According to the public record, 42, Surrey Road, Reading is a period freehold house and with 1,130 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Surrey Road, Reading, RG2 is located within the RG2 postal district.
42, Surrey Road, Reading has 2 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated July 2018.
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 42 Surrey Road Reading as £367,447 and the rental value as £1,748 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 42 Surrey Road Reading has decreased by £7,294 (2.0%) and its rental value has increased by £64 per month (3.7%).
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 42, Surrey Road, Reading is in very good condition we estimate a sale value of £385,819 and rental value of £1,835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £341,725 and a rental value of £1,626 per month.
If you were able to purchase this property for the estimated value of £367,447, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,806 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 HM Land Registry, 42, Surrey Road, Reading was last sold on 15 Mar 2019 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Surrey Road, Reading within a radius of 196m over the last 2 years.
The most recent example is 50, Northumberland Avenue, Reading, RG2 7PW, a Freehold house which sold for £360,000 in Feb 2024.
Read more about house prices in RG2.
Surrey Road, Reading, RG2 has a total of 51 addresses. According to our analysis of all the public data, 42, Surrey Road, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £594 more expensive than the average property in RG2.
42, Surrey Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2018.
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 42, Surrey Road, Reading is Reading station which is 2.1 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 42, Surrey Road, Reading, 35.5% of property is privately rented and 30.0% 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 42, Surrey Road, Reading, 21.9% of residents are recorded as possessing school level qualifications and 47.8% 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, Surrey 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 42, Surrey Road, Reading, 0.4% 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, Surrey Road, 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.