According to the public record, 42, Maine Street, Reading is a modern freehold house with 1,248 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Maine Street, Reading, RG2 is located within the RG2 postal district.
42, Maine Street, Reading has 2 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated November 2019.
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 good condition, we estimate the current sale value for 42 Maine Street Reading as £529,138 and the rental value as £2,063 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 42 Maine Street Reading has decreased by £14,730 (2.8%) and its rental value has increased by £59 per month (2.8%).
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 42, Maine Street, Reading is in very good condition we estimate a sale value of £555,595 and rental value of £2,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,098 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £529,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,601 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, 42, Maine Street, Reading sits on a plot of 107m2.
We have plot size data on 49 out of 55 other houses in the postcode and 42, Maine Street, Reading sits on the 21st largest plot.
According to HM Land Registry, 42, Maine Street, Reading was last sold on 28 Feb 2022 for £540,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Maine Street, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 45, Maine Street, Reading, RG2 6AG, a Freehold house which sold for £550,000 in Oct 2023.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maine Street, Reading, RG2 has a total of 119 addresses. According to our analysis of all the public data, 42, Maine Street, Reading is the 65th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in RG2.
42, Maine Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 42, Maine Street, Reading is Reading Green Park station which is 300 metres 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 42, Maine Street, Reading, 70.1% of property is socially rented and 13.9% 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 42, Maine Street, Reading, 33.4% of residents are recorded as possessing school level qualifications and 21.7% 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 42, Maine Street, Reading, the average age was 34.2 and the most common age was 32.
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 42, Maine Street, Reading, 0.8% 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 42, Maine Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.