38, Mortons Lane, Reading has a single entry in the Land Registry database from November 2006 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 38, Mortons Lane, Reading is in very good condition we estimate a sale value of £620,719 and rental value of £2,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,779 and a rental value of £1,910 per month.
If you were able to purchase this property for the estimated value of £591,161, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,905 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, 38, Mortons Lane, Reading sits on a plot of 333m2.
We have plot size data on 25 out of 41 other houses in the postcode and 38, Mortons Lane, Reading sits on the 16th largest plot.
According to HM Land Registry, 38, Mortons Lane, Reading was last sold on 01 Nov 2006 for £325,000 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 38, Mortons Lane, Reading within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 19, Mortons Lane, Reading, RG7 6QQ, a Freehold house which sold for £437,500 in Dec 2020.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mortons Lane, Upper Bucklebury, Reading, RG7 has a total of 41 addresses. According to our analysis of all the public data, 38, Mortons Lane, Reading is the 23rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in RG7.
38, Mortons Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 38, Mortons Lane, Reading is a modern freehold house with 1,194 ft2 of internal area and sits on a 333 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mortons Lane, Upper Bucklebury, Reading, RG7 is located within the RG7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 38 Mortons Lane Reading as £591,161 and the rental value as £2,053 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 38 Mortons Lane Reading has decreased by £15,079 (2.6%) and its rental value has increased by £25 per month (1.2%).
The closest station to 38, Mortons Lane, Reading is Thatcham station which is 2.9 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 38, Mortons Lane, Reading, 31.5% of property is privately owned with a mortgage and 30.6% 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 38, Mortons Lane, Reading, 20.9% of residents are recorded as possessing school level qualifications and 32.5% 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 38, Mortons Lane, Reading, the average age was 42 and the most common age was 17.
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 38, Mortons Lane, Reading, 0.9% 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 38, Mortons Lane, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.