According to the public record, 271, Norcot Road, Reading is a mid-century freehold house with 904 ft2 of internal area and sits on a 332 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Norcot Road, Tilehurst, Reading, RG30 is located within the RG30 postal district.
271, Norcot Road, Reading has 2 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated February 2017.
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 271 Norcot Road Reading as £399,745 and the rental value as £1,626 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 271 Norcot Road Reading has decreased by £4,878 (1.2%) and its rental value has increased by £75 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 271, Norcot Road, Reading is in very good condition we estimate a sale value of £419,732 and rental value of £1,708 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,762 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £399,745, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,965 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, 271, Norcot Road, Reading sits on a plot of 332m2.
We have plot size data on 16 out of 22 other houses in the postcode and 271, Norcot Road, Reading sits on the 16th largest plot.
According to HM Land Registry, 271, Norcot Road, Reading was last sold on 13 Oct 2023 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 271, Norcot Road, Reading within a radius of 530 metres over the last 2 years.
The most recent example is 257, Norcot Road, Reading, RG30 6AF, a Freehold house which sold for £515,000 in Jan 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norcot Road, Tilehurst, Reading, RG30 has a total of 231 addresses. According to our analysis of all the public data, 271, Norcot Road, Reading is the 134th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in RG30.
271, Norcot Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Feb 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 271, Norcot Road, Reading is Tilehurst station which is 1.4 kilometres 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 271, Norcot Road, Reading, 46.2% of property is privately owned with a mortgage and 35.4% 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 271, Norcot Road, Reading, 18.7% of residents are recorded as possessing school level qualifications and 30.0% 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 271, Norcot Road, Reading, the average age was 35.9 and the most common age was 37.
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 271, Norcot Road, Reading, 0.3% 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 271, Norcot Road, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.