According to the public record, 5, Sovereign Park, Reading is a modern freehold house with 1,894 ft2 of internal area and sits on a 594 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Sovereign Park, Tilehurst, Reading, RG31 is located within the RG31 postal district.
5, Sovereign Park, Reading has 21 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated November 2020.
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 Sovereign Park Reading as £664,676 and the rental value as £2,792 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 5 Sovereign Park Reading has decreased by £22,551 (3.4%) and its rental value has increased by £75 per month (2.7%).
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, Sovereign Park, Reading is in very good condition we estimate a sale value of £697,909 and rental value of £2,931 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £618,148 and a rental value of £2,596 per month.
If you were able to purchase this property for the estimated value of £664,676, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,267 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, Sovereign Park, Reading sits on a plot of 594m2.
We have plot size data on 2 out of 5 other houses in the postcode and 5, Sovereign Park, Reading sits on the largest plot.
According to HM Land Registry, 5, Sovereign Park, Reading was last sold on 16 Apr 2022 for £715,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Sovereign Park, Reading within a radius of 560 metres over the last 2 years.
The most recent example is 47, Victoria Road, Reading, RG31 5AB, a Freehold house which sold for £665,000 in Nov 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sovereign Park, Tilehurst, Reading, RG31 has a total of 5 addresses. According to our analysis of all the public data, 5, Sovereign Park, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £233k more expensive than the average property in RG31.
5, Sovereign Park, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2020.
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, Sovereign Park, Reading is Tilehurst 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, Sovereign Park, Reading, 44.1% of property is privately owned with a mortgage and 42.4% is privately owned outright.
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, Sovereign Park, Reading, 22.3% of residents are recorded as possessing school level qualifications and 43.5% 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, Sovereign Park, Reading, the average age was 41.7 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, Sovereign Park, 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, Sovereign Park, 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.