According to the public record, 2, Victoria Road, Reading is a mid-century freehold house with 796 ft2 of internal area and sits on a 337 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Victoria Road, Mortimer Common, Reading, RG7 is located within the RG7 postal district.
2, Victoria Road, Reading has 2 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated June 2022.
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 Victoria Road Reading as £443,388 and the rental value as £1,655 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 Victoria Road Reading has decreased by £2,599 (0.6%) and its rental value has increased by £87 per month (5.2%).
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, Victoria Road, Reading is in very good condition we estimate a sale value of £465,557 and rental value of £1,738 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,351 and a rental value of £1,539 per month.
If you were able to purchase this property for the estimated value of £443,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,179 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, Victoria Road, Reading sits on a plot of 337m2.
We have plot size data on 12 out of 20 other houses in the postcode and 2, Victoria Road, Reading sits on the 10th largest plot.
According to HM Land Registry, 2, Victoria Road, Reading was last sold on 14 Dec 2022 for £445,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Victoria Road, Reading within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 11, West End Road, Reading, RG7 3TB, a Freehold house which sold for £498,000 in Mar 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Mortimer Common, Reading, RG7 has a total of 72 addresses. According to our analysis of all the public data, 2, Victoria Road, Reading is the 48th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in RG7.
2, Victoria Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2022.
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, Victoria Road, 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, Victoria Road, Reading, 44.8% of property is privately rented and 25.3% is privately owned outright.
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, Victoria Road, Reading, 17.4% of residents are recorded as possessing school level qualifications and 35.6% 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, Victoria Road, 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, Victoria Road, Reading, 0.0% 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, Victoria Road, 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.