According to the public record, 7, Prospect Place, Newbury is a modern freehold house with 559 ft2 of internal area and sits on a 98.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Prospect Place, Newbury, RG14 is located within the RG14 postal district.
7, Prospect Place, Newbury has 51 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated January 2021.
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 Prospect Place Newbury as £266,734 and the rental value as £1,190 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 7 Prospect Place Newbury has increased by £5,554 (2.1%) and its rental value has increased by £46 per month (3.9%).
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, Prospect Place, Newbury is in very good condition we estimate a sale value of £280,071 and rental value of £1,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,063 and a rental value of £1,106 per month.
If you were able to purchase this property for the estimated value of £266,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,311 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, Prospect Place, Newbury sits on a plot of 99m2.
We have plot size data on 10 out of 13 other houses in the postcode and 7, Prospect Place, Newbury sits on the 11th largest plot.
According to HM Land Registry, 7, Prospect Place, Newbury was last sold on 20 Dec 2023 for £254,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Prospect Place, Newbury within a radius of 490 metres over the last 2 years.
The most recent example is 3, Eeklo Place, Newbury, RG14 7HW, a Freehold house which sold for £260,000 in Sep 2022.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, Newbury, RG14 has a total of 38 addresses. According to our analysis of all the public data, 7, Prospect Place, Newbury is the 16th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in RG14.
7, Prospect Place, Newbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2021.
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, Prospect Place, Newbury is Newbury station which is 400 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, Prospect Place, Newbury, 46.4% of property is socially rented and 31.2% is privately rented.
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, Prospect Place, Newbury, 12.5% of residents are recorded as possessing school level qualifications and 28.4% 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, Prospect Place, Newbury, the average age was 40.6 and the most common age was 47.
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, Prospect Place, Newbury, 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, Prospect Place, Newbury, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.