According to the public record, 3, Canterbury Road, Reading is a mid-century freehold house and with 882 ft2 of internal area and sits on a 340 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Canterbury Road, Reading, RG2 is located within the RG2 postal district.
3, Canterbury Road, Reading has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated February 2021.
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 Canterbury Road Reading as £319,270 and the rental value as £1,571 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 3 Canterbury Road Reading has decreased by £1,059 (0.3%) and its rental value has increased by £85 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 3, Canterbury Road, Reading is in very good condition we estimate a sale value of £335,234 and rental value of £1,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,922 and a rental value of £1,461 per month.
If you were able to purchase this property for the estimated value of £319,270, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,569 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, Canterbury Road, Reading sits on a plot of 340m2.
We have plot size data on 14 out of 27 other houses in the postcode and 3, Canterbury Road, Reading sits on the 7th largest plot.
According to HM Land Registry, 3, Canterbury Road, Reading was last sold on 16 Apr 2021 for £307,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Canterbury Road, Reading within a radius of 71m over the last 2 years.
The most recent example is 15, Canterbury Road, Reading, RG2 7TB, a Freehold house which sold for £300,000 in Jun 2021.
Read more about house prices in RG2.
Canterbury Road, Reading, RG2 has a total of 43 addresses. According to our analysis of all the public data, 3, Canterbury Road, Reading is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in RG2.
3, Canterbury Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using portable electric heaters .
The closest station to 3, Canterbury Road, Reading is Reading station which is 2.4 km 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, Canterbury Road, Reading, 29.0% of property is socially rented and 27.4% 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, Canterbury Road, Reading, 15.8% of residents are recorded as possessing school level qualifications and 20.3% 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, Canterbury Road, Reading, the average age was 34.2 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, Canterbury Road, Reading, 0.3% 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 3, Canterbury Road, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.