According to the public record, 3, Blackwater Close, Reading is a modern leasehold house with 684 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Blackwater Close, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
3, Blackwater Close, Reading has 21 entries in the Land Registry database, most recently in January 2011 and a single entry in the EPC database dated September 2010.
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 Blackwater Close Reading as £260,130 and the rental value as £1,233 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 Blackwater Close Reading has increased by £179 (0.1%) 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 3, Blackwater Close, Reading is in very good condition we estimate a sale value of £273,137 and rental value of £1,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,921 and a rental value of £1,147 per month.
If you were able to purchase this property for the estimated value of £260,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,278 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 HM Land Registry, 3, Blackwater Close, Reading was last sold on 28 Jan 2011 for £134,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jan 2011, the market for similar properties has risen 79.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Blackwater Close, Reading within a radius of 850 metres over the last 2 years.
The most recent example is 2, Blackwater Close, Reading, RG7 1DT, a Leasehold house which sold for £192,000 in Nov 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blackwater Close, Spencers Wood, Reading, RG7 has a total of 28 addresses. According to our analysis of all the public data, 3, Blackwater Close, Reading is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in RG7.
3, Blackwater Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Sep 2010.
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 3, Blackwater Close, Reading is Reading Green Park station which is 4.3 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 3, Blackwater Close, Reading, 31.1% of property is privately owned outright and 30.3% 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 3, Blackwater Close, Reading, 18.8% of residents are recorded as possessing school level qualifications and 33.6% 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, Blackwater Close, 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, Blackwater Close, Reading, 0.6% 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, Blackwater Close, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.