According to the public record, 59, School Drive, Reading is a modern freehold house with 882 ft2 of internal area and sits on a 217 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
School Drive, Woodley, Reading, RG5 is located within the RG5 postal district.
59, School Drive, Reading has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated March 2022.
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 59 School Drive Reading as £390,844 and the rental value as £1,593 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 59 School Drive Reading has increased by £1,090 (0.3%) and its rental value has increased by £74 per month (4.6%).
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 59, School Drive, Reading is in very good condition we estimate a sale value of £410,387 and rental value of £1,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,485 and a rental value of £1,481 per month.
If you were able to purchase this property for the estimated value of £390,844, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,921 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, 59, School Drive, Reading sits on a plot of 217m2.
We have plot size data on 33 out of 43 other houses in the postcode and 59, School Drive, Reading sits on the 10th largest plot.
According to HM Land Registry, 59, School Drive, Reading was last sold on 30 Mar 2007 for £274,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 66.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, School Drive, Reading within a radius of 570 metres over the last 2 years.
The most recent example is 2, School Drive, Reading, RG5 3PZ, a Freehold house which sold for £425,000 in Jan 2023.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Drive, Woodley, Reading, RG5 has a total of 63 addresses. According to our analysis of all the public data, 59, School Drive, Reading is the 25th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in RG5.
59, School Drive, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2022.
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 59, School Drive, Reading is Earley station which is 900 metres 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 59, School Drive, Reading, 55.1% of property is socially rented and 16.0% 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 59, School Drive, Reading, 26.6% of residents are recorded as possessing school level qualifications and 28.9% 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 59, School Drive, Reading, the average age was 40.3 and the most common age was 7.
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 59, School Drive, 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 59, School Drive, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.