According to the public record, 18, Grazeley Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,646 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Grazeley Road, Three Mile Cross, Reading, RG7 is located within the RG7 postal district.
18, Grazeley Road, Reading has 31 entries in the Land Registry database, most recently in April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Grazeley Road Reading as £649,802 and the rental value as £2,192 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 18 Grazeley Road Reading has decreased by £13,627 (2.1%) and its rental value has increased by £78 per month (3.6%).
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 18, Grazeley Road, Reading is in very good condition we estimate a sale value of £682,292 and rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,316 and a rental value of £2,038 per month.
If you were able to purchase this property for the estimated value of £649,802, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,194 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 HM Land Registry, 18, Grazeley Road, Reading was last sold on 01 Apr 2008 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2008, the market for similar properties has risen 69.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Grazeley Road, Reading within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 10, Tabby Drive, Reading, RG7 1WP, a Freehold house which sold for £676,000 in Apr 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grazeley Road, Three Mile Cross, Reading, RG7 has a total of 75 addresses. According to our analysis of all the public data, 18, Grazeley Road, Reading is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in RG7.
The closest station to 18, Grazeley Road, Reading is Reading Green Park station which is 3.0 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 18, Grazeley Road, Reading, 43.5% of property is privately owned outright and 42.4% 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 18, Grazeley Road, Reading, 20.3% of residents are recorded as possessing school level qualifications and 41.6% 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 18, Grazeley Road, Reading, the average age was 37.6 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 18, Grazeley Road, Reading, 1.8% 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 18, Grazeley Road, 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.