According to the public record, 241, Newcastle Road, Reading is a mid-century house with 904 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newcastle Road, Reading, RG2 is located within the RG2 postal district.
241, Newcastle Road, Reading has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2018.
We combine this information with public data 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 241 Newcastle Road Reading as £285,253 and the rental value as £1,402 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 241 Newcastle Road Reading has increased by £1 (0.0%) and its rental value has increased by £81 per month (5.7%).
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 241, Newcastle Road, Reading is in very good condition we estimate a sale value of £299,515 and rental value of £1,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,285 and a rental value of £1,304 per month.
If you were able to purchase this property for the estimated value of £285,253, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,402 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, 241, Newcastle Road, Reading sits on a plot of 237m2.
We have plot size data on 7 out of 16 other houses in the postcode and 241, Newcastle Road, Reading sits on the largest plot.
According to HM Land Registry, 241, Newcastle Road, Reading was last sold on 31 Aug 2000 for £91,000 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 241, Newcastle Road, Reading within a radius of 97m over the last 2 years.
The most recent example is 89, Hexham Road, Reading, RG2 7UA, a Freehold house which sold for £292,000 in Nov 2021.
Read more about house prices in RG2.
Newcastle Road, Reading, RG2 has a total of 132 addresses. According to our analysis of all the public data, 241, Newcastle Road, Reading is the 42nd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in RG2.
241, Newcastle Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 241, Newcastle Road, Reading is Reading 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 241, Newcastle Road, Reading, 72.0% of property is socially rented and 13.6% 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 241, Newcastle Road, Reading, 27.2% of residents are recorded as possessing school level qualifications and 24.5% 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 241, Newcastle 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 241, Newcastle 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 241, Newcastle Road, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.