According to the public record, 2, Church Terrace, Reading is a period freehold house with 721 ft2 of internal area and sits on a 154 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Church Terrace, Reading, RG1 is located within the RG1 postal district.
2, Church Terrace, Reading has 41 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated May 2022.
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 Church Terrace Reading as £310,520 and the rental value as £1,416 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Church Terrace Reading has decreased by £3,780 (1.2%) and its rental value has increased by £64 per month (4.5%).
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, Church Terrace, Reading is in very good condition we estimate a sale value of £326,046 and rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,784 and a rental value of £1,317 per month.
If you were able to purchase this property for the estimated value of £310,520, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,526 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, Church Terrace, Reading sits on a plot of 154m2.
We have plot size data on 6 out of 8 other houses in the postcode and 2, Church Terrace, Reading sits on the 4th largest plot.
According to HM Land Registry, 2, Church Terrace, Reading was last sold on 18 Nov 2022 for £335,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Church Terrace, Reading within a radius of 400 metres over the last 2 years.
The most recent example is 111, Lower Field Road, Reading, RG1 6AR, a Freehold house which sold for £330,000 in Jan 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Terrace, Reading, RG1 has a total of 8 addresses. According to our analysis of all the public data, 2, Church Terrace, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £14k more expensive than the average property in RG1.
2, Church Terrace, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2022.
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, Church Terrace, Reading is Reading West station which is 1.1 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, Church Terrace, Reading, 33.3% of property is privately rented and 32.5% 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, Church Terrace, Reading, 18.5% of residents are recorded as possessing school level qualifications and 44.5% 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, Church Terrace, Reading, the average age was 33.3 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 2, Church Terrace, Reading, 1.3% 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, Church Terrace, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.