According to the public record, 32, Patrick Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,510 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Patrick Road, Caversham, Reading, RG4 is located within the RG4 postal district.
32, Patrick Road, Reading has 3 entries in the Land Registry database, most recently in May 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 32 Patrick Road Reading as £669,066 and the rental value as £2,158 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 32 Patrick Road Reading has decreased by £6,975 (1.0%) and its rental value has increased by £91 per month (4.2%).
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 32, Patrick Road, Reading is in very good condition we estimate a sale value of £702,519 and rental value of £2,266 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,231 and a rental value of £2,007 per month.
If you were able to purchase this property for the estimated value of £669,066, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,288 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, 32, Patrick Road, Reading was last sold on 17 May 2018 for £579,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Patrick Road, Reading within a radius of 470 metres over the last 2 years.
The most recent example is 28, Rufus Isaacs Road, Reading, RG4 6DD, a Freehold house which sold for £530,000 in Jun 2021.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Patrick Road, Caversham, Reading, RG4 has a total of 47 addresses. According to our analysis of all the public data, 32, Patrick Road, Reading is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in RG4.
The closest station to 32, Patrick Road, Reading is Reading station which is 800 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 32, Patrick Road, Reading, 28.4% of property is privately rented and 27.6% 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 32, Patrick Road, Reading, 21.6% of residents are recorded as possessing school level qualifications and 56.9% 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 32, Patrick Road, Reading, the average age was 36.8 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 32, Patrick Road, Reading, 1.0% 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 32, Patrick 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.