According to the public record, 74, Cressingham Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,092 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cressingham Road, Reading, RG2 is located within the RG2 postal district.
74, Cressingham Road, Reading has a single entry in the Land Registry database from February 2007 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 74 Cressingham Road Reading as £378,576 and the rental value as £1,787 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 74 Cressingham Road Reading has decreased by £2,019 (0.5%) and its rental value has increased by £92 per month (5.2%).
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 74, Cressingham Road, Reading is in very good condition we estimate a sale value of £397,505 and rental value of £1,876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,076 and a rental value of £1,662 per month.
If you were able to purchase this property for the estimated value of £378,576, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,861 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, 74, Cressingham Road, Reading was last sold on 16 Feb 2007 for £227,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 55.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 74, Cressingham Road, Reading within a radius of 520 metres over the last 2 years.
The most recent example is 11, Ashburton Road, Reading, RG2 7PA, a Freehold house which sold for £320,000 in Feb 2023.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cressingham Road, Reading, RG2 has a total of 170 addresses. According to our analysis of all the public data, 74, Cressingham Road, Reading is the 48th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in RG2.
The closest station to 74, Cressingham Road, Reading is Earley station which is 2.9 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, Cressingham Road, Reading, 32.3% of property is socially rented and 29.1% 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, Cressingham Road, Reading, 23.7% of residents are recorded as possessing school level qualifications and 20.6% 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, Cressingham Road, Reading, the average age was 34.2 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 74, Cressingham Road, 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 74, Cressingham Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.