According to the public record, 2, Bourne Road, Reading is a mid-century freehold house with 1,915 ft2 of internal area and sits on a 273 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bourne Road, Pangbourne, Reading, RG8 is located within the RG8 postal district.
2, Bourne Road, Reading has 41 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated July 2009.
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 Bourne Road Reading as £554,301 and the rental value as £2,208 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Bourne Road Reading has decreased by £5,123 (0.9%) and its rental value has increased by £100 per month (4.6%).
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, Bourne Road, Reading is in very good condition we estimate a sale value of £582,016 and rental value of £2,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £515,500 and a rental value of £2,053 per month.
If you were able to purchase this property for the estimated value of £554,301, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,724 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, Bourne Road, Reading sits on a plot of 273m2.
We have plot size data on 12 out of 44 other houses in the postcode and 2, Bourne Road, Reading sits on the 9th largest plot.
According to HM Land Registry, 2, Bourne Road, Reading was last sold on 19 Nov 2009 for £302,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2009, the market for similar properties has risen 60.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bourne Road, Reading within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 31, Bourne Road, Reading, RG8 7JT, a Freehold house which sold for £560,000 in Sep 2023.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourne Road, Pangbourne, Reading, RG8 has a total of 137 addresses. According to our analysis of all the public data, 2, Bourne Road, Reading is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in RG8.
2, Bourne Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2009.
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, Bourne Road, Reading is Pangbourne station which is 900 metres 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, Bourne Road, Reading, 35.3% of property is privately owned outright and 27.5% 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 2, Bourne Road, Reading, 24.9% of residents are recorded as possessing school level qualifications and 33.1% 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, Bourne Road, Reading, the average age was 43.7 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, Bourne Road, Reading, 0.0% 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, Bourne Road, 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.