According to the public record, 1, The Rise, Reading is a period freehold house with 1,603 ft2 of internal area and sits on a 234 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Rise, Mortimer, Reading, RG7 is located within the RG7 postal district.
1, The Rise, Reading has 21 entries in the Land Registry database, most recently in May 2018 and a single entry in the EPC database dated November 2017.
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 The Rise Reading as £603,767 and the rental value as £2,050 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 The Rise Reading has decreased by £15,740 (2.6%) and its rental value has increased by £60 per month (2.9%).
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, The Rise, Reading is in very good condition we estimate a sale value of £633,956 and rental value of £2,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,504 and a rental value of £1,906 per month.
If you were able to purchase this property for the estimated value of £603,767, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,967 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, The Rise, Reading sits on a plot of 234m2.
According to HM Land Registry, 1, The Rise, Reading was last sold on 17 May 2018 for £535,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2018, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Rise, Reading within a radius of 2.5 kilometres over the last 2 years.
The most recent example is Old Police House, The Street, Reading, RG7 3PB, a Leasehold house which sold for £795,000 in Jan 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Rise, Mortimer, Reading, RG7 has a total of 2 addresses. According to our analysis of all the public data, 1, The Rise, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in RG7.
1, The Rise, Reading has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 23 Nov 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1, The Rise, Reading is Mortimer station which is 800 metres 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, The Rise, Reading, 38.0% of property is privately owned outright and 36.4% 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, The Rise, Reading, 19.4% of residents are recorded as possessing school level qualifications and 57.7% 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, The Rise, Reading, the average age was 42.7 and the most common age was 47.
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, The Rise, Reading, 1.1% 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, The Rise, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.