According to the public record, 3, Western Road, Reading is a period freehold house with 764 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Western Road, Reading, RG1 is located within the RG1 postal district.
3, Western Road, Reading has 3 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated April 2017.
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 Western Road Reading as £315,768 and the rental value as £1,523 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 3 Western Road Reading has decreased by £4,486 (1.4%) and its rental value has increased by £66 per month (4.3%).
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, Western Road, Reading is in very good condition we estimate a sale value of £331,556 and rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,664 and a rental value of £1,417 per month.
If you were able to purchase this property for the estimated value of £315,768, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, Western Road, Reading sits on a plot of 103m2.
We have plot size data on 33 out of 44 other houses in the postcode and 3, Western Road, Reading sits on the 14th largest plot.
According to HM Land Registry, 3, Western Road, Reading was last sold on 04 Aug 2023 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Western Road, Reading within a radius of 410 metres over the last 2 years.
The most recent example is 2, Western Road, Reading, RG1 6PD, a Freehold house which sold for £302,500 in Mar 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Road, Reading, RG1 has a total of 46 addresses. According to our analysis of all the public data, 3, Western Road, Reading is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in RG1.
3, Western Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Apr 2017.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, Western Road, Reading is Reading West station which is 500 metres 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, Western Road, Reading, 46.2% of property is privately rented and 35.5% 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, Western Road, Reading, 17.3% of residents are recorded as possessing school level qualifications and 51.4% 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, Western Road, Reading, the average age was 37.7 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, Western Road, Reading, 0.5% 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, Western Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.