According to the public record, 5, Cumberland Road, Reading is a period freehold house with 882 ft2 of internal area and sits on a 87 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cumberland Road, Reading, RG1 is located within the RG1 postal district.
5, Cumberland Road, Reading has 21 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated June 2019.
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 Cumberland Road Reading as £293,650 and the rental value as £1,430 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 5 Cumberland Road Reading has decreased by £2,386 (0.8%) and its rental value has increased by £69 per month (4.9%).
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, Cumberland Road, Reading is in very good condition we estimate a sale value of £308,332 and rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,094 and a rental value of £1,330 per month.
If you were able to purchase this property for the estimated value of £293,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,443 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, Cumberland Road, Reading sits on a plot of 87m2.
We have plot size data on 43 out of 56 other houses in the postcode and 5, Cumberland Road, Reading sits on the 42nd largest plot.
According to HM Land Registry, 5, Cumberland Road, Reading was last sold on 20 Sep 2019 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2019, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cumberland Road, Reading within a radius of 330 metres over the last 2 years.
The most recent example is 5, Granby Gardens, Reading, RG1 5RT, a Freehold house which sold for £285,000 in Dec 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cumberland Road, Reading, RG1 has a total of 161 addresses. According to our analysis of all the public data, 5, Cumberland Road, Reading is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in RG1.
5, Cumberland Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 2019.
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, Cumberland Road, Reading is Reading station which is 1.6 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, Cumberland Road, Reading, 51.1% of property is privately rented and 18.9% 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, Cumberland Road, Reading, 17.4% of residents are recorded as possessing school level qualifications and 34.6% 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 5, Cumberland Road, Reading, the average age was 33.3 and the most common age was 22.
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, Cumberland Road, 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, Cumberland Road, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.