According to the public record, 6, Kerris Way, Reading is a modern freehold house with 1,786 ft2 of internal area and sits on a 502 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Kerris Way, Earley, Reading, RG6 is located within the RG6 postal district.
6, Kerris Way, Reading has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated September 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 6 Kerris Way Reading as £785,931 and the rental value as £2,471 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 6 Kerris Way Reading has decreased by £18,925 (2.4%) and its rental value has increased by £59 per month (2.4%).
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 6, Kerris Way, Reading is in very good condition we estimate a sale value of £825,227 and rental value of £2,595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £730,916 and a rental value of £2,298 per month.
If you were able to purchase this property for the estimated value of £785,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,863 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, 6, Kerris Way, Reading sits on a plot of 502m2.
We have plot size data on 24 out of 49 other houses in the postcode and 6, Kerris Way, Reading sits on the 12th largest plot.
According to HM Land Registry, 6, Kerris Way, Reading was last sold on 17 Dec 2020 for £760,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Kerris Way, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 1, Kerris Way, Reading, RG6 5UW, a Freehold house which sold for £825,000 in Jul 2023.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kerris Way, Earley, Reading, RG6 has a total of 49 addresses. According to our analysis of all the public data, 6, Kerris Way, Reading is the 19th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £312k more expensive than the average property in RG6.
6, Kerris Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Sep 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 6, Kerris Way, Reading is Earley station which is 1.8 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 6, Kerris Way, Reading, 34.3% of property is privately owned outright and 30.1% is socially rented.
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 6, Kerris Way, Reading, 18.9% of residents are recorded as possessing school level qualifications and 52.5% 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 6, Kerris Way, Reading, the average age was 38.8 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 6, Kerris Way, Reading, 0.9% 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 6, Kerris Way, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.