According to the public record, 3, The Square, Reading is a modern house with 1,302 ft2 of internal area and sits on a 290 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Square, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
3, The Square, Reading has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 Square Reading as £519,458 and the rental value as £2,036 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 3 The Square Reading has decreased by £10,351 (2.0%) and its rental value has increased by £74 per month (3.7%).
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, The Square, Reading is in very good condition we estimate a sale value of £545,431 and rental value of £2,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,096 and a rental value of £1,893 per month.
If you were able to purchase this property for the estimated value of £519,458, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,553 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 Square, Reading sits on a plot of 290m2.
We have plot size data on 19 out of 33 other houses in the postcode and 3, The Square, Reading sits on the 12th largest plot.
According to HM Land Registry, 3, The Square, Reading was last sold on 02 Oct 1997 for £147,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Square, Reading within a radius of 900 metres over the last 2 years.
The most recent example is 288, Hyde End Road, Reading, RG7 1DN, a Freehold house which sold for £525,000 in Sep 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Square, Spencers Wood, Reading, RG7 has a total of 33 addresses. According to our analysis of all the public data, 3, The Square, Reading is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in RG7.
3, The Square, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2023.
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 Square, Reading is Reading Green Park station which is 3.9 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 Square, Reading, 47.2% of property is privately owned with a mortgage and 37.0% 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, The Square, Reading, 18.4% of residents are recorded as possessing school level qualifications and 41.6% 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, The Square, 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 Square, Reading, 0.0% 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 Square, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.