According to the public record, 16, Ormsby Street, Reading is a period freehold house with 796 ft2 of internal area and sits on a 106 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ormsby Street, Reading, RG1 is located within the RG1 postal district.
16, Ormsby Street, Reading has 51 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated March 2013.
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 Ormsby Street Reading as £308,483 and the rental value as £1,506 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 16 Ormsby Street Reading has decreased by £3,961 (1.3%) and its rental value has increased by £67 per month (4.4%).
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, Ormsby Street, Reading is in very good condition we estimate a sale value of £323,907 and rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,889 and a rental value of £1,401 per month.
If you were able to purchase this property for the estimated value of £308,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,516 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, Ormsby Street, Reading sits on a plot of 106m2.
We have plot size data on 18 out of 26 other houses in the postcode and 16, Ormsby Street, Reading sits on the 12th largest plot.
According to HM Land Registry, 16, Ormsby Street, Reading was last sold on 04 Apr 2019 for £302,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Apr 2019, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Ormsby Street, Reading within a radius of 340 metres over the last 2 years.
The most recent example is 55, Mason Street, Reading, RG1 7PD, a Freehold house which sold for £295,000 in Dec 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormsby Street, Reading, RG1 has a total of 33 addresses. According to our analysis of all the public data, 16, Ormsby Street, Reading is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in RG1.
16, Ormsby Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Mar 2013.
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, Ormsby Street, Reading is Reading West station which is 100 metres 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, Ormsby Street, Reading, 63.0% of property is privately rented and 15.8% 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, Ormsby Street, Reading, 7.1% of residents are recorded as possessing school level qualifications and 38.1% 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, Ormsby Street, Reading, the average age was 34 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, Ormsby Street, Reading, 1.0% 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, Ormsby Street, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.