According to the public record, 41, Stanhope Road, Reading is a mid-century freehold house and with 1,033 ft2 of internal area and sits on a 324 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Stanhope Road, Reading, RG2 is located within the RG2 postal district.
41, Stanhope Road, Reading has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated June 2017.
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 41 Stanhope Road Reading as £403,529 and the rental value as £1,808 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 41 Stanhope Road Reading has increased by £2 (0.0%) and its rental value has increased by £104 per month (5.7%).
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 41, Stanhope Road, Reading is in very good condition we estimate a sale value of £423,706 and rental value of £1,898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £375,282 and a rental value of £1,681 per month.
If you were able to purchase this property for the estimated value of £403,529, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,983 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, 41, Stanhope Road, Reading sits on a plot of 324m2.
We have plot size data on 18 out of 20 other houses in the postcode and 41, Stanhope Road, Reading sits on the 9th largest plot.
According to HM Land Registry, 41, Stanhope Road, Reading was last sold on 14 Dec 2018 for £340,300 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Stanhope Road, Reading within a radius of 74m over the last 2 years.
The most recent example is 51, Stanhope Road, Reading, RG2 7HW, a Freehold house which sold for £364,100 in May 2023.
Read more about house prices in RG2.
Stanhope Road, Reading, RG2 has a total of 101 addresses. According to our analysis of all the public data, 41, Stanhope Road, Reading is the 15th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in RG2.
41, Stanhope Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2017.
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 41, Stanhope Road, Reading is Reading station which is 2.6 km 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 41, Stanhope Road, Reading, 58.6% of property is socially rented and 18.8% is privately 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 41, Stanhope Road, Reading, 31.5% of residents are recorded as possessing school level qualifications and 23.5% 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 41, Stanhope Road, Reading, the average age was 32.4 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 41, Stanhope 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 41, Stanhope Road, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.