According to the public record, 40, Gemini Road, Reading is a modern freehold house with 1,044 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gemini Road, Woodley, Reading, RG5 is located within the RG5 postal district.
40, Gemini Road, Reading has a single entry in the Land Registry database from September 2016 and a single entry in the EPC database dated August 2016.
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 40 Gemini Road Reading as £496,567 and the rental value as £1,788 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 40 Gemini Road Reading has decreased by £5,402 (1.1%) and its rental value has increased by £57 per month (3.2%).
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, Gemini Road, Reading is in very good condition we estimate a sale value of £521,396 and rental value of £1,878 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,808 and a rental value of £1,663 per month.
If you were able to purchase this property for the estimated value of £496,567, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,440 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, 40, Gemini Road, Reading sits on a plot of 300m2.
We have plot size data on 65 out of 65 other houses in the postcode and 40, Gemini Road, Reading sits on the 14th largest plot.
According to HM Land Registry, 40, Gemini Road, Reading was last sold on 23 Sep 2016 for £438,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2016, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Gemini Road, Reading within a radius of 550 metres over the last 2 years.
The most recent example is 35, Gemini Road, Reading, RG5 4TF, a Freehold house which sold for £460,000 in Mar 2021.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gemini Road, Woodley, Reading, RG5 has a total of 65 addresses. According to our analysis of all the public data, 40, Gemini Road, Reading is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in RG5.
40, Gemini Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Aug 2016.
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 40, Gemini Road, Reading is Winnersh Triangle station which is 1.8 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, Gemini Road, Reading, 53.7% of property is privately owned outright and 37.2% is privately owned with a mortgage.
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, Gemini Road, Reading, 22.3% of residents are recorded as possessing school level qualifications and 33.5% 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, Gemini Road, Reading, the average age was 40.3 and the most common age was 7.
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, Gemini Road, Reading, 2.1% 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, Gemini Road, 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.