According to the public record, 63, Balmore Park, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,606 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Balmore Park, Caversham, Reading, RG4 is located within the RG4 postal district.
63, Balmore Park, Reading has a single entry in the Land Registry database from October 2007 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 63 Balmore Park Reading as £739,076 and the rental value as £2,336 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 63 Balmore Park Reading has decreased by £15,275 (2.1%) and its rental value has increased by £71 per month (3.0%).
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 63, Balmore Park, Reading is in very good condition we estimate a sale value of £776,029 and rental value of £2,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £687,340 and a rental value of £2,172 per month.
If you were able to purchase this property for the estimated value of £739,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,632 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, 63, Balmore Park, Reading was last sold on 12 Oct 2007 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, 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 63, Balmore Park, Reading within a radius of 630 metres over the last 2 years.
The most recent example is 225, Hemdean Road, Reading, RG4 7QX, a Freehold house which sold for £590,000 in Jun 2021.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmore Park, Caversham, Reading, RG4 has a total of 52 addresses. According to our analysis of all the public data, 63, Balmore Park, Reading is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in RG4.
The closest station to 63, Balmore Park, Reading is Reading 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 63, Balmore Park, Reading, 45.2% of property is privately owned outright and 41.3% 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 63, Balmore Park, Reading, 23.5% of residents are recorded as possessing school level qualifications and 55.3% 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 63, Balmore Park, Reading, the average age was 41 and the most common age was 42.
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 63, Balmore Park, 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 63, Balmore Park, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.