According to the public record, 16, Gainsborough Close, Reading is a mid-century freehold house with 839 ft2 of internal area and sits on a 184 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gainsborough Close, Woodley, Reading, RG5 is located within the RG5 postal district.
16, Gainsborough Close, Reading has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated November 2015.
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 Gainsborough Close Reading as £432,414 and the rental value as £1,580 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Gainsborough Close Reading has decreased by £4,082 (0.9%) and its rental value has increased by £52 per month (3.3%).
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, Gainsborough Close, Reading is in very good condition we estimate a sale value of £454,035 and rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,145 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £432,414, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,125 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, Gainsborough Close, Reading sits on a plot of 184m2.
We have plot size data on 9 out of 19 other houses in the postcode and 16, Gainsborough Close, Reading sits on the 9th largest plot.
According to HM Land Registry, 16, Gainsborough Close, Reading was last sold on 17 Oct 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 63.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Gainsborough Close, Reading within a radius of 630 metres over the last 2 years.
The most recent example is 19, Stonehaven Drive, Reading, RG5 4DE, a Freehold house which sold for £396,000 in Feb 2024.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Close, Woodley, Reading, RG5 has a total of 19 addresses. According to our analysis of all the public data, 16, Gainsborough Close, Reading is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in RG5.
16, Gainsborough Close, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Nov 2015.
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 16, Gainsborough Close, Reading is Winnersh Triangle station which is 1.5 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, Gainsborough Close, Reading, 44.4% of property is privately owned with a mortgage and 37.8% 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, Gainsborough Close, Reading, 13.5% of residents are recorded as possessing school level qualifications and 37.1% 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, Gainsborough Close, Reading, the average age was 38 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 16, Gainsborough Close, Reading, 0.0% 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 16, Gainsborough Close, 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.