According to the public record, 50, Skilton Road, Reading is a mid-century freehold house with 764 ft2 of internal area and sits on a 516 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Skilton Road, Tilehurst, Reading, RG31 is located within the RG31 postal district.
50, Skilton Road, Reading has a single entry in the Land Registry database from May 2013 and a single entry in the EPC database dated May 2012.
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 50 Skilton Road Reading as £408,054 and the rental value as £1,768 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 50 Skilton Road Reading has decreased by £8,533 (2.1%) and its rental value has increased by £71 per month (4.0%).
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 50, Skilton Road, Reading is in very good condition we estimate a sale value of £428,456 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,490 and a rental value of £1,644 per month.
If you were able to purchase this property for the estimated value of £408,054, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,005 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, 50, Skilton Road, Reading sits on a plot of 516m2.
We have plot size data on 22 out of 33 other houses in the postcode and 50, Skilton Road, Reading sits on the 5th largest plot.
According to HM Land Registry, 50, Skilton Road, Reading was last sold on 24 May 2013 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2013, the market for similar properties has risen 58.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Skilton Road, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 52, Cotswold Way, Reading, RG31 6SJ, a Freehold house which sold for £316,000 in Jul 2020.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skilton Road, Tilehurst, Reading, RG31 has a total of 74 addresses. According to our analysis of all the public data, 50, Skilton Road, Reading is the 44th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in RG31.
50, Skilton Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2012.
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 50, Skilton Road, Reading is Tilehurst 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 50, Skilton Road, Reading, 50.8% of property is privately owned with a mortgage and 42.3% 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 50, Skilton Road, Reading, 17.2% of residents are recorded as possessing school level qualifications and 27.9% 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 50, Skilton Road, Reading, the average age was 43.5 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 50, Skilton Road, Reading, 0.6% 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 50, Skilton Road, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.