According to the public record, 6, Oakham Close, Reading is a mid-century freehold house with 1,743 ft2 of internal area and sits on a 614 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Oakham Close, Tilehurst, Reading, RG31 is located within the RG31 postal district.
6, Oakham Close, Reading has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated April 2024.
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 Oakham Close Reading as £680,528 and the rental value as £2,702 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 6 Oakham Close Reading has decreased by £21,200 (3.1%) and its rental value has increased by £76 per month (2.8%).
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 6, Oakham Close, Reading is in very good condition we estimate a sale value of £714,555 and rental value of £2,838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £632,891 and a rental value of £2,513 per month.
If you were able to purchase this property for the estimated value of £680,528, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,345 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, Oakham Close, Reading sits on a plot of 614m2.
We have plot size data on 8 out of 11 other houses in the postcode and 6, Oakham Close, Reading sits on the 7th largest plot.
According to HM Land Registry, 6, Oakham Close, Reading was last sold on 01 Sep 2023 for £750,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Oakham Close, Reading within a radius of 650 metres over the last 2 years.
The most recent example is 78, Oak Tree Road, Reading, RG31 6JY, a Freehold house which sold for £820,000 in Feb 2024.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakham Close, Tilehurst, Reading, RG31 has a total of 11 addresses. According to our analysis of all the public data, 6, Oakham Close, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £249k more expensive than the average property in RG31.
6, Oakham Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2024.
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, Oakham Close, Reading is Tilehurst station which is 800 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 6, Oakham Close, Reading, 53.5% of property is privately owned outright and 39.7% 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 6, Oakham Close, Reading, 17.7% of residents are recorded as possessing school level qualifications and 42.8% 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, Oakham Close, 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 6, Oakham Close, Reading, 2.0% 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 6, Oakham Close, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.