According to the public record, 4, Bailey Mews, Reading is a modern freehold house and with 1,087 ft2 of internal area and sits on a 279 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bailey Mews, Shinfield, Reading, RG2 is located within the RG2 postal district.
4, Bailey Mews, Reading has a single entry in the Land Registry database from June 2018 and 2 entries in the EPC database, most recently in June 2018.
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 4 Bailey Mews Reading as £465,937 and the rental value as £1,997 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 4 Bailey Mews Reading has decreased by £6,489 (1.4%) and its rental value has increased by £62 per month (3.1%).
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 4, Bailey Mews, Reading is in very good condition we estimate a sale value of £489,234 and rental value of £2,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,321 and a rental value of £1,857 per month.
If you were able to purchase this property for the estimated value of £465,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,290 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, 4, Bailey Mews, Reading sits on a plot of 279m2.
We have plot size data on 9 out of 10 other houses in the postcode and 4, Bailey Mews, Reading sits on the largest plot.
According to HM Land Registry, 4, Bailey Mews, Reading was last sold on 29 Jun 2018 for £569,953 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Bailey Mews, Reading within a radius of 76m over the last 2 years.
The most recent example is 8, Lawrence Place, Reading, RG2 9RS, a Freehold house which sold for £400,000 in Sep 2023.
Read more about house prices in RG2.
Bailey Mews, Shinfield, Reading, RG2 has a total of 10 addresses. According to our analysis of all the public data, 4, Bailey Mews, Reading is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in RG2.
4, Bailey Mews, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 4, Bailey Mews, Reading is Reading Green Park station which is 4.4 km 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 4, Bailey Mews, Reading, 53.2% of property is privately owned with a mortgage and 20.3% 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 4, Bailey Mews, Reading, 24.4% of residents are recorded as possessing school level qualifications and 55.4% 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 4, Bailey Mews, Reading, the average age was 37.1 and the most common age was 42.
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 4, Bailey Mews, 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 4, Bailey Mews, 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.