According to the public record, 40, Beech Lane, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 970 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Beech Lane, Earley, Reading, RG6 is located within the RG6 postal district.
40, Beech Lane, Reading has 3 entries in the Land Registry database, most recently in August 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Beech Lane Reading as £563,218 and the rental value as £1,760 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 40 Beech Lane Reading has decreased by £11,052 (2.0%) and its rental value has increased by £50 per month (2.9%).
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 40, Beech Lane, Reading is in very good condition we estimate a sale value of £591,379 and rental value of £1,848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,793 and a rental value of £1,637 per month.
If you were able to purchase this property for the estimated value of £563,218, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,768 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 HM Land Registry, 40, Beech Lane, Reading was last sold on 29 Aug 2014 for £360,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2014, the market for similar properties has risen 32.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Beech Lane, Reading within a radius of 790 metres over the last 2 years.
The most recent example is 3, Beech Lane, Reading, RG6 5PT, a Freehold house which sold for £595,000 in Dec 2021.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Lane, Earley, Reading, RG6 has a total of 125 addresses. According to our analysis of all the public data, 40, Beech Lane, Reading is the 95th largest and the 94th most expensive property on the street.
When compared to the postcode district it is £89k more expensive than the average property in RG6.
The closest station to 40, Beech Lane, Reading is Earley station which is 1.2 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 40, Beech Lane, Reading, 59.4% of property is privately owned with a mortgage and 33.8% 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 40, Beech Lane, Reading, 27.8% of residents are recorded as possessing school level qualifications and 48.4% 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 40, Beech Lane, Reading, the average age was 38.8 and the most common age was 17.
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 40, Beech Lane, Reading, 0.5% 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 40, Beech Lane, 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.