According to the public record, 120, Mayfield Drive, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,377 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Mayfield Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
120, Mayfield Drive, Reading has 21 entries in the Land Registry database, most recently in August 2006 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 120 Mayfield Drive Reading as £629,267 and the rental value as £2,186 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 120 Mayfield Drive Reading has decreased by £11,234 (1.8%) and its rental value has increased by £73 per month (3.3%).
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 120, Mayfield Drive, Reading is in very good condition we estimate a sale value of £660,731 and rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,218 and a rental value of £2,033 per month.
If you were able to purchase this property for the estimated value of £629,267, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,093 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, 120, Mayfield Drive, Reading was last sold on 29 Aug 2006 for £217,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Mayfield Drive, Reading within a radius of 640 metres over the last 2 years.
The most recent example is 11, Mayfield Drive, Reading, RG4 5JP, a Freehold house which sold for £438,500 in Feb 2024.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mayfield Drive, Caversham, Reading, RG4 has a total of 146 addresses. According to our analysis of all the public data, 120, Mayfield Drive, Reading is the 17th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in RG4.
The closest station to 120, Mayfield Drive, Reading is Reading station which is 1.9 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 120, Mayfield Drive, Reading, 47.6% of property is privately owned outright and 46.0% 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 120, Mayfield Drive, Reading, 15.6% of residents are recorded as possessing school level qualifications and 42.9% 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 120, Mayfield Drive, Reading, the average age was 41 and the most common age was 42.
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 120, Mayfield Drive, Reading, 0.3% 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 120, Mayfield Drive, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.