According to the public record, 3, Pingewood Close, Reading is a modern freehold house with 2,497 ft2 of internal area and sits on a 1,331 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Pingewood Close, Burghfield, Reading, RG30 is located within the RG30 postal district.
3, Pingewood Close, Reading has a single entry in the Land Registry database from September 2014 and a single entry in the EPC database dated April 2014.
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 Pingewood Close Reading as £847,353 and the rental value as £3,196 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 3 Pingewood Close Reading has decreased by £26,292 (3.1%) and its rental value has increased by £85 per month (2.7%).
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, Pingewood Close, Reading is in very good condition we estimate a sale value of £889,721 and rental value of £3,356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £788,038 and a rental value of £2,972 per month.
If you were able to purchase this property for the estimated value of £847,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,164 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, Pingewood Close, Reading sits on a plot of 1331m2.
We have plot size data on 3 out of 5 other houses in the postcode and 3, Pingewood Close, Reading sits on the largest plot.
According to HM Land Registry, 3, Pingewood Close, Reading was last sold on 22 Sep 2014 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2014, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pingewood Close, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 4 New Cottages, Reading Road, Reading, RG30 3RH, a Freehold house which sold for £860,000 in Aug 2022.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pingewood Close, Burghfield, Reading, RG30 has a total of 5 addresses. According to our analysis of all the public data, 3, Pingewood Close, Reading is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £527k more expensive than the average property in RG30.
3, Pingewood Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 3, Pingewood Close, Reading is Reading Green Park station which is 1.6 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, Pingewood Close, Reading, 42.7% of property is privately owned outright and 29.3% 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, Pingewood Close, Reading, 10.2% of residents are recorded as possessing school level qualifications and 34.7% 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, Pingewood Close, Reading, the average age was 40.5 and the most common age was 47.
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, Pingewood Close, Reading, 3.6% 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, Pingewood Close, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.