According to the public record, 2 Birchtree Cottages, Reading is a period freehold house with 894 ft2 of internal area and sits on a 360 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Kings Road, Silchester, Reading, RG7 is located in the borough of Basingstoke and Deane within the RG7 postal district.
2 Birchtree Cottages, Reading has 51 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated February 2010.
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 2 Birchtree Cottages Reading as £475,174 and the rental value as £1,793 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 Birchtree Cottages Reading has decreased by £1,650 (0.3%) and its rental value has increased by £77 per month (4.3%).
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 2 Birchtree Cottages, Reading is in very good condition we estimate a sale value of £498,933 and rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,912 and a rental value of £1,667 per month.
If you were able to purchase this property for the estimated value of £475,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,335 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, 2 Birchtree Cottages, Reading sits on a plot of 360m2.
According to HM Land Registry, 2 Birchtree Cottages, Reading was last sold on 02 Aug 2019 for £392,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Aug 2019, the market for similar properties has risen 18.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Birchtree Cottages, Reading within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 19, Inhams Way, Reading, RG7 2QA, a Freehold house which sold for £470,000 in Dec 2020.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road, Silchester, Reading, RG7 has a total of 19 addresses. According to our analysis of all the public data, 2 Birchtree Cottages, Reading is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in RG7.
2 Birchtree Cottages, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2010.
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 2 Birchtree Cottages, Reading is Bramley (Hampshire) station which is 4.1 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 2 Birchtree Cottages, Reading, 49.6% of property is privately owned with a mortgage and 41.0% is privately owned outright.
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 2 Birchtree Cottages, Reading, 22.4% of residents are recorded as possessing school level qualifications and 44.8% 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 2 Birchtree Cottages, Reading, the average age was 45.3 and the most common age was 57.
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 2 Birchtree Cottages, Reading, 3.1% 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 2 Birchtree Cottages, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.