According to the public record, 10, Laurel Drive, Reading is a mid-century freehold house with 1,625 ft2 of internal area and sits on a 550 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Laurel Drive, Tilehurst, Reading, RG31 is located within the RG31 postal district.
10, Laurel Drive, Reading has a single entry in the Land Registry database from June 2024 and a single entry in the EPC database dated September 2023.
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 10 Laurel Drive Reading as £612,198 and the rental value as £2,572 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 10 Laurel Drive Reading has decreased by £20,844 (3.4%) and its rental value has increased by £69 per month (2.7%).
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 10, Laurel Drive, Reading is in very good condition we estimate a sale value of £642,808 and rental value of £2,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £569,344 and a rental value of £2,392 per month.
If you were able to purchase this property for the estimated value of £612,198, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,009 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, 10, Laurel Drive, Reading sits on a plot of 550m2.
We have plot size data on 12 out of 23 other houses in the postcode and 10, Laurel Drive, Reading sits on the 2nd largest plot.
According to HM Land Registry, 10, Laurel Drive, Reading was last sold on 07 Jun 2024 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2024, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Laurel Drive, Reading within a radius of 580 metres over the last 2 years.
The most recent example is 20, Ashbury Drive, Reading, RG31 5LJ, a Freehold house which sold for £530,000 in Oct 2022.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laurel Drive, Tilehurst, Reading, RG31 has a total of 23 addresses. According to our analysis of all the public data, 10, Laurel Drive, Reading is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £181k more expensive than the average property in RG31.
10, Laurel Drive, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 10, Laurel Drive, Reading is Tilehurst station which is 2.0 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 10, Laurel Drive, Reading, 56.0% of property is privately owned outright and 38.0% 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 10, Laurel Drive, Reading, 17.7% of residents are recorded as possessing school level qualifications and 21.2% 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 10, Laurel Drive, 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 10, Laurel Drive, Reading, 0.4% 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 10, Laurel Drive, 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.