According to the public record, 2, Chapel Road, Reading is a period house with 1,618 ft2 of internal area and sits on a 520 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chapel Road, Mortimer West End, Reading, RG7 is located in the borough of Basingstoke and Deane within the RG7 postal district.
2, Chapel Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated July 2011.
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 Chapel Road Reading as £647,641 and the rental value as £2,138 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Chapel Road Reading has decreased by £16,105 (2.5%) and its rental value has increased by £44 per month (2.1%).
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, Chapel Road, Reading is in very good condition we estimate a sale value of £680,024 and rental value of £2,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £602,307 and a rental value of £1,988 per month.
If you were able to purchase this property for the estimated value of £647,641, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,183 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, Chapel Road, Reading sits on a plot of 520m2.
We have plot size data on 2 out of 4 other houses in the postcode and 2, Chapel Road, Reading sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chapel Road, Reading within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 1 Jubilee Cottages, Church Road, Reading, RG7 2JA, a Freehold house which sold for £560,000 in Apr 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Road, Mortimer West End, Reading, RG7 has a total of 5 addresses. According to our analysis of all the public data, 2, Chapel Road, Reading is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in RG7.
2, Chapel Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2, Chapel Road, Reading is Mortimer station which is 3.9 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, Chapel Road, Reading, 37.3% of property is privately rented and 30.4% 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, Chapel Road, Reading, 19.5% of residents are recorded as possessing school level qualifications and 43.5% 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 2, Chapel Road, 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, Chapel Road, Reading, 5.3% 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 2, Chapel Road, 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.