According to the public record, 7, Crown Lane, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 789 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Crown Lane, Theale, Reading, RG7 is located within the RG7 postal district.
7, Crown Lane, Reading has 31 entries in the Land Registry database, most recently in May 2013 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 7 Crown Lane Reading as £386,790 and the rental value as £1,685 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 7 Crown Lane Reading has decreased by £1,427 (0.4%) and its rental value has increased by £97 per month (5.8%).
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 7, Crown Lane, Reading is in very good condition we estimate a sale value of £406,129 and rental value of £1,769 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,714 and a rental value of £1,567 per month.
If you were able to purchase this property for the estimated value of £386,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 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, 7, Crown Lane, Reading was last sold on 17 May 2013 for £217,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2013, the market for similar properties has risen 63.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Crown Lane, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 8, Blossom Lane, Reading, RG7 5BD, a Freehold house which sold for £450,000 in Oct 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crown Lane, Theale, Reading, RG7 has a total of 51 addresses. According to our analysis of all the public data, 7, Crown Lane, Reading is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in RG7.
The closest station to 7, Crown Lane, Reading is Theale station which is 600 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 7, Crown Lane, Reading, 32.8% of property is privately owned outright and 26.9% 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 7, Crown Lane, Reading, 16.7% of residents are recorded as possessing school level qualifications and 29.3% 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 7, Crown Lane, Reading, the average age was 41.2 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 7, Crown Lane, Reading, 1.1% 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 7, Crown Lane, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.