According to the public record, 15, Southcote Farm Lane, Reading is a early-century freehold house with 957 ft2 of internal area and sits on a 431 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Southcote Farm Lane, Reading, RG30 is located within the RG30 postal district.
15, Southcote Farm Lane, Reading has 21 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated January 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 15 Southcote Farm Lane Reading as £484,035 and the rental value as £1,864 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 15 Southcote Farm Lane Reading has decreased by £7,203 (1.5%) and its rental value has increased by £79 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 15, Southcote Farm Lane, Reading is in very good condition we estimate a sale value of £508,236 and rental value of £1,957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,152 and a rental value of £1,734 per month.
If you were able to purchase this property for the estimated value of £484,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,379 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, 15, Southcote Farm Lane, Reading sits on a plot of 431m2.
We have plot size data on 6 out of 7 other houses in the postcode and 15, Southcote Farm Lane, Reading sits on the 4th largest plot.
According to HM Land Registry, 15, Southcote Farm Lane, Reading was last sold on 19 Sep 2023 for £505,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Southcote Farm Lane, Reading within a radius of 630 metres over the last 2 years.
The most recent example is 110, Kenilworth Avenue, Reading, RG30 3DW, a Freehold house which sold for £411,000 in Feb 2021.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southcote Farm Lane, Reading, RG30 has a total of 43 addresses. According to our analysis of all the public data, 15, Southcote Farm Lane, Reading is the 28th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in RG30.
15, Southcote Farm Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 15, Southcote Farm Lane, Reading is Reading West station which is 1.6 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, Southcote Farm Lane, Reading, 52.1% of property is privately owned outright and 41.3% 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 15, Southcote Farm Lane, Reading, 18.0% of residents are recorded as possessing school level qualifications and 45.9% 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, Southcote Farm Lane, Reading, the average age was 39.5 and the most common age was 37.
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, Southcote Farm Lane, Reading, 0.6% 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, Southcote Farm Lane, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.