According to the public record, 16, Reed Gardens, Reading is a modern freehold house with 2,045 ft2 of internal area and sits on a 381 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Reed Gardens, Woolhampton, Reading, RG7 is located within the RG7 postal district.
16, Reed Gardens, Reading has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated April 2022.
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 good condition, we estimate the current sale value for 16 Reed Gardens Reading as £695,085 and the rental value as £2,386 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 16 Reed Gardens Reading has decreased by £16,388 (2.4%) and its rental value has increased by £30 per month (1.3%).
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, Reed Gardens, Reading is in very good condition we estimate a sale value of £729,840 and rental value of £2,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £646,429 and a rental value of £2,219 per month.
If you were able to purchase this property for the estimated value of £695,085, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,416 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, Reed Gardens, Reading sits on a plot of 381m2.
We have plot size data on 30 out of 30 other houses in the postcode and 16, Reed Gardens, Reading sits on the 9th largest plot.
According to HM Land Registry, 16, Reed Gardens, Reading was last sold on 14 Apr 2022 for £742,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Reed Gardens, Reading within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 17, Reed Gardens, Reading, RG7 5FT, a Freehold house which sold for £730,000 in Mar 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Gardens, Woolhampton, Reading, RG7 has a total of 35 addresses. According to our analysis of all the public data, 16, Reed Gardens, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in RG7.
16, Reed Gardens, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using an LPG fired boiler and radiators.
The closest station to 16, Reed Gardens, Reading is Midgham station which is 300 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, Reed Gardens, Reading, 41.0% of property is privately owned outright and 29.5% 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, Reed Gardens, Reading, 21.8% of residents are recorded as possessing school level qualifications and 45.8% 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, Reed Gardens, Reading, the average age was 42 and the most common age was 17.
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, Reed Gardens, Reading, 2.7% 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, Reed Gardens, 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.