According to the public record, 45, Newbery Close, Reading is a mid-century freehold house with 828 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newbery Close, Tilehurst, Reading, RG31 is located within the RG31 postal district.
45, Newbery Close, Reading has 51 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated January 2020.
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 45 Newbery Close Reading as £358,131 and the rental value as £1,720 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 45 Newbery Close Reading has decreased by £5,675 (1.6%) and its rental value has increased by £79 per month (4.6%).
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 45, Newbery Close, Reading is in very good condition we estimate a sale value of £376,038 and rental value of £1,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,062 and a rental value of £1,600 per month.
If you were able to purchase this property for the estimated value of £358,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,760 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, 45, Newbery Close, Reading sits on a plot of 141m2.
We have plot size data on 25 out of 43 other houses in the postcode and 45, Newbery Close, Reading sits on the 24th largest plot.
According to HM Land Registry, 45, Newbery Close, Reading was last sold on 20 Nov 2020 for £335,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Nov 2020, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Newbery Close, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 2, Newbery Close, Reading, RG31 6JN, a Freehold house which sold for £351,000 in Dec 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newbery Close, Tilehurst, Reading, RG31 has a total of 49 addresses. According to our analysis of all the public data, 45, Newbery Close, Reading is the 16th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in RG31.
45, Newbery Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jan 2020.
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 45, Newbery Close, Reading is Tilehurst station which is 1.0 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 45, Newbery Close, Reading, 44.8% of property is privately owned with a mortgage and 41.3% 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 45, Newbery Close, Reading, 16.6% of residents are recorded as possessing school level qualifications and 33.6% 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 45, Newbery Close, Reading, the average age was 41.7 and the most common age was 52.
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 45, Newbery Close, 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 45, Newbery Close, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.