According to the public record, 17, Omers Rise, Reading is a mid-century freehold house with 818 ft2 of internal area and sits on a 224 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Omers Rise, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
17, Omers Rise, Reading has a single entry in the Land Registry database from May 2019 and a single entry in the EPC database dated January 2019.
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 17 Omers Rise Reading as £299,933 and the rental value as £1,405 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 17 Omers Rise Reading has decreased by £1,167 (0.4%) and its rental value has increased by £78 per month (5.5%).
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 17, Omers Rise, Reading is in very good condition we estimate a sale value of £314,930 and rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,938 and a rental value of £1,307 per month.
If you were able to purchase this property for the estimated value of £299,933, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,474 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, 17, Omers Rise, Reading sits on a plot of 224m2.
We have plot size data on 8 out of 30 other houses in the postcode and 17, Omers Rise, Reading sits on the 8th largest plot.
According to HM Land Registry, 17, Omers Rise, Reading was last sold on 28 May 2019 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Omers Rise, Reading within a radius of 870 metres over the last 2 years.
The most recent example is 1, Omers Rise, Reading, RG7 3HH, a Freehold house which sold for £307,500 in Apr 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Omers Rise, Burghfield Common, Reading, RG7 has a total of 102 addresses. According to our analysis of all the public data, 17, Omers Rise, Reading is the 33rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in RG7.
17, Omers Rise, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 17, Omers Rise, Reading is Theale station which is 3.7 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 17, Omers Rise, Reading, 43.3% of property is socially rented and 22.3% 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 17, Omers Rise, Reading, 24.6% of residents are recorded as possessing school level qualifications and 23.4% 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 17, Omers Rise, Reading, the average age was 40.5 and the most common age was 47.
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 17, Omers Rise, 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 17, Omers Rise, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.