According to the public record, 2 Rainbow Cottage, Newbury is a period freehold house with 2,615 ft2 of internal area and sits on a 801 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Woolton Hill, Newbury, RG20 is located in the borough of Basingstoke and Deane within the RG20 postal district.
2 Rainbow Cottage, Newbury has 2 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated June 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 Rainbow Cottage Newbury as £965,134 and the rental value as £2,521 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 2 Rainbow Cottage Newbury has decreased by £22,849 (2.4%) and its rental value has decreased by £6 per month (0.2%).
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 Rainbow Cottage, Newbury is in very good condition we estimate a sale value of £1,013,391 and rental value of £2,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £897,575 and a rental value of £2,345 per month.
If you were able to purchase this property for the estimated value of £965,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,743 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 Rainbow Cottage, Newbury sits on a plot of 801m2.
We have plot size data on 4 out of 8 other houses in the postcode and 2 Rainbow Cottage, Newbury sits on the 4th largest plot.
According to HM Land Registry, 2 Rainbow Cottage, Newbury was last sold on 26 Nov 2014 for £770,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Rainbow Cottage, Newbury within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Great Oaks, Newbury, RG20 9UX, a Freehold house which sold for £1,475,000 in Apr 2023.
Read more about house prices in RG20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woolton Hill, Newbury, RG20 has a total of 84 addresses. According to our analysis of all the public data, 2 Rainbow Cottage, Newbury is the 19th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £360k more expensive than the average property in RG20.
2 Rainbow Cottage, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2 Rainbow Cottage, Newbury is Newbury station which is 6.5 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 Rainbow Cottage, Newbury, 31.7% of property is socially rented and 31.0% 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 Rainbow Cottage, Newbury, 23.8% of residents are recorded as possessing school level qualifications and 39.7% 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 Rainbow Cottage, Newbury, the average age was 43.5 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 Rainbow Cottage, Newbury, 1.3% 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 Rainbow Cottage, Newbury, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.