According to the public record, 16, Princes Street, Reading is a period freehold house with 678 ft2 of internal area and sits on a 72.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Princes Street, Reading, RG1 is located within the RG1 postal district.
16, Princes Street, Reading has 51 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated July 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 16 Princes Street Reading as £304,354 and the rental value as £1,339 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 16 Princes Street Reading has decreased by £2,628 (0.9%) and its rental value has increased by £65 per month (4.9%).
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, Princes Street, Reading is in very good condition we estimate a sale value of £319,572 and rental value of £1,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,049 and a rental value of £1,245 per month.
If you were able to purchase this property for the estimated value of £304,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,496 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, Princes Street, Reading sits on a plot of 73m2.
We have plot size data on 26 out of 40 other houses in the postcode and 16, Princes Street, Reading sits on the 18th largest plot.
According to HM Land Registry, 16, Princes Street, Reading was last sold on 06 Oct 2023 for £350,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Oct 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Princes Street, Reading within a radius of 360 metres over the last 2 years.
The most recent example is 14, Princes Street, Reading, RG1 4EG, a Freehold house which sold for £346,000 in Nov 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princes Street, Reading, RG1 has a total of 50 addresses. According to our analysis of all the public data, 16, Princes Street, Reading is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in RG1.
16, Princes Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 16, Princes Street, Reading is Reading station which is 1.1 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, Princes Street, Reading, 48.8% of property is privately rented and 24.0% 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 16, Princes Street, Reading, 10.4% of residents are recorded as possessing school level qualifications and 65.1% 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, Princes Street, Reading, the average age was 33.3 and the most common age was 22.
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, Princes Street, Reading, 0.8% 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, Princes Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.