According to the public record, 223, City Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,398 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
City Road, Tilehurst, Reading, RG31 is located within the RG31 postal district.
223, City Road, Reading has a single entry in the Land Registry database from October 2009 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 223 City Road Reading as £509,661 and the rental value as £2,225 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 223 City Road Reading has decreased by £15,380 (3.0%) and its rental value has increased by £68 per month (3.1%).
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 223, City Road, Reading is in very good condition we estimate a sale value of £535,144 and rental value of £2,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,984 and a rental value of £2,069 per month.
If you were able to purchase this property for the estimated value of £509,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,505 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, 223, City Road, Reading was last sold on 30 Oct 2009 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 71.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 223, City Road, Reading within a radius of 720 metres over the last 2 years.
The most recent example is 4, Starlings Drive, Reading, RG31 4ST, a Freehold house which sold for £440,000 in May 2024.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
City Road, Tilehurst, Reading, RG31 has a total of 135 addresses. According to our analysis of all the public data, 223, City Road, Reading is the 27th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in RG31.
The closest station to 223, City Road, Reading is Theale station which is 2.4 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 223, City Road, Reading, 65.2% of property is privately owned outright and 25.0% 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 223, City Road, Reading, 14.5% of residents are recorded as possessing school level qualifications and 22.0% 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 223, City Road, Reading, 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 223, City Road, Reading, 1.1% 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 223, City Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.