According to the public record, 40, Tay Road, Reading is a modern freehold house with 731 ft2 of internal area and sits on a 108 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Tay Road, Tilehurst, Reading, RG30 is located within the RG30 postal district.
40, Tay Road, Reading has a single entry in the Land Registry database from December 2012 and a single entry in the EPC database dated November 2022.
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 Tay Road Reading as £315,061 and the rental value as £1,445 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 40 Tay Road Reading has decreased by £3,198 (1.0%) and its rental value has increased by £69 per month (4.7%).
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, Tay Road, Reading is in very good condition we estimate a sale value of £330,814 and rental value of £1,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,007 and a rental value of £1,343 per month.
If you were able to purchase this property for the estimated value of £315,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,548 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, Tay Road, Reading sits on a plot of 108m2.
We have plot size data on 58 out of 70 other houses in the postcode and 40, Tay Road, Reading sits on the 12th largest plot.
According to HM Land Registry, 40, Tay Road, Reading was last sold on 20 Dec 2012 for £209,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2012, the market for similar properties has risen 62.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Tay Road, Reading within a radius of 490 metres over the last 2 years.
The most recent example is 34, Tay Road, Reading, RG30 4DR, a Freehold house which sold for £310,000 in Sep 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tay Road, Tilehurst, Reading, RG30 has a total of 98 addresses. According to our analysis of all the public data, 40, Tay Road, Reading is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in RG30.
40, Tay Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2022.
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 40, Tay Road, Reading is Tilehurst 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, Tay Road, Reading, 36.9% of property is privately owned with a mortgage and 36.9% is socially 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 40, Tay Road, Reading, 22.1% of residents are recorded as possessing school level qualifications and 41.0% 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, Tay Road, Reading, the average age was 35.9 and the most common age was 37.
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, Tay Road, Reading, 0.3% 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, Tay Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.