According to the public record, 127, Caversham Road, Reading is a period freehold house with 1,270 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Caversham Road, Reading, RG1 is located within the RG1 postal district.
127, Caversham Road, Reading has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated July 2023.
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 127 Caversham Road Reading as £403,069 and the rental value as £1,795 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 127 Caversham Road Reading has decreased by £10,231 (2.5%) and its rental value has increased by £55 per month (3.1%).
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 127, Caversham Road, Reading is in very good condition we estimate a sale value of £423,223 and rental value of £1,884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,854 and a rental value of £1,669 per month.
If you were able to purchase this property for the estimated value of £403,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,981 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, 127, Caversham Road, Reading sits on a plot of 145m2.
We have plot size data on 4 out of 10 other houses in the postcode and 127, Caversham Road, Reading sits on the 4th largest plot.
According to HM Land Registry, 127, Caversham Road, Reading was last sold on 06 Jan 2023 for £415,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Caversham Road, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 3, Newport Road, Reading, RG1 8EA, a Freehold house which sold for £380,000 in Sep 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caversham Road, Reading, RG1 has a total of 241 addresses. According to our analysis of all the public data, 127, Caversham Road, Reading is the 25th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in RG1.
127, Caversham Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jul 2023.
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 127, Caversham Road, Reading is Reading station which is 500 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 127, Caversham Road, Reading, 65.3% of property is privately rented and 19.4% 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 127, Caversham Road, Reading, 12.5% of residents are recorded as possessing school level qualifications and 55.3% 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 127, Caversham Road, Reading, the average age was 34 and the most common age was 32.
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 127, Caversham Road, Reading, 1.3% 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 127, Caversham Road, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.