According to the public record, 47, Albert Road, Reading is a period freehold house with 2,228 ft2 of internal area and sits on a 604 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Albert Road, Caversham, Reading, RG4 is located within the RG4 postal district.
47, Albert Road, Reading has 2 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated May 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 47 Albert Road Reading as £956,984 and the rental value as £2,679 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 47 Albert Road Reading has decreased by £15,445 (1.6%) and its rental value has increased by £95 per month (3.6%).
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 47, Albert Road, Reading is in very good condition we estimate a sale value of £1,004,833 and rental value of £2,813 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £889,995 and a rental value of £2,492 per month.
If you were able to purchase this property for the estimated value of £956,984, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,703 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, 47, Albert Road, Reading sits on a plot of 604m2.
We have plot size data on 12 out of 20 other houses in the postcode and 47, Albert Road, Reading sits on the 3rd largest plot.
According to HM Land Registry, 47, Albert Road, Reading was last sold on 05 Apr 2018 for £877,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2018, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Albert Road, Reading within a radius of 650 metres over the last 2 years.
The most recent example is 71, Albert Road, Reading, RG4 7AW, a Freehold house which sold for £1,050,000 in Sep 2020.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Caversham, Reading, RG4 has a total of 135 addresses. According to our analysis of all the public data, 47, Albert Road, Reading is the 27th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £392k more expensive than the average property in RG4.
47, Albert Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 May 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 47, Albert Road, Reading is Reading station which is 2.0 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 47, Albert Road, Reading, 49.2% of property is privately owned outright and 43.0% 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 47, Albert Road, Reading, 24.7% of residents are recorded as possessing school level qualifications and 68.5% 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 47, Albert Road, Reading, the average age was 42.5 and the most common age was 47.
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 47, Albert Road, Reading, 2.5% 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 47, Albert Road, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.