According to the public record, 7, Pierces Hill, Reading is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pierces Hill, Tilehurst, Reading, RG31 is located within the RG31 postal district.
7, Pierces Hill, Reading has a single entry in the Land Registry database from April 2015 and a single entry in the EPC database dated October 2014.
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 7 Pierces Hill Reading as £449,353 and the rental value as £2,028 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Pierces Hill Reading has decreased by £12,773 (2.8%) and its rental value has increased by £65 per month (3.2%).
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, Pierces Hill, Reading is in very good condition we estimate a sale value of £471,820 and rental value of £2,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,898 and a rental value of £1,886 per month.
If you were able to purchase this property for the estimated value of £449,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,208 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, 7, Pierces Hill, Reading sits on a plot of 277m2.
We have plot size data on 30 out of 45 other houses in the postcode and 7, Pierces Hill, Reading sits on the 21st largest plot.
According to HM Land Registry, 7, Pierces Hill, Reading was last sold on 10 Apr 2015 for £335,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2015, the market for similar properties has risen 24.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Pierces Hill, Reading within a radius of 570 metres over the last 2 years.
The most recent example is 9, Pierces Hill, Reading, RG31 6RB, a Freehold house which sold for £378,500 in May 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pierces Hill, Tilehurst, Reading, RG31 has a total of 48 addresses. According to our analysis of all the public data, 7, Pierces Hill, Reading is the 6th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in RG31.
7, Pierces Hill, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Oct 2014.
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 7, Pierces Hill, Reading is Tilehurst station which is 1.4 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, Pierces Hill, Reading, 44.1% of property is privately owned with a mortgage and 37.8% 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 7, Pierces Hill, Reading, 21.5% of residents are recorded as possessing school level qualifications and 35.9% 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 7, Pierces Hill, Reading, the average age was 41.7 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, Pierces Hill, 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 7, Pierces Hill, 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.