According to the public record, 15, Erleigh Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 3,702 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Erleigh Road, Reading, RG1 is located within the RG1 postal district.
15, Erleigh Road, Reading has 21 entries in the Land Registry database, most recently in July 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 15 Erleigh Road Reading as £835,132 and the rental value as £3,150 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 15 Erleigh Road Reading has decreased by £21,220 (2.5%) and its rental value has increased by £98 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 15, Erleigh Road, Reading is in very good condition we estimate a sale value of £876,888 and rental value of £3,307 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £776,673 and a rental value of £2,929 per month.
If you were able to purchase this property for the estimated value of £835,132, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,104 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, 15, Erleigh Road, Reading was last sold on 31 Jul 2006 for £688,500 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 property sales within a 430 metres radius of 15, Erleigh Road, Reading over the last 2 years.
The most recent example is Flat 3, 7, Erleigh Road, Reading, RG1 5LR, a Leasehold flat which sold for £275,000 in Mar 2023.
Read more about house prices in RG1.
Erleigh Road, Reading, RG1 has a total of 207 addresses. According to our analysis of all the public data, 15, Erleigh Road, Reading is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £539k more expensive than the average property in RG1.
The closest station to 15, Erleigh Road, Reading is Reading station which is 1.4 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 15, Erleigh Road, Reading, 50.4% of property is privately rented and 20.7% is socially rented.
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 15, Erleigh Road, Reading, 25.5% of residents are recorded as possessing school level qualifications and 51.9% 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 15, Erleigh Road, 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 15, Erleigh Road, Reading, 2.6% 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 15, Erleigh 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.