According to the public record, 12, Reading Road, Reading is a early-century freehold house with 1,915 ft2 of internal area and sits on a 451 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Reading Road, Woodley, Reading, RG5 is located within the RG5 postal district.
12, Reading Road, Reading has a single entry in the Land Registry database from August 2017 and a single entry in the EPC database dated November 2016.
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 12 Reading Road Reading as £766,947 and the rental value as £2,326 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 12 Reading Road Reading has decreased by £14,428 (1.9%) and its rental value has increased by £54 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 12, Reading Road, Reading is in very good condition we estimate a sale value of £805,294 and rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £713,260 and a rental value of £2,163 per month.
If you were able to purchase this property for the estimated value of £766,947, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,769 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, 12, Reading Road, Reading sits on a plot of 451m2.
We have plot size data on 20 out of 33 other houses in the postcode and 12, Reading Road, Reading sits on the 15th largest plot.
According to HM Land Registry, 12, Reading Road, Reading was last sold on 09 Aug 2017 for £585,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2017, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Reading Road, Reading within a radius of 600 metres over the last 2 years.
The most recent example is 72, Reading Road, Reading, RG5 3DB, a Freehold house which sold for £744,000 in Jun 2020.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, Woodley, Reading, RG5 has a total of 133 addresses. According to our analysis of all the public data, 12, Reading Road, Reading is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £323k more expensive than the average property in RG5.
12, Reading Road, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Nov 2016.
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 12, Reading Road, Reading is Earley station which is 1.7 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 12, Reading Road, Reading, 54.2% of property is privately owned outright and 27.5% 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 12, Reading Road, Reading, 23.1% of residents are recorded as possessing school level qualifications and 37.4% 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 12, Reading Road, Reading, the average age was 44.2 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 12, Reading Road, Reading, 0.7% 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 12, Reading Road, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.