According to the public record, 12, Worsley Place, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 985 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Worsley Place, Theale, Reading, RG7 is located within the RG7 postal district.
12, Worsley Place, Reading has 41 entries in the Land Registry database, most recently in January 2015 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 12 Worsley Place Reading as £479,399 and the rental value as £1,856 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 12 Worsley Place Reading has decreased by £1,769 (0.4%) and its rental value has increased by £107 per month (5.8%).
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, Worsley Place, Reading is in very good condition we estimate a sale value of £503,369 and rental value of £1,949 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,842 and a rental value of £1,726 per month.
If you were able to purchase this property for the estimated value of £479,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,356 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, 12, Worsley Place, Reading was last sold on 30 Jan 2015 for £330,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2015, the market for similar properties has risen 32.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Worsley Place, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 8, Woodfield Way, Reading, RG7 5AB, a Freehold house which sold for £445,000 in Dec 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Worsley Place, Theale, Reading, RG7 has a total of 12 addresses. According to our analysis of all the public data, 12, Worsley Place, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in RG7.
The closest station to 12, Worsley Place, Reading is Theale station which is 600 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 12, Worsley Place, Reading, 37.7% of property is privately owned with a mortgage and 35.3% 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 12, Worsley Place, Reading, 16.5% of residents are recorded as possessing school level qualifications and 39.9% 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, Worsley Place, 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 12, Worsley Place, Reading, 0.4% 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, Worsley Place, 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.