According to the public record, 48, Elm Park, Reading is a modern freehold house with 613 ft2 of internal area and sits on a 116 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Elm Park, Reading, RG30 is located within the RG30 postal district.
48, Elm Park, Reading has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated April 2021.
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 48 Elm Park Reading as £284,748 and the rental value as £1,291 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 48 Elm Park Reading has increased by £589 (0.2%) and its rental value has increased by £78 per month (6.0%).
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 48, Elm Park, Reading is in very good condition we estimate a sale value of £298,986 and rental value of £1,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,816 and a rental value of £1,200 per month.
If you were able to purchase this property for the estimated value of £284,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,399 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, 48, Elm Park, Reading sits on a plot of 116m2.
We have plot size data on 35 out of 43 other houses in the postcode and 48, Elm Park, Reading sits on the 34th largest plot.
According to HM Land Registry, 48, Elm Park, Reading was last sold on 18 Jun 2021 for £255,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Elm Park, Reading within a radius of 430 metres over the last 2 years.
The most recent example is 49, Kent Road, Reading, RG30 2EJ, a Freehold house which sold for £279,950 in Nov 2022.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Park, Reading, RG30 has a total of 144 addresses. According to our analysis of all the public data, 48, Elm Park, Reading is the 115th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in RG30.
48, Elm Park, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2021.
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 48, Elm Park, Reading is Reading West station which is 800 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 48, Elm Park, Reading, 39.4% of property is privately rented and 29.6% is socially 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 48, Elm Park, Reading, 20.4% of residents are recorded as possessing school level qualifications and 39.4% 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 48, Elm Park, Reading, the average age was 36.7 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 48, Elm Park, Reading, 0.6% 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 48, Elm Park, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.