According to the public record, 5, Stretton Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,301 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Stretton Close, Bradfield Southend, Reading, RG7 is located within the RG7 postal district.
5, Stretton Close, Reading has 31 entries in the Land Registry database, most recently in December 2009 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 Stretton Close Reading as £582,963 and the rental value as £2,086 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Stretton Close Reading has decreased by £15,478 (2.7%) and its rental value has increased by £38 per month (1.8%).
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, Stretton Close, Reading is in very good condition we estimate a sale value of £612,111 and rental value of £2,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £542,155 and a rental value of £1,940 per month.
If you were able to purchase this property for the estimated value of £582,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,865 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, Stretton Close, Reading was last sold on 18 Dec 2009 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2009, the market for similar properties has risen 61.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Stretton Close, Reading within a radius of 3.7 kilometres over the last 2 years.
The most recent example is White Oaks, Southend Road, Reading, RG7 6ES, a Freehold house which sold for £715,000 in Nov 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stretton Close, Bradfield Southend, Reading, RG7 has a total of 18 addresses. According to our analysis of all the public data, 5, Stretton Close, Reading is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in RG7.
The closest station to 5, Stretton Close, Reading is Aldermaston station which is 3.2 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, Stretton Close, Reading, 48.6% of property is privately owned outright and 42.3% 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, Stretton Close, Reading, 14.1% of residents are recorded as possessing school level qualifications and 50.9% 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, Stretton Close, Reading, the average age was 42 and the most common age was 17.
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, Stretton Close, Reading, 3.0% 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, Stretton Close, Reading, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.