According to the public record, 127, Fairford Road, Reading is a mid-century freehold house with 818 ft2 of internal area and sits on a 357 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairford Road, Tilehurst, Reading, RG31 is located within the RG31 postal district.
127, Fairford Road, Reading has 41 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated April 2014.
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 Fairford Road Reading as £379,216 and the rental value as £1,745 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 127 Fairford Road Reading has decreased by £7,471 (2.0%) and its rental value has increased by £73 per month (4.2%).
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, Fairford Road, Reading is in very good condition we estimate a sale value of £398,177 and rental value of £1,832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,671 and a rental value of £1,623 per month.
If you were able to purchase this property for the estimated value of £379,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,864 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, Fairford Road, Reading sits on a plot of 357m2.
We have plot size data on 17 out of 36 other houses in the postcode and 127, Fairford Road, Reading sits on the 15th largest plot.
According to HM Land Registry, 127, Fairford Road, Reading was last sold on 12 Feb 2021 for £360,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2021, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Fairford Road, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 92, Fairford Road, Reading, RG31 6QP, a Freehold house which sold for £370,000 in Jun 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairford Road, Tilehurst, Reading, RG31 has a total of 178 addresses. According to our analysis of all the public data, 127, Fairford Road, Reading is the 144th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in RG31.
127, Fairford Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2014.
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, Fairford Road, Reading is Tilehurst station which is 1.3 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 127, Fairford Road, Reading, 52.0% of property is privately owned outright and 39.8% 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 127, Fairford Road, Reading, 17.3% of residents are recorded as possessing school level qualifications and 22.6% 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, Fairford Road, Reading, the average age was 43.5 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 127, Fairford Road, Reading, 1.0% 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 127, Fairford Road, 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.