According to the public record, 25, Norton Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,053 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Norton Road, Woodley, Reading, RG5 is located within the RG5 postal district.
25, Norton Road, Reading has a single entry in the Land Registry database from February 2008 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 25 Norton Road Reading as £422,691 and the rental value as £1,770 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 25 Norton Road Reading has increased by £1,179 (0.3%) and its rental value has increased by £82 per month (4.6%).
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 25, Norton Road, Reading is in very good condition we estimate a sale value of £443,826 and rental value of £1,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,103 and a rental value of £1,646 per month.
If you were able to purchase this property for the estimated value of £422,691, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,077 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, 25, Norton Road, Reading was last sold on 01 Feb 2008 for £289,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2008, 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 25, Norton Road, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 4, Norton Road, Reading, RG5 4AH, a Freehold house which sold for £435,000 in Sep 2022.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norton Road, Woodley, Reading, RG5 has a total of 90 addresses. According to our analysis of all the public data, 25, Norton Road, Reading is the 48th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in RG5.
The closest station to 25, Norton Road, Reading is Winnersh Triangle station which is 900 metres 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 25, Norton Road, Reading, 46.9% of property is privately owned with a mortgage and 36.2% 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 25, Norton Road, Reading, 21.9% of residents are recorded as possessing school level qualifications and 40.0% 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 25, Norton Road, Reading, the average age was 40.3 and the most common age was 7.
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 25, Norton Road, Reading, 1.2% 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 25, Norton Road, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.