According to the public record, 38, Southcote Lane, Reading is a mid-century house with 1,926 ft2 of internal area and sits on a 548 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Southcote Lane, Reading, RG30 is located within the RG30 postal district.
38, Southcote Lane, Reading has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
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 38 Southcote Lane Reading as £537,092 and the rental value as £2,354 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 38 Southcote Lane Reading has decreased by £14,110 (2.6%) and its rental value has increased by £72 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, Southcote Lane, Reading is in very good condition we estimate a sale value of £563,947 and rental value of £2,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £499,495 and a rental value of £2,189 per month.
If you were able to purchase this property for the estimated value of £537,092, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,640 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, Southcote Lane, Reading sits on a plot of 548m2.
We have plot size data on 5 out of 9 other houses in the postcode and 38, Southcote Lane, Reading sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Southcote Lane, Reading within a radius of 510 metres over the last 2 years.
The most recent example is 40, Southcote Lane, Reading, RG30 3AD, a Freehold house which sold for £485,000 in Feb 2020.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southcote Lane, Reading, RG30 has a total of 370 addresses. According to our analysis of all the public data, 38, Southcote Lane, Reading is the 6th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in RG30.
38, Southcote Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Southcote Lane, Reading is Reading West station which is 1.1 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, Southcote Lane, Reading, 31.7% of property is privately owned with a mortgage and 28.0% is privately rented.
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, Southcote Lane, Reading, 10.0% of residents are recorded as possessing school level qualifications and 55.2% 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, Southcote Lane, Reading, the average age was 39.5 and the most common age was 37.
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, Southcote Lane, 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 38, Southcote Lane, 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.