According to the public record, 2, Martinet Road, Reading is a modern freehold house with 1,173 ft2 of internal area and sits on a 345 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Martinet Road, Woodley, Reading, RG5 is located within the RG5 postal district.
2, Martinet Road, Reading has a single entry in the Land Registry database from May 2016 and a single entry in the EPC database dated October 2014.
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 Martinet Road Reading as £540,502 and the rental value as £1,935 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Martinet Road Reading has decreased by £11,075 (2.0%) and its rental value has increased by £42 per month (2.2%).
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, Martinet Road, Reading is in very good condition we estimate a sale value of £567,527 and rental value of £2,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,667 and a rental value of £1,800 per month.
If you were able to purchase this property for the estimated value of £540,502, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,656 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, Martinet Road, Reading sits on a plot of 345m2.
We have plot size data on 23 out of 23 other houses in the postcode and 2, Martinet Road, Reading sits on the 3rd largest plot.
According to HM Land Registry, 2, Martinet Road, Reading was last sold on 17 May 2016 for £509,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Martinet Road, Reading within a radius of 550 metres over the last 2 years.
The most recent example is 4, Hurricane Way, Reading, RG5 4UX, a Freehold house which sold for £500,000 in May 2024.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martinet Road, Woodley, Reading, RG5 has a total of 23 addresses. According to our analysis of all the public data, 2, Martinet Road, Reading is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in RG5.
2, Martinet Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Oct 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Martinet Road, Reading is Winnersh Triangle station which is 1.9 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, Martinet Road, Reading, 53.7% of property is privately owned outright and 37.2% 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, Martinet Road, Reading, 22.3% of residents are recorded as possessing school level qualifications and 33.5% 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, Martinet Road, Reading, the average age was 40.3 and the most common age was 7.
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, Martinet Road, Reading, 2.1% 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, Martinet Road, Reading, 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.