According to the public record, 2 Spring Cottages, Thatcham is a period house with 570 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Spring Lane, Cold Ash, Thatcham, RG18 is located within the RG18 postal district.
2 Spring Cottages, Thatcham has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 2022.
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 2 Spring Cottages Thatcham as £327,708 and the rental value as £1,337 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Spring Cottages Thatcham has increased by £872 (0.3%) and its rental value has increased by £49 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 2 Spring Cottages, Thatcham is in very good condition we estimate a sale value of £344,093 and rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,768 and a rental value of £1,243 per month.
If you were able to purchase this property for the estimated value of £327,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,611 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, 2 Spring Cottages, Thatcham was last sold on 14 Mar 2001 for £77,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Spring Cottages, Thatcham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 5, Hazels Paddock, Thatcham, RG18 9LD, a Freehold house which sold for £359,450 in Nov 2022.
Read more about house prices in RG18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Cold Ash, Thatcham, RG18 has a total of 22 addresses. According to our analysis of all the public data, 2 Spring Cottages, Thatcham is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in RG18.
2 Spring Cottages, Thatcham has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Dec 2022.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric, Room heaters, dual fuel (mineral and wood).
The closest station to 2 Spring Cottages, Thatcham is Thatcham station which is 3.6 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 Spring Cottages, Thatcham, 44.8% of property is privately owned with a mortgage and 33.7% 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 Spring Cottages, Thatcham, 20.3% of residents are recorded as possessing school level qualifications and 43.9% 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 Spring Cottages, Thatcham, the average age was 40.1 and the most common age was 12.
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 Spring Cottages, Thatcham, 0.6% 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 Spring Cottages, Thatcham, 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.