According to the public record, 5, Briar Lea Road, Reading is a period freehold house with 1,872 ft2 of internal area and sits on a 539 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Briar Lea Road, Mortimer Common, Reading, RG7 is located within the RG7 postal district.
5, Briar Lea Road, Reading has 21 entries in the Land Registry database, most recently in August 2009 and a single entry in the EPC database dated January 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 5 Briar Lea Road Reading as £689,537 and the rental value as £2,230 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 5 Briar Lea Road Reading has decreased by £21,934 (3.2%) and its rental value has increased by £46 per month (2.1%).
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 5, Briar Lea Road, Reading is in very good condition we estimate a sale value of £724,013 and rental value of £2,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,269 and a rental value of £2,074 per month.
If you were able to purchase this property for the estimated value of £689,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,389 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, 5, Briar Lea Road, Reading sits on a plot of 539m2.
We have plot size data on 15 out of 21 other houses in the postcode and 5, Briar Lea Road, Reading sits on the 3rd largest plot.
According to HM Land Registry, 5, Briar Lea Road, Reading was last sold on 26 Aug 2009 for £460,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2009, the market for similar properties has risen 63.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Briar Lea Road, Reading within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 46, King Street, Reading, RG7 3RS, a Freehold house which sold for £735,000 in Apr 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Briar Lea Road, Mortimer Common, Reading, RG7 has a total of 26 addresses. According to our analysis of all the public data, 5, Briar Lea Road, Reading is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £165k more expensive than the average property in RG7.
5, Briar Lea Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jan 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 5, Briar Lea Road, Reading is Mortimer station which is 2.3 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 5, Briar Lea Road, Reading, 47.9% of property is privately owned outright and 35.7% 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 5, Briar Lea Road, Reading, 21.7% of residents are recorded as possessing school level qualifications and 41.5% 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 5, Briar Lea Road, Reading, the average age was 42.7 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 5, Briar Lea Road, 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 5, Briar Lea 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.