According to the public record, 28, George Palmer Close, Reading is a modern freehold house with 1,033 ft2 of internal area and sits on a 233 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
George Palmer Close, Reading, RG2 is located within the RG2 postal district.
28, George Palmer Close, Reading has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated February 2013.
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 28 George Palmer Close Reading as £424,210 and the rental value as £1,773 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 28 George Palmer Close Reading has decreased by £1,472 (0.3%) and its rental value has increased by £96 per month (5.4%).
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 28, George Palmer Close, Reading is in very good condition we estimate a sale value of £445,421 and rental value of £1,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,516 and a rental value of £1,649 per month.
If you were able to purchase this property for the estimated value of £424,210, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,085 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, 28, George Palmer Close, Reading sits on a plot of 233m2.
We have plot size data on 26 out of 26 other houses in the postcode and 28, George Palmer Close, Reading sits on the 4th largest plot.
According to HM Land Registry, 28, George Palmer Close, Reading was last sold on 24 Jun 2022 for £482,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, George Palmer Close, Reading within a radius of 470 metres over the last 2 years.
The most recent example is 20, George Palmer Close, Reading, RG2 7QW, a Freehold house which sold for £470,000 in Jun 2023.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Palmer Close, Reading, RG2 has a total of 27 addresses. According to our analysis of all the public data, 28, George Palmer Close, Reading is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in RG2.
28, George Palmer Close, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2013.
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 28, George Palmer Close, Reading is Reading station which is 2.0 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 28, George Palmer Close, Reading, 35.5% of property is privately rented and 30.0% 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 28, George Palmer Close, Reading, 21.9% of residents are recorded as possessing school level qualifications and 47.8% 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 28, George Palmer Close, Reading, the average age was 33.9 and the most common age was 22.
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 28, George Palmer Close, Reading, 0.4% 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 28, George Palmer Close, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.