According to the public record, 38, Reading Road, Reading is a early-century freehold house with 936 ft2 of internal area and sits on a 463 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reading Road, Woodley, Reading, RG5 is located within the RG5 postal district.
38, Reading Road, Reading has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated March 2019.
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 38 Reading Road Reading as £498,342 and the rental value as £1,615 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 38 Reading Road Reading has decreased by £5,968 (1.2%) and its rental value has increased by £49 per month (3.0%).
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, Reading Road, Reading is in very good condition we estimate a sale value of £523,259 and rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,458 and a rental value of £1,502 per month.
If you were able to purchase this property for the estimated value of £498,342, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,449 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, Reading Road, Reading sits on a plot of 463m2.
We have plot size data on 20 out of 33 other houses in the postcode and 38, Reading Road, Reading sits on the 14th largest plot.
According to HM Land Registry, 38, Reading Road, Reading was last sold on 19 Jul 2019 for £410,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Reading Road, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 7, Beechwood Avenue, Reading, RG5 3DE, a Freehold house which sold for £440,000 in Mar 2024.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, Woodley, Reading, RG5 has a total of 133 addresses. According to our analysis of all the public data, 38, Reading Road, Reading is the 116th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in RG5.
38, Reading Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 38, Reading Road, Reading is Earley station which is 1.7 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, Reading Road, Reading, 54.2% of property is privately owned outright and 27.5% 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 38, Reading Road, Reading, 23.1% of residents are recorded as possessing school level qualifications and 37.4% 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 38, Reading Road, Reading, the average age was 44.2 and the most common age was 52.
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, Reading Road, Reading, 0.7% 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, Reading Road, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.