According to the public record, 5, Sage Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 925 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Sage Road, Tilehurst, Reading, RG31 is located within the RG31 postal district.
5, Sage Road, Reading has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Sage Road Reading as £398,954 and the rental value as £1,808 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 5 Sage Road Reading has decreased by £7,305 (1.8%) and its rental value has increased by £76 per month (4.2%).
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, Sage Road, Reading is in very good condition we estimate a sale value of £418,901 and rental value of £1,898 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,027 and a rental value of £1,681 per month.
If you were able to purchase this property for the estimated value of £398,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,961 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 HM Land Registry, 5, Sage Road, Reading was last sold on 27 Jan 2006 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Sage Road, Reading within a radius of 630 metres over the last 2 years.
The most recent example is 11, The Hydes, Reading, RG31 6GD, a Freehold house which sold for £390,000 in Sep 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sage Road, Tilehurst, Reading, RG31 has a total of 12 addresses. According to our analysis of all the public data, 5, Sage Road, Reading is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in RG31.
The closest station to 5, Sage Road, Reading is Tilehurst station which is 1.2 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, Sage Road, Reading, 50.4% of property is privately owned outright and 36.8% 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, Sage Road, Reading, 17.2% of residents are recorded as possessing school level qualifications and 30.8% 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, Sage Road, Reading, the average age was 43.9 and the most common age was 52.
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, Sage 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, Sage Road, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.