According to the public record, 1, Pettit Place, Reading is a modern house with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pettit Place, Shinfield, Reading, RG2 is located within the RG2 postal district.
1, Pettit Place, Reading has no records in the Land Registry database and a single entry in the EPC database dated October 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Pettit Place Reading as £491,136 and the rental value as £1,887 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 1 Pettit Place Reading has decreased by £11,347 (2.3%) and its rental value has increased by £58 per month (3.1%).
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, Pettit Place, Reading is in very good condition we estimate a sale value of £515,693 and rental value of £1,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,757 and a rental value of £1,755 per month.
If you were able to purchase this property for the estimated value of £491,136, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,414 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Pettit Place, Reading within a radius of 61m over the last 2 years.
The most recent example is 34, Shepherd Road, Reading, RG2 9SR, a Freehold house which sold for £462,500 in Aug 2022.
Read more about house prices in RG2.
Pettit Place, Shinfield, Reading, RG2 has a total of 23 addresses. According to our analysis of all the public data, 1, Pettit Place, Reading is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in RG2.
1, Pettit Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Pettit Place, Reading is Earley station which is 3.8 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, Pettit Place, Reading, 43.5% of property is privately owned outright and 42.4% 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, Pettit Place, Reading, 20.3% of residents are recorded as possessing school level qualifications and 41.6% 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, Pettit Place, Reading, the average age was 37.1 and the most common age was 42.
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, Pettit Place, Reading, 1.8% 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, Pettit Place, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.