According to the public record, 22, New Road, Reading is a period freehold house with 1,439 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New Road, Reading, RG1 is located within the RG1 postal district.
22, New Road, Reading has 2 entries in the Land Registry database, most recently in September 2012 and a single entry in the EPC database dated March 2012.
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 22 New Road Reading as £595,632 and the rental value as £2,187 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 22 New Road Reading has decreased by £15,247 (2.6%) and its rental value has increased by £66 per month (3.0%).
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 22, New Road, Reading is in very good condition we estimate a sale value of £625,414 and rental value of £2,297 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,938 and a rental value of £2,034 per month.
If you were able to purchase this property for the estimated value of £595,632, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,927 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, 22, New Road, Reading sits on a plot of 226m2.
We have plot size data on 19 out of 35 other houses in the postcode and 22, New Road, Reading sits on the 9th largest plot.
According to HM Land Registry, 22, New Road, Reading was last sold on 28 Sep 2012 for £447,250 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2012, the market for similar properties has risen 48.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, New Road, Reading within a radius of 480 metres over the last 2 years.
The most recent example is 7, Marlborough Avenue, Reading, RG1 5JB, a Freehold house which sold for £575,000 in Sep 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Reading, RG1 has a total of 35 addresses. According to our analysis of all the public data, 22, New Road, Reading is the 20th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £299k more expensive than the average property in RG1.
22, New Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2012.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 22, New Road, Reading is Reading station which is 2.0 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 22, New Road, Reading, 38.3% of property is privately owned outright and 29.6% 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 22, New Road, Reading, 33.0% of residents are recorded as possessing school level qualifications and 57.5% 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 22, New Road, Reading, the average age was 33.9 and the most common age was 22.
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 22, New Road, Reading, 1.5% 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 22, New Road, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.