According to the public record, 4, Great Lea, Reading is a early-century freehold house with 1,410 ft2 of internal area and sits on a 328 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Great Lea, Three Mile Cross, Reading, RG7 is located within the RG7 postal district.
4, Great Lea, Reading has a single entry in the Land Registry database from June 2015 and a single entry in the EPC database dated December 2015.
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 Great Lea Reading as £465,830 and the rental value as £1,950 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 4 Great Lea Reading has decreased by £9,769 (2.1%) and its rental value has increased by £70 per month (3.6%).
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, Great Lea, Reading is in very good condition we estimate a sale value of £489,122 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,222 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £465,830, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,289 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, Great Lea, Reading sits on a plot of 328m2.
We have plot size data on 4 out of 5 other houses in the postcode and 4, Great Lea, Reading sits on the 3rd largest plot.
According to HM Land Registry, 4, Great Lea, Reading was last sold on 03 Jun 2015 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Great Lea, Reading within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 43, Elk Path, Reading, RG7 1WE, a Freehold house which sold for £510,000 in Dec 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Lea, Three Mile Cross, Reading, RG7 has a total of 22 addresses. According to our analysis of all the public data, 4, Great Lea, Reading is the 8th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in RG7.
4, Great Lea, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2015.
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, Great Lea, Reading is Reading Green Park station which is 2.3 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 4, Great Lea, Reading, 42.6% of property is privately owned outright and 29.8% 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, Great Lea, Reading, 14.3% of residents are recorded as possessing school level qualifications and 22.4% 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, Great Lea, Reading, the average age was 37.6 and the most common age was 32.
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, Great Lea, Reading, 1.0% 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, Great Lea, 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.