According to the public record, 2, Larch Close, Newbury is a modern freehold house with 1,184 ft2 of internal area and sits on a 442 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Larch Close, Speen, Newbury, RG14 is located within the RG14 postal district.
2, Larch Close, Newbury has 2 entries in the Land Registry database, most recently in June 2015 and a single entry in the EPC database dated July 2021.
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 Larch Close Newbury as £528,475 and the rental value as £1,647 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Larch Close Newbury has decreased by £7,939 (1.5%) and its rental value has increased by £6 per month (0.3%).
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, Larch Close, Newbury is in very good condition we estimate a sale value of £554,898 and rental value of £1,729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,481 and a rental value of £1,531 per month.
If you were able to purchase this property for the estimated value of £528,475, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,597 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, Larch Close, Newbury sits on a plot of 442m2.
We have plot size data on 3 out of 6 other houses in the postcode and 2, Larch Close, Newbury sits on the largest plot.
According to HM Land Registry, 2, Larch Close, Newbury was last sold on 02 Jun 2015 for £452,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2015, the market for similar properties has risen 23.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Larch Close, Newbury within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 13, Lambourn Road, Newbury, RG20 8AA, a Freehold house which sold for £375,000 in Dec 2022.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larch Close, Speen, Newbury, RG14 has a total of 6 addresses. According to our analysis of all the public data, 2, Larch Close, Newbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in RG14.
2, Larch Close, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2021.
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, Larch Close, Newbury is Newbury station which is 2.0 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, Larch Close, Newbury, 55.3% of property is privately owned outright and 34.2% 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, Larch Close, Newbury, 17.9% of residents are recorded as possessing school level qualifications and 35.2% 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, Larch Close, Newbury, the average age was 44.2 and the most common age was 52.
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, Larch Close, Newbury, 1.4% 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, Larch Close, Newbury, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.