According to the public record, 2, De Montfort Road, Reading is a period freehold house with 957 ft2 of internal area and sits on a 140 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
De Montfort Road, Reading, RG1 is located within the RG1 postal district.
2, De Montfort Road, Reading has 51 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated June 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 De Montfort Road Reading as £446,870 and the rental value as £1,734 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 De Montfort Road Reading has decreased by £8,713 (1.9%) and its rental value has increased by £64 per month (3.7%).
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, De Montfort Road, Reading is in very good condition we estimate a sale value of £469,213 and rental value of £1,821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,589 and a rental value of £1,613 per month.
If you were able to purchase this property for the estimated value of £446,870, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,196 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, De Montfort Road, Reading sits on a plot of 140m2.
We have plot size data on 25 out of 35 other houses in the postcode and 2, De Montfort Road, Reading sits on the 6th largest plot.
According to HM Land Registry, 2, De Montfort Road, Reading was last sold on 04 Nov 2022 for £469,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, De Montfort Road, Reading within a radius of 500 metres over the last 2 years.
The most recent example is 6, De Montfort Road, Reading, RG1 8DL, a Freehold house which sold for £494,000 in Apr 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
De Montfort Road, Reading, RG1 has a total of 82 addresses. According to our analysis of all the public data, 2, De Montfort Road, Reading is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in RG1.
2, De Montfort Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 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, De Montfort Road, Reading is Reading station which is 400 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, De Montfort Road, Reading, 52.9% of property is privately rented and 20.7% 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, De Montfort Road, Reading, 13.3% of residents are recorded as possessing school level qualifications and 74.2% 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, De Montfort Road, Reading, the average age was 34 and the most common age was 32.
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, De Montfort Road, Reading, 0.4% 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, De Montfort Road, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.