According to the public record, 181, Elgar Road, Reading is a period house with 850 ft2 of internal area and sits on a 92.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elgar Road, Reading, RG2 is located within the RG2 postal district.
181, Elgar Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated May 2019.
We combine this information with public data 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 181 Elgar Road Reading as £301,820 and the rental value as £1,497 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 181 Elgar Road Reading has decreased by £78 (0.0%) and its rental value has increased by £86 per month (5.8%).
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 181, Elgar Road, Reading is in very good condition we estimate a sale value of £316,911 and rental value of £1,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £280,692 and a rental value of £1,392 per month.
If you were able to purchase this property for the estimated value of £301,820, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,483 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, 181, Elgar Road, Reading sits on a plot of 92m2.
We have plot size data on 38 out of 51 other houses in the postcode and 181, Elgar Road, Reading sits on the 39th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 181, Elgar Road, Reading within a radius of 450 metres over the last 2 years.
The most recent example is 169, Elgar Road, Reading, RG2 0DH, a Freehold house which sold for £260,000 in Jun 2023.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgar Road, Reading, RG2 has a total of 201 addresses. According to our analysis of all the public data, 181, Elgar Road, Reading is the 105th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in RG2.
181, Elgar Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2019.
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 181, Elgar Road, Reading is Reading station which is 1.4 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 181, Elgar Road, Reading, 45.5% of property is privately rented and 29.3% 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 181, Elgar Road, Reading, 16.8% of residents are recorded as possessing school level qualifications and 47.8% 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 181, Elgar Road, 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 181, Elgar Road, Reading, 0.3% 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 181, Elgar Road, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.