According to the public record, 4, The Ridings, Reading is a modern freehold house with 1,151 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Ridings, Tilehurst, Reading, RG31 is located within the RG31 postal district.
4, The Ridings, Reading has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated January 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 good condition, we estimate the current sale value for 4 The Ridings Reading as £527,480 and the rental value as £2,136 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 4 The Ridings Reading has decreased by £16,394 (3.1%) and its rental value has increased by £63 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 4, The Ridings, Reading is in very good condition we estimate a sale value of £553,854 and rental value of £2,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,556 and a rental value of £1,986 per month.
If you were able to purchase this property for the estimated value of £527,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,592 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, The Ridings, Reading sits on a plot of 207m2.
We have plot size data on 33 out of 33 other houses in the postcode and 4, The Ridings, Reading sits on the 15th largest plot.
According to HM Land Registry, 4, The Ridings, Reading was last sold on 11 Apr 2019 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, The Ridings, Reading within a radius of 710 metres over the last 2 years.
The most recent example is 3, The Ridings, Reading, RG31 5BF, a Freehold house which sold for £490,000 in Sep 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridings, Tilehurst, Reading, RG31 has a total of 35 addresses. According to our analysis of all the public data, 4, The Ridings, Reading is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £96k more expensive than the average property in RG31.
4, The Ridings, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 4, The Ridings, Reading is Tilehurst station which is 2.0 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, The Ridings, Reading, 53.7% of property is privately owned with a mortgage and 31.3% 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, The Ridings, Reading, 25.1% of residents are recorded as possessing school level qualifications and 37.6% 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, The Ridings, Reading, the average age was 43.5 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, The Ridings, Reading, 0.8% 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, The Ridings, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.