According to the public record, 61, Larchside Close, Reading is a modern leasehold house with 796 ft2 of internal area and sits on a 215 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Larchside Close, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
61, Larchside Close, Reading has 51 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated October 2019.
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 61 Larchside Close Reading as £350,380 and the rental value as £1,603 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 61 Larchside Close Reading has decreased by £2,844 (0.8%) and its rental value has increased by £79 per month (4.9%).
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, Larchside Close, Reading is in very good condition we estimate a sale value of £367,899 and rental value of £1,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,853 and a rental value of £1,490 per month.
If you were able to purchase this property for the estimated value of £350,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,722 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, 61, Larchside Close, Reading sits on a plot of 215m2.
We have plot size data on 41 out of 46 other houses in the postcode and 61, Larchside Close, Reading sits on the 26th largest plot.
According to HM Land Registry, 61, Larchside Close, Reading was last sold on 17 Mar 2020 for £180,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Mar 2020, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Larchside Close, Reading within a radius of 920 metres over the last 2 years.
The most recent example is 8, Magill Close, Reading, RG7 1BW, a Freehold house which sold for £403,000 in Oct 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larchside Close, Spencers Wood, Reading, RG7 has a total of 70 addresses. According to our analysis of all the public data, 61, Larchside Close, Reading is the 11th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in RG7.
61, Larchside Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Oct 2019.
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 61, Larchside Close, Reading is Reading Green Park station which is 4.2 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, Larchside Close, Reading, 39.2% of property is shared ownership and 30.8% 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 61, Larchside Close, Reading, 14.6% of residents are recorded as possessing school level qualifications and 33.9% 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 61, Larchside Close, 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, Larchside Close, 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, Larchside Close, 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.