According to the public record, 5, Briars Close, Reading is a mid-century freehold house with 987 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Briars Close, Pangbourne, Reading, RG8 is located within the RG8 postal district.
5, Briars Close, Reading has 4 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated May 2010.
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 Briars Close Reading as £517,979 and the rental value as £2,110 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Briars Close Reading has increased by £6,620 (1.3%) and its rental value has increased by £145 per month (6.9%).
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, Briars Close, Reading is in very good condition we estimate a sale value of £543,878 and rental value of £2,216 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,720 and a rental value of £1,962 per month.
If you were able to purchase this property for the estimated value of £517,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,546 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, Briars Close, Reading sits on a plot of 272m2.
We have plot size data on 17 out of 26 other houses in the postcode and 5, Briars Close, Reading sits on the 12th largest plot.
According to HM Land Registry, 5, Briars Close, Reading was last sold on 22 Feb 2019 for £550,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2019, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Briars Close, Reading within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 26, Briars Close, Reading, RG8 7LH, a Freehold house which sold for £450,000 in Oct 2020.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Briars Close, Pangbourne, Reading, RG8 has a total of 26 addresses. According to our analysis of all the public data, 5, Briars Close, Reading is the 21st largest and the 20th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in RG8.
5, Briars Close, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 May 2010.
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, Briars Close, Reading is Pangbourne station which is 1.1 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, Briars Close, Reading, 35.3% of property is privately owned outright and 27.5% 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, Briars Close, Reading, 24.9% of residents are recorded as possessing school level qualifications and 33.1% 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, Briars Close, Reading, the average age was 43.7 and the most common age was 57.
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, Briars Close, Reading, 0.0% 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, Briars Close, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.