According to the public record, 10, The Orchard, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 667 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
The Orchard, Theale, Reading, RG7 is located within the RG7 postal district.
10, The Orchard, Reading has a single entry in the Land Registry database from September 2014 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 10 The Orchard Reading as £267,750 and the rental value as £1,273 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 10 The Orchard Reading has decreased by £750 (0.3%) and its rental value has increased by £75 per month (5.9%).
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 10, The Orchard, Reading is in very good condition we estimate a sale value of £281,137 and rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,007 and a rental value of £1,184 per month.
If you were able to purchase this property for the estimated value of £267,750, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,316 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, 10, The Orchard, Reading was last sold on 30 Sep 2014 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2014, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, The Orchard, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 30, High Street, Reading, RG7 5AN, a Freehold house which sold for £280,000 in Feb 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Orchard, Theale, Reading, RG7 has a total of 12 addresses. According to our analysis of all the public data, 10, The Orchard, Reading is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in RG7.
The closest station to 10, The Orchard, Reading is Theale station which is 700 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 10, The Orchard, Reading, 34.7% of property is privately owned with a mortgage and 29.8% is socially rented.
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, The Orchard, Reading, 17.7% of residents are recorded as possessing school level qualifications and 29.2% 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, The Orchard, 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 10, The Orchard, 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, The Orchard, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.