According to the public record, 3, Chelsea Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 886 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Chelsea Close, Tilehurst, Reading, RG30 is located within the RG30 postal district.
3, Chelsea Close, Reading has 3 entries in the Land Registry database, most recently in February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Chelsea Close Reading as £396,222 and the rental value as £1,623 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 3 Chelsea Close Reading has decreased by £7,978 (2.0%) and its rental value has increased by £64 per month (4.0%).
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, Chelsea Close, Reading is in very good condition we estimate a sale value of £416,033 and rental value of £1,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,487 and a rental value of £1,510 per month.
If you were able to purchase this property for the estimated value of £396,222, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,947 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, Chelsea Close, Reading was last sold on 28 Feb 2018 for £330,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2018, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Chelsea Close, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 4, Chelsea Close, Reading, RG30 6EP, a Freehold house which sold for £410,000 in Oct 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelsea Close, Tilehurst, Reading, RG30 has a total of 14 addresses. According to our analysis of all the public data, 3, Chelsea Close, Reading is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in RG30.
The closest station to 3, Chelsea Close, Reading is Tilehurst 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 3, Chelsea Close, Reading, 46.7% of property is privately owned with a mortgage and 32.1% 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 3, Chelsea Close, Reading, 15.4% of residents are recorded as possessing school level qualifications and 29.3% 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, Chelsea Close, Reading, the average age was 41.7 and the most common age was 52.
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, Chelsea Close, Reading, 1.5% 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, Chelsea Close, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.