959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,675 and a rental value of £1,735 per month.
If you were able to purchase this property for the estimated value of £449,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,207 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 HM Land Registry, 1, Padworth Road, Reading was last sold on 19 Oct 2007 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2007, the market for similar properties has risen 51.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Padworth Road, Reading within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 19, Three Firs Way, Reading, RG7 3QH, a Freehold house which sold for £415,000 in Mar 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Padworth Road, Burghfield Common, Reading, RG7 has a total of 8 addresses. According to our analysis of all the public data, 1, Padworth Road, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in RG7.
The closest station to 1, Padworth Road, 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, Padworth Road, 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, Padworth Road, 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, Padworth Road, 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, Padworth Road, 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, Padworth Road, 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.