According to the public record, 12, Sailcloth Close, Reading is a modern freehold house with 865 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sailcloth Close, Reading, RG1 is located within the RG1 postal district.
12, Sailcloth Close, Reading has 3 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated July 2010.
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 Sailcloth Close Reading as £369,333 and the rental value as £1,543 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 12 Sailcloth Close Reading has decreased by £4,794 (1.3%) and its rental value has increased by £68 per month (4.4%).
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, Sailcloth Close, Reading is in very good condition we estimate a sale value of £387,799 and rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,479 and a rental value of £1,435 per month.
If you were able to purchase this property for the estimated value of £369,333, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,815 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, Sailcloth Close, Reading sits on a plot of 136m2.
We have plot size data on 14 out of 14 other houses in the postcode and 12, Sailcloth Close, Reading sits on the 14th largest plot.
According to HM Land Registry, 12, Sailcloth Close, Reading was last sold on 25 Sep 2019 for £390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2019, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Sailcloth Close, Reading within a radius of 350 metres over the last 2 years.
The most recent example is 2, Sailcloth Close, Reading, RG1 2BG, a Freehold house which sold for £450,000 in Mar 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sailcloth Close, Reading, RG1 has a total of 14 addresses. According to our analysis of all the public data, 12, Sailcloth Close, Reading is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £73k more expensive than the average property in RG1.
12, Sailcloth Close, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jul 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Sailcloth Close, Reading is Reading station which is 1.2 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 12, Sailcloth Close, Reading, 57.3% of property is privately rented and 27.3% 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, Sailcloth Close, Reading, 14.4% of residents are recorded as possessing school level qualifications and 48.7% 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, Sailcloth Close, Reading, the average age was 33.9 and the most common age was 22.
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, Sailcloth 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 12, Sailcloth Close, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.