According to the public record, 7, Waverley Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 990 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Waverley Road, Reading, RG30 is located within the RG30 postal district.
7, Waverley Road, Reading has a single entry in the Land Registry database from August 2008 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 Waverley Road Reading as £407,618 and the rental value as £1,678 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 7 Waverley Road Reading has decreased by £2,905 (0.7%) and its rental value has increased by £85 per month (5.1%).
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, Waverley Road, Reading is in very good condition we estimate a sale value of £427,999 and rental value of £1,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,085 and a rental value of £1,560 per month.
If you were able to purchase this property for the estimated value of £407,618, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,003 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, Waverley Road, Reading was last sold on 01 Aug 2008 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 77.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Waverley Road, Reading within a radius of 510 metres over the last 2 years.
The most recent example is 56, Waverley Road, Reading, RG30 2PY, a Freehold house which sold for £350,000 in Nov 2022.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waverley Road, Reading, RG30 has a total of 182 addresses. According to our analysis of all the public data, 7, Waverley Road, Reading is the 108th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in RG30.
The closest station to 7, Waverley Road, Reading is Reading West station which is 1.1 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, Waverley Road, Reading, 50.8% of property is privately rented and 29.2% 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, Waverley Road, Reading, 13.0% of residents are recorded as possessing school level qualifications and 45.2% 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, Waverley Road, Reading, the average age was 36.7 and the most common age was 32.
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, Waverley Road, Reading, 0.4% 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, Waverley Road, Reading, 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.