According to the public record, 18, Wellswood Gardens, Reading is a modern leasehold house with 1,539 ft2 of internal area and sits on a 817 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wellswood Gardens, Reading, RG1 is located within the RG1 postal district.
18, Wellswood Gardens, Reading has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated May 2017.
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 Wellswood Gardens Reading as £649,814 and the rental value as £2,386 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 18 Wellswood Gardens Reading has decreased by £16,633 (2.6%) and its rental value has increased by £73 per month (3.0%).
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, Wellswood Gardens, Reading is in very good condition we estimate a sale value of £682,305 and rental value of £2,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,327 and a rental value of £2,219 per month.
If you were able to purchase this property for the estimated value of £649,814, 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 data from HM Land Registry, 18, Wellswood Gardens, Reading sits on a plot of 817m2.
We have plot size data on 23 out of 24 other houses in the postcode and 18, Wellswood Gardens, Reading sits on the 4th largest plot.
According to HM Land Registry, 18, Wellswood Gardens, Reading was last sold on 30 Jun 2017 for £682,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Wellswood Gardens, Reading within a radius of 420 metres over the last 2 years.
The most recent example is 24, Wellswood Gardens, Reading, RG1 5BF, a Freehold house which sold for £645,000 in Jul 2018.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellswood Gardens, Reading, RG1 has a total of 24 addresses. According to our analysis of all the public data, 18, Wellswood Gardens, Reading is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £354k more expensive than the average property in RG1.
18, Wellswood Gardens, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 18, Wellswood Gardens, Reading is Reading station which is 1.8 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, Wellswood Gardens, Reading, 43.1% of property is privately rented and 22.0% 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 18, Wellswood Gardens, Reading, 23.3% of residents are recorded as possessing school level qualifications and 66.5% 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, Wellswood Gardens, Reading, the average age was 33.9 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 18, Wellswood Gardens, Reading, 0.4% 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, Wellswood Gardens, 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.