According to the public record, 2, Pennypiece, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 914 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Pennypiece, Goring, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
2, Pennypiece, Reading has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Pennypiece Reading as £528,785 and the rental value as £2,027 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 Pennypiece Reading has increased by £2,385 (0.5%) and its rental value has increased by £122 per month (6.0%).
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, Pennypiece, Reading is in very good condition we estimate a sale value of £555,224 and rental value of £2,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,770 and a rental value of £1,885 per month.
If you were able to purchase this property for the estimated value of £528,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,599 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 HM Land Registry, 2, Pennypiece, Reading was last sold on 18 Jan 2006 for £535,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pennypiece, Reading within a radius of 290m over the last 2 years.
The most recent example is 18, Pennypiece, Reading, RG8 9BY, a Freehold house which sold for £500,000 in Dec 2022.
Read more about house prices in RG8.
Pennypiece, Goring, Reading, RG8 has a total of 22 addresses. According to our analysis of all the public data, 2, Pennypiece, Reading is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in RG8.
The closest station to 2, Pennypiece, Reading is Goring & Streatley station which is 800 m 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, Pennypiece, Reading, 48.8% of property is privately owned outright and 22.4% 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, Pennypiece, Reading, 15.5% of residents are recorded as possessing school level qualifications and 58.4% 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, Pennypiece, Reading, the average age was 39.1 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, Pennypiece, Reading, 1.8% 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, Pennypiece, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.