According to the public record, 3 The Lowlands, Reading is a period freehold house with 699 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chapel Lane, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
3 The Lowlands, Reading has 31 entries in the Land Registry database, most recently in June 2006 and a single entry in the EPC database dated March 2024.
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 3 The Lowlands Reading as £392,548 and the rental value as £1,565 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 The Lowlands Reading has decreased by £93 (0.0%) and its rental value has increased by £82 per month (5.2%).
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 3 The Lowlands, Reading is in very good condition we estimate a sale value of £412,175 and rental value of £1,643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,069 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £392,548, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,929 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, 3 The Lowlands, Reading sits on a plot of 164m2.
We have plot size data on 7 out of 9 other houses in the postcode and 3 The Lowlands, Reading sits on the 7th largest plot.
According to HM Land Registry, 3 The Lowlands, Reading was last sold on 09 Jun 2006 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Lowlands, Reading within a radius of 950 metres over the last 2 years.
The most recent example is 27, The Square, Reading, RG7 1BS, a Freehold house which sold for £380,000 in Mar 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chapel Lane, Spencers Wood, Reading, RG7 has a total of 16 addresses. According to our analysis of all the public data, 3 The Lowlands, Reading is the 13th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in RG7.
3 The Lowlands, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 3 The Lowlands, Reading is Reading Green Park station which is 4.1 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 3 The Lowlands, Reading, 34.0% of property is privately owned with a mortgage and 33.0% is socially 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 3 The Lowlands, Reading, 15.2% of residents are recorded as possessing school level qualifications and 35.5% 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 3 The Lowlands, Reading, the average age was 37.6 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 3 The Lowlands, Reading, 1.0% 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 3 The Lowlands, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.