According to the public record, 4, Gipsy Lane, Reading is a period freehold house with 990 ft2 of internal area and sits on a 304 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gipsy Lane, Tilehurst, Reading, RG30 is located within the RG30 postal district.
4, Gipsy Lane, Reading has a single entry in the Land Registry database from October 2023 and a single entry in the EPC database dated May 2022.
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 Gipsy Lane Reading as £360,674 and the rental value as £1,644 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 4 Gipsy Lane Reading has decreased by £7,263 (2.0%) and its rental value has increased by £65 per month (4.0%).
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 4, Gipsy Lane, Reading is in very good condition we estimate a sale value of £378,707 and rental value of £1,726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,426 and a rental value of £1,529 per month.
If you were able to purchase this property for the estimated value of £360,674, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,773 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, Gipsy Lane, Reading sits on a plot of 304m2.
According to HM Land Registry, 4, Gipsy Lane, Reading was last sold on 20 Oct 2023 for £372,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Gipsy Lane, Reading within a radius of 570 metres over the last 2 years.
The most recent example is 180, Rodway Road, Reading, RG30 6EE, a Freehold house which sold for £415,000 in Nov 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gipsy Lane, Tilehurst, Reading, RG30 has a total of 2 addresses. According to our analysis of all the public data, 4, Gipsy Lane, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in RG30.
4, Gipsy Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2022.
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 4, Gipsy Lane, Reading is Tilehurst station which is 900 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 4, Gipsy Lane, Reading, 35.4% of property is privately owned with a mortgage and 29.1% 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 4, Gipsy Lane, Reading, 14.7% of residents are recorded as possessing school level qualifications and 32.0% 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, Gipsy Lane, Reading, the average age was 41.7 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 4, Gipsy 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 4, Gipsy Lane, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.