According to the public record, 16, Mead Close, Reading is a modern house with 807 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mead Close, Caversham, Reading, RG4 is located within the RG4 postal district.
16, Mead Close, Reading has no records in the Land Registry database and a single entry in the EPC database dated June 2014.
We combine this information with public data 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 Mead Close Reading as £359,794 and the rental value as £1,554 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 16 Mead Close Reading has increased by £4,032 (1.1%) and its rental value has increased by £103 per month (6.7%).
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, Mead Close, Reading is in very good condition we estimate a sale value of £377,783 and rental value of £1,632 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,608 and a rental value of £1,446 per month.
If you were able to purchase this property for the estimated value of £359,794, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,768 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Mead Close, Reading within a radius of 147m over the last 2 years.
The most recent example is 4, Dickens Close, Reading, RG4 5LZ, a Freehold house which sold for £365,000 in May 2024.
Read more about house prices in RG4.
Mead Close, Caversham, Reading, RG4 has a total of 53 addresses. According to our analysis of all the public data, 16, Mead Close, Reading is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in RG4.
16, Mead Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 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 16, Mead Close, Reading is Reading station which is 1.4 km 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, Mead Close, Reading, 32.0% of property is socially rented and 30.1% is privately 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 16, Mead Close, Reading, 28.1% of residents are recorded as possessing school level qualifications and 40.1% 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, Mead Close, Reading, the average age was 36.8 and the most common age was 32.
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, Mead Close, Reading, 1.4% 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, Mead Close, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.