According to the public record, 2 Hendeys Cottages, Summerlug, Reading is a period freehold house with 1,065 ft2 of internal area and sits on a 374 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Summerlug, Mortimer Common, Reading, RG7 is located within the RG7 postal district.
2 Hendeys Cottages, Summerlug, Reading has 41 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated May 2013.
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 Hendeys Cottages Summerlug Reading as £520,836 and the rental value as £1,759 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2 Hendeys Cottages Summerlug Reading has decreased by £5,630 (1.1%) and its rental value has increased by £79 per month (4.5%).
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 Hendeys Cottages, Summerlug, Reading is in very good condition we estimate a sale value of £546,878 and rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,377 and a rental value of £1,636 per month.
If you were able to purchase this property for the estimated value of £520,836, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,560 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 Hendeys Cottages, Summerlug, Reading sits on a plot of 374m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2 Hendeys Cottages, Summerlug, Reading sits on the 2nd largest plot.
According to HM Land Registry, 2 Hendeys Cottages, Summerlug, Reading was last sold on 28 Sep 2022 for £480,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Hendeys Cottages, Summerlug, Reading within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 18, Briar Lea Road, Reading, RG7 3SA, a Freehold house which sold for £535,000 in Apr 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summerlug, Mortimer Common, Reading, RG7 has a total of 16 addresses. According to our analysis of all the public data, 2 Hendeys Cottages, Summerlug, Reading is the 12th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in RG7.
2 Hendeys Cottages, Summerlug, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 May 2013.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and radiators.
The closest station to 2 Hendeys Cottages, Summerlug, Reading is Mortimer station which is 2.1 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 Hendeys Cottages, Summerlug, Reading, 59.9% of property is privately owned outright and 33.6% 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 Hendeys Cottages, Summerlug, Reading, 19.1% of residents are recorded as possessing school level qualifications and 50.9% 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 Hendeys Cottages, Summerlug, Reading, the average age was 42.7 and the most common age was 47.
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 Hendeys Cottages, Summerlug, Reading, 2.4% 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 Hendeys Cottages, Summerlug, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.