According to the public record, 61, Milman Road, Reading is a period freehold house with 710 ft2 of internal area and sits on a 98 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Milman Road, Reading, RG2 is located within the RG2 postal district.
61, Milman Road, Reading has 51 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated July 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 Milman Road Reading as £307,538 and the rental value as £1,448 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 61 Milman Road Reading has decreased by £1,067 (0.3%) and its rental value has increased by £78 per month (5.4%).
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 61, Milman Road, Reading is in very good condition we estimate a sale value of £322,915 and rental value of £1,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,010 and a rental value of £1,346 per month.
If you were able to purchase this property for the estimated value of £307,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,511 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, Milman Road, Reading sits on a plot of 98m2.
We have plot size data on 15 out of 27 other houses in the postcode and 61, Milman Road, Reading sits on the 20th largest plot.
According to HM Land Registry, 61, Milman Road, Reading was last sold on 07 Oct 2019 for £275,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Oct 2019, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Milman Road, Reading within a radius of 420 metres over the last 2 years.
The most recent example is 37, Milman Road, Reading, RG2 0AZ, a Freehold house which sold for £290,000 in Sep 2023.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milman Road, Reading, RG2 has a total of 105 addresses. According to our analysis of all the public data, 61, Milman Road, Reading is the 44th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in RG2.
61, Milman Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 61, Milman Road, Reading is Reading station which is 1.7 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, Milman Road, Reading, 50.0% of property is privately rented and 25.4% is privately owned outright.
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, Milman Road, Reading, 22.3% of residents are recorded as possessing school level qualifications and 43.0% 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, Milman Road, Reading, the average age was 33.9 and the most common age was 22.
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, Milman Road, Reading, 0.3% 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, Milman Road, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.