According to the public record, 224, Shinfield Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 957 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Shinfield Road, Reading, RG2 is located within the RG2 postal district.
224, Shinfield Road, Reading has 21 entries in the Land Registry database, most recently in June 2006 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 224 Shinfield Road Reading as £370,445 and the rental value as £1,722 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 224 Shinfield Road Reading has decreased by £5,487 (1.5%) and its rental value has increased by £69 per month (4.0%).
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 224, Shinfield Road, Reading is in very good condition we estimate a sale value of £388,968 and rental value of £1,808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,514 and a rental value of £1,602 per month.
If you were able to purchase this property for the estimated value of £370,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,821 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, 224, Shinfield Road, Reading was last sold on 13 Jun 2006 for £193,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 224, Shinfield Road, Reading within a radius of 325m over the last 2 years.
The most recent example is 6, Hazel Crescent, Reading, RG2 7ND, a Freehold house which sold for £325,000 in Oct 2023.
Read more about house prices in RG2.
Shinfield Road, Reading, RG2 has a total of 253 addresses. According to our analysis of all the public data, 224, Shinfield Road, Reading is the 118th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in RG2.
The closest station to 224, Shinfield Road, Reading is Earley station which is 2.3 km 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 224, Shinfield Road, Reading, 30.3% of property is privately owned with a mortgage and 28.7% 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 224, Shinfield Road, Reading, 26.5% of residents are recorded as possessing school level qualifications and 41.2% 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 224, Shinfield Road, Reading, the average age was 32.4 and the most common age was 17.
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 224, Shinfield 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 224, Shinfield Road, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.