According to the public record, 74, Balmore Drive, Reading is a early-century freehold house with 1,097 ft2 of internal area and sits on a 453 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Balmore Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
74, Balmore Drive, Reading has 2 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated June 2011.
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 74 Balmore Drive Reading as £640,535 and the rental value as £1,861 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 74 Balmore Drive Reading has decreased by £5,499 (0.9%) and its rental value has increased by £80 per month (4.3%).
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 74, Balmore Drive, Reading is in very good condition we estimate a sale value of £672,561 and rental value of £1,954 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £595,697 and a rental value of £1,731 per month.
If you were able to purchase this property for the estimated value of £640,535, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,148 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, 74, Balmore Drive, Reading sits on a plot of 453m2.
We have plot size data on 16 out of 41 other houses in the postcode and 74, Balmore Drive, Reading sits on the 9th largest plot.
According to HM Land Registry, 74, Balmore Drive, Reading was last sold on 23 Oct 2020 for £750,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Balmore Drive, Reading within a radius of 610 metres over the last 2 years.
The most recent example is 14, Balmore Drive, Reading, RG4 8NL, a Freehold house which sold for £800,000 in Sep 2022.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmore Drive, Caversham, Reading, RG4 has a total of 87 addresses. According to our analysis of all the public data, 74, Balmore Drive, Reading is the 78th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £76k more expensive than the average property in RG4.
74, Balmore Drive, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2011.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 74, Balmore Drive, Reading is Reading station which is 1.8 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 74, Balmore Drive, Reading, 52.9% of property is privately owned outright and 40.7% 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 74, Balmore Drive, Reading, 20.9% of residents are recorded as possessing school level qualifications and 62.0% 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 74, Balmore Drive, Reading, the average age was 41 and the most common age was 42.
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 74, Balmore Drive, Reading, 0.6% 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 74, Balmore Drive, 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.