According to the public record, 18, Pennypiece, Reading is a mid-century freehold house and with 914 ft2 of internal area and sits on a 325 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pennypiece, Goring, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
18, Pennypiece, Reading has 41 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated February 2015.
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 18 Pennypiece Reading as £535,057 and the rental value as £1,998 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 18 Pennypiece Reading has increased by £2,414 (0.5%) and its rental value has increased by £120 per month (6.0%).
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, Pennypiece, Reading is in very good condition we estimate a sale value of £561,810 and rental value of £2,098 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,603 and a rental value of £1,858 per month.
If you were able to purchase this property for the estimated value of £535,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,630 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, 18, Pennypiece, Reading sits on a plot of 325m2.
We have plot size data on 8 out of 22 other houses in the postcode and 18, Pennypiece, Reading sits on the 7th largest plot.
According to HM Land Registry, 18, Pennypiece, Reading was last sold on 09 Dec 2022 for £500,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Pennypiece, Reading within a radius of 292m over the last 2 years.
The most recent example is 14, Millers Close, Reading, RG8 9BS, a Freehold house which sold for £526,540 in Sep 2022.
Read more about house prices in RG8.
Pennypiece, Goring, Reading, RG8 has a total of 22 addresses. According to our analysis of all the public data, 18, Pennypiece, Reading is the 16th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in RG8.
18, Pennypiece, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2015.
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 18, Pennypiece, Reading is Goring & Streatley station which is 800 m 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, Pennypiece, Reading, 48.8% of property is privately owned outright and 22.4% 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, Pennypiece, Reading, 15.5% of residents are recorded as possessing school level qualifications and 58.4% 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 18, Pennypiece, Reading, the average age was 39.1 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, Pennypiece, 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, Pennypiece, 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.