According to the public record, 2, Harness Close, Reading is a mid-century freehold house and with 904 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Harness Close, Reading, RG2 is located within the RG2 postal district.
2, Harness Close, Reading has a single entry in the Land Registry database from July 2010 and 2 entries in the EPC database, most recently in August 2019.
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 Harness Close Reading as £431,337 and the rental value as £1,761 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2 Harness Close Reading has decreased by £1,251 (0.3%) and its rental value has increased by £97 per month (5.5%).
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, Harness Close, Reading is in very good condition we estimate a sale value of £452,904 and rental value of £1,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,143 and a rental value of £1,638 per month.
If you were able to purchase this property for the estimated value of £431,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,120 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, Harness Close, Reading sits on a plot of 150m2.
We have plot size data on 7 out of 15 other houses in the postcode and 2, Harness Close, Reading sits on the 7th largest plot.
According to HM Land Registry, 2, Harness Close, Reading was last sold on 16 Jul 2010 for £172,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2010, the market for similar properties has risen 69.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Harness Close, Reading within a radius of 502m over the last 2 years.
The most recent example is 11, Falmouth Road, Reading, RG2 8QR, a Freehold house which sold for £422,000 in Apr 2022.
Read more about house prices in RG2.
Harness Close, Reading, RG2 has a total of 15 addresses. According to our analysis of all the public data, 2, Harness Close, Reading is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in RG2.
2, Harness Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2019.
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, Harness Close, Reading is Reading Green Park station which is 2.7 km 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, Harness Close, Reading, 58.2% of property is socially rented and 22.1% 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, Harness Close, Reading, 28.1% of residents are recorded as possessing school level qualifications and 17.9% 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, Harness Close, Reading, the average age was 37.7 and the most common age was 37.
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, Harness Close, Reading, 1.1% 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, Harness Close, 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.