According to the public record, 7, Simmonds Street, Reading is a modern leasehold house with 787 ft2 of internal area and sits on a 105 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Simmonds Street, Reading, RG1 is located within the RG1 postal district.
7, Simmonds Street, Reading has 21 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated November 2008.
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 Simmonds Street Reading as £383,878 and the rental value as £1,521 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 7 Simmonds Street Reading has decreased by £7,592 (2.0%) and its rental value has increased by £56 per month (3.7%).
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, Simmonds Street, Reading is in very good condition we estimate a sale value of £403,072 and rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,006 and a rental value of £1,414 per month.
If you were able to purchase this property for the estimated value of £383,878, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,887 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, Simmonds Street, Reading sits on a plot of 105m2.
We have plot size data on 5 out of 5 other houses in the postcode and 7, Simmonds Street, Reading sits on the 5th largest plot.
According to HM Land Registry, 7, Simmonds Street, Reading was last sold on 10 Apr 2019 for £380,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Simmonds Street, Reading within a radius of 420 metres over the last 2 years.
The most recent example is 28, Swan Place, Reading, RG1 6QD, a Freehold house which sold for £390,000 in Feb 2021.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Simmonds Street, Reading, RG1 has a total of 22 addresses. According to our analysis of all the public data, 7, Simmonds Street, Reading is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £88k more expensive than the average property in RG1.
7, Simmonds Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Nov 2008.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 7, Simmonds Street, Reading is Reading station which is 700 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, Simmonds Street, Reading, 58.6% of property is privately rented and 20.7% 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, Simmonds Street, Reading, 12.7% of residents are recorded as possessing school level qualifications and 56.9% 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, Simmonds Street, Reading, the average age was 33.3 and the most common age was 22.
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, Simmonds Street, Reading, 3.8% 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, Simmonds Street, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.