According to the public record, 7, Fuchsia Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,152 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Fuchsia Close, Calcot, Reading, RG31 is located within the RG31 postal district.
7, Fuchsia Close, 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 7 Fuchsia Close Reading as £494,940 and the rental value as £2,112 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 7 Fuchsia Close Reading has decreased by £15,199 (3.1%) and its rental value has increased by £63 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 7, Fuchsia Close, Reading is in very good condition we estimate a sale value of £519,687 and rental value of £2,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £460,294 and a rental value of £1,964 per month.
If you were able to purchase this property for the estimated value of £494,940, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,432 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, Fuchsia Close, Reading was last sold on 25 Oct 2007 for £317,500 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 56.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Fuchsia Close, Reading within a radius of 650 metres over the last 2 years.
The most recent example is 16, Bay Tree Rise, Reading, RG31 4RG, a Freehold house which sold for £430,000 in May 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fuchsia Close, Calcot, Reading, RG31 has a total of 8 addresses. According to our analysis of all the public data, 7, Fuchsia Close, Reading is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in RG31.
The closest station to 7, Fuchsia Close, Reading is Theale station which is 2.3 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 7, Fuchsia Close, Reading, 67.1% of property is privately owned outright and 28.2% 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, Fuchsia Close, Reading, 13.3% of residents are recorded as possessing school level qualifications and 33.8% 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 7, Fuchsia Close, Reading, the average age was 42.4 and the most common age was 57.
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, Fuchsia Close, Reading, 1.2% 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, Fuchsia Close, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.