According to the public record, 11, Ilchester Mews, Reading is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ilchester Mews, Caversham, Reading, RG4 is located within the RG4 postal district.
11, Ilchester Mews, Reading has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated December 2020.
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 11 Ilchester Mews Reading as £400,553 and the rental value as £1,715 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 11 Ilchester Mews Reading has increased by £3,385 (0.8%) and its rental value has increased by £107 per month (6.2%).
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 11, Ilchester Mews, Reading is in very good condition we estimate a sale value of £420,581 and rental value of £1,800 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,514 and a rental value of £1,595 per month.
If you were able to purchase this property for the estimated value of £400,553, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,969 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, 11, Ilchester Mews, Reading sits on a plot of 168m2.
We have plot size data on 8 out of 14 other houses in the postcode and 11, Ilchester Mews, Reading sits on the 8th largest plot.
According to HM Land Registry, 11, Ilchester Mews, Reading was last sold on 31 Mar 2021 for £367,450 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Ilchester Mews, Reading within a radius of 980 metres over the last 2 years.
The most recent example is 35, Kingsway, Reading, RG4 6RA, a Freehold house which sold for £393,000 in Sep 2022.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ilchester Mews, Caversham, Reading, RG4 has a total of 14 addresses. According to our analysis of all the public data, 11, Ilchester Mews, Reading is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in RG4.
11, Ilchester Mews, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2020.
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 11, Ilchester Mews, Reading is Reading station which is 3.2 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 11, Ilchester Mews, Reading, 47.8% of property is privately owned with a mortgage and 40.0% 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 11, Ilchester Mews, Reading, 21.2% of residents are recorded as possessing school level qualifications and 35.5% 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 11, Ilchester Mews, Reading, the average age was 42.9 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 11, Ilchester Mews, Reading, 1.7% 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 11, Ilchester Mews, 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.