According to the public record, 40, Morgan Road, Reading is a period house with 1,377 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Morgan Road, Reading, RG1 is located within the RG1 postal district.
40, Morgan Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
We combine this information with public data 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 Morgan Road Reading as £623,787 and the rental value as £2,291 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 40 Morgan Road Reading has decreased by £15,850 (2.5%) and its rental value has increased by £71 per month (3.1%).
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, Morgan Road, Reading is in very good condition we estimate a sale value of £654,977 and rental value of £2,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £580,122 and a rental value of £2,130 per month.
If you were able to purchase this property for the estimated value of £623,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,066 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, Morgan Road, Reading sits on a plot of 383m2.
We have plot size data on 12 out of 22 other houses in the postcode and 40, Morgan Road, Reading sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Morgan Road, Reading within a radius of 500 metres over the last 2 years.
The most recent example is 16, Allcroft Road, Reading, RG1 5HH, a Freehold house which sold for £515,000 in Nov 2020.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morgan Road, Reading, RG1 has a total of 44 addresses. According to our analysis of all the public data, 40, Morgan Road, Reading is the 37th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £328k more expensive than the average property in RG1.
40, Morgan Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jan 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 40, Morgan Road, Reading is Reading station which is 1.5 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, Morgan Road, Reading, 43.0% of property is privately rented and 28.9% 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, Morgan Road, Reading, 45.5% of residents are recorded as possessing school level qualifications and 51.0% 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 40, Morgan Road, Reading, the average age was 33.9 and the most common age was 22.
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, Morgan Road, Reading, 2.3% 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, Morgan Road, 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.