According to the public record, 29, Elm Road, Reading is a mid-century freehold house with 764 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elm Road, Reading, RG6 is located within the RG6 postal district.
29, Elm Road, Reading has 31 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated March 2023.
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 29 Elm Road Reading as £367,866 and the rental value as £1,587 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 29 Elm Road Reading has decreased by £2,431 (0.7%) and its rental value has increased by £78 per month (4.9%).
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 29, Elm Road, Reading is in very good condition we estimate a sale value of £386,259 and rental value of £1,667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,116 and a rental value of £1,476 per month.
If you were able to purchase this property for the estimated value of £367,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,808 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, 29, Elm Road, Reading sits on a plot of 257m2.
We have plot size data on 19 out of 27 other houses in the postcode and 29, Elm Road, Reading sits on the 16th largest plot.
According to HM Land Registry, 29, Elm Road, Reading was last sold on 18 Aug 2023 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Elm Road, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 5, Devitt Close, Reading, RG2 8EF, a Freehold house which sold for £359,000 in Nov 2021.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Road, Reading, RG6 has a total of 28 addresses. According to our analysis of all the public data, 29, Elm Road, Reading is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in RG6.
29, Elm Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 2023.
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 29, Elm Road, Reading is Earley station which is 2.3 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 29, Elm Road, Reading, 52.1% of property is privately owned outright and 28.9% 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 29, Elm Road, Reading, 22.2% of residents are recorded as possessing school level qualifications and 49.4% 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 29, Elm Road, Reading, the average age was 32.4 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 29, Elm Road, Reading, 0.7% 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 29, Elm 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.