According to the public record, 61, Beatty Rise, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,091 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Beatty Rise, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
61, Beatty Rise, Reading has a single entry in the Land Registry database from May 2008 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 61 Beatty Rise Reading as £647,289 and the rental value as £2,231 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 61 Beatty Rise Reading has decreased by £14,802 (2.3%) and its rental value has increased by £64 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 61, Beatty Rise, Reading is in very good condition we estimate a sale value of £679,653 and rental value of £2,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £601,978 and a rental value of £2,075 per month.
If you were able to purchase this property for the estimated value of £647,289, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,181 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, 61, Beatty Rise, Reading was last sold on 19 May 2008 for £499,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 70.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Beatty Rise, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Woodlark House, Basingstoke Road, Reading, RG7 1PH, a Freehold house which sold for £750,000 in May 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beatty Rise, Spencers Wood, Reading, RG7 has a total of 68 addresses. According to our analysis of all the public data, 61, Beatty Rise, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in RG7.
The closest station to 61, Beatty Rise, Reading is Mortimer station which is 4.4 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 61, Beatty Rise, Reading, 40.6% of property is privately owned with a mortgage and 21.9% is shared ownership.
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 61, Beatty Rise, Reading, 23.1% of residents are recorded as possessing school level qualifications and 37.8% 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 61, Beatty Rise, Reading, the average age was 37.6 and the most common age was 32.
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 61, Beatty Rise, 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 61, Beatty Rise, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.