According to the public record, 16, Bannister Road, Reading is a mid-century freehold house with 904 ft2 of internal area and sits on a 768 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bannister Road, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
16, Bannister Road, Reading has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated March 2016.
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 16 Bannister Road Reading as £389,820 and the rental value as £1,646 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 16 Bannister Road Reading has decreased by £1,374 (0.4%) and its rental value has increased by £92 per month (5.6%).
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 16, Bannister Road, Reading is in very good condition we estimate a sale value of £409,311 and rental value of £1,729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,533 and a rental value of £1,531 per month.
If you were able to purchase this property for the estimated value of £389,820, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,916 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, 16, Bannister Road, Reading sits on a plot of 768m2.
We have plot size data on 11 out of 17 other houses in the postcode and 16, Bannister Road, Reading sits on the 3rd largest plot.
According to HM Land Registry, 16, Bannister Road, Reading was last sold on 03 Jun 2016 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Bannister Road, Reading within a radius of 990 metres over the last 2 years.
The most recent example is 88, Hollybush Lane, Reading, RG7 3JS, a Freehold house which sold for £380,000 in Jan 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bannister Road, Burghfield Common, Reading, RG7 has a total of 17 addresses. According to our analysis of all the public data, 16, Bannister Road, Reading is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in RG7.
16, Bannister Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 16, Bannister Road, Reading is Mortimer station which is 3.9 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 16, Bannister Road, Reading, 44.3% of property is privately owned with a mortgage and 35.7% 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 16, Bannister Road, Reading, 21.2% of residents are recorded as possessing school level qualifications and 37.4% 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 16, Bannister Road, Reading, the average age was 41.2 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 16, Bannister Road, Reading, 1.1% 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 16, Bannister Road, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.