According to the public record, 24, Pettit Place, Reading is a modern freehold house and with 1,270 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pettit Place, Shinfield, Reading, RG2 is located within the RG2 postal district.
24, Pettit Place, Reading has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated March 2023.
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 good condition, we estimate the current sale value for 24 Pettit Place Reading as £615,682 and the rental value as £2,248 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 24 Pettit Place Reading has decreased by £15,919 (2.6%) and its rental value has increased by £63 per month (2.8%).
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 24, Pettit Place, Reading is in very good condition we estimate a sale value of £646,466 and rental value of £2,361 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,584 and a rental value of £2,091 per month.
If you were able to purchase this property for the estimated value of £615,682, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,026 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, 24, Pettit Place, Reading was last sold on 31 May 2023 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Pettit Place, Reading within a radius of 128m over the last 2 years.
The most recent example is 17, Pettit Place, Reading, RG2 9SP, a Freehold house which sold for £590,000 in Jun 2023.
Read more about house prices in RG2.
Pettit Place, Shinfield, Reading, RG2 has a total of 23 addresses. According to our analysis of all the public data, 24, Pettit Place, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £249k more expensive than the average property in RG2.
24, Pettit Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 24, Pettit Place, Reading is Earley station which is 3.8 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 24, Pettit Place, Reading, 43.5% of property is privately owned outright and 42.4% 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 24, Pettit Place, Reading, 20.3% of residents are recorded as possessing school level qualifications and 41.6% 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 24, Pettit Place, Reading, the average age was 37.1 and the most common age was 42.
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 24, Pettit Place, Reading, 1.8% 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 24, Pettit Place, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.