According to the public record, 28, Marefield, Reading is a modern freehold house with 473 ft2 of internal area and sits on a 110 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Marefield, Lower Earley, Reading, RG6 is located within the RG6 postal district.
28, Marefield, Reading has 21 entries in the Land Registry database, most recently in February 2008 and a single entry in the EPC database dated September 2022.
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 Marefield Reading as £293,772 and the rental value as £1,242 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 28 Marefield Reading has increased by £2,621 (0.9%) and its rental value has increased by £72 per month (5.8%).
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 28, Marefield, Reading is in very good condition we estimate a sale value of £308,461 and rental value of £1,304 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,208 and a rental value of £1,155 per month.
If you were able to purchase this property for the estimated value of £293,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,444 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, Marefield, Reading sits on a plot of 110m2.
We have plot size data on 50 out of 68 other houses in the postcode and 28, Marefield, Reading sits on the 36th largest plot.
According to HM Land Registry, 28, Marefield, Reading was last sold on 08 Feb 2008 for £163,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 72.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Marefield, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 48, Marefield, Reading, RG6 3DZ, a Freehold house which sold for £235,000 in Apr 2022.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marefield, Lower Earley, Reading, RG6 has a total of 81 addresses. According to our analysis of all the public data, 28, Marefield, Reading is the 51st largest and the 50th most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in RG6.
28, Marefield, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2022.
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 28, Marefield, Reading is Earley station which is 1.2 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, Marefield, Reading, 51.2% of property is privately owned with a mortgage and 28.0% 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 28, Marefield, Reading, 22.7% of residents are recorded as possessing school level qualifications and 52.4% 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, Marefield, Reading, the average age was 38.8 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 28, Marefield, Reading, 1.3% 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 28, Marefield, 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.