According to the public record, 10, Merrifield Close, Reading is a modern freehold house with 1,259 ft2 of internal area and sits on a 291 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Merrifield Close, Lower Earley, Reading, RG6 is located within the RG6 postal district.
10, Merrifield Close, Reading has 41 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated February 2019.
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 Merrifield Close Reading as £554,434 and the rental value as £2,124 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 10 Merrifield Close Reading has decreased by £13,663 (2.5%) and its rental value has increased by £49 per month (2.3%).
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, Merrifield Close, Reading is in very good condition we estimate a sale value of £582,155 and rental value of £2,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,623 and a rental value of £1,975 per month.
If you were able to purchase this property for the estimated value of £554,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,725 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, Merrifield Close, Reading sits on a plot of 291m2.
We have plot size data on 13 out of 25 other houses in the postcode and 10, Merrifield Close, Reading sits on the 8th largest plot.
According to HM Land Registry, 10, Merrifield Close, Reading was last sold on 03 May 2019 for £500,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2019, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Merrifield Close, Reading within a radius of 610 metres over the last 2 years.
The most recent example is 18, Finstock Close, Reading, RG6 4JX, a Freehold house which sold for £545,500 in Jun 2023.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrifield Close, Lower Earley, Reading, RG6 has a total of 25 addresses. According to our analysis of all the public data, 10, Merrifield Close, Reading is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in RG6.
10, Merrifield Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2019.
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 10, Merrifield Close, Reading is Earley station which is 1.9 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, Merrifield Close, Reading, 44.4% of property is privately owned with a mortgage and 41.7% is privately owned outright.
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, Merrifield Close, Reading, 21.5% of residents are recorded as possessing school level qualifications and 43.4% 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, Merrifield Close, Reading, the average age was 38 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 10, Merrifield Close, Reading, 0.0% 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, Merrifield Close, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.