According to the public record, 255, Basingstoke Road, Reading is a period freehold house and with 925 ft2 of internal area and sits on a 315 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Basingstoke Road, Reading, RG2 is located within the RG2 postal district.
255, Basingstoke Road, Reading has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated April 2018.
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 reasonable condition, we estimate the current sale value for 255 Basingstoke Road Reading as £335,489 and the rental value as £1,642 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 255 Basingstoke Road Reading has decreased by £3,207 (1.0%) and its rental value has increased by £79 per month (4.8%).
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 255, Basingstoke Road, Reading is in very good condition we estimate a sale value of £352,263 and rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,005 and a rental value of £1,527 per month.
If you were able to purchase this property for the estimated value of £335,489, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,649 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, 255, Basingstoke Road, Reading sits on a plot of 315m2.
We have plot size data on 13 out of 20 other houses in the postcode and 255, Basingstoke Road, Reading sits on the 10th largest plot.
According to HM Land Registry, 255, Basingstoke Road, Reading was last sold on 08 Jun 2018 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 255, Basingstoke Road, Reading within a radius of 182m over the last 2 years.
The most recent example is 282, Basingstoke Road, Reading, RG2 0HN, a Freehold house which sold for £310,000 in Oct 2023.
Read more about house prices in RG2.
Basingstoke Road, Reading, RG2 has a total of 555 addresses. According to our analysis of all the public data, 255, Basingstoke Road, Reading is the 208th largest and the 208th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in RG2.
255, Basingstoke Road, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 Apr 2018.
The property is connected to mains gas and has some double glazing. It is heated using Room heaters, electric.
The closest station to 255, Basingstoke Road, Reading is Reading Green Park 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 255, Basingstoke Road, Reading, 30.3% of property is privately owned with a mortgage and 28.4% is privately rented.
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 255, Basingstoke Road, Reading, 22.0% of residents are recorded as possessing school level qualifications and 27.5% 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 255, Basingstoke Road, Reading, the average age was 34.2 and the most common age was 32.
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 255, Basingstoke 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 255, Basingstoke 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.