According to the public record, 77, Balmore Drive, Reading is a early-century freehold house with 1,410 ft2 of internal area and sits on a 461 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Balmore Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
77, Balmore Drive, Reading has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated January 2024.
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 77 Balmore Drive Reading as £750,683 and the rental value as £2,102 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 77 Balmore Drive Reading has decreased by £15,515 (2.1%) and its rental value has increased by £64 per month (3.0%).
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 77, Balmore Drive, Reading is in very good condition we estimate a sale value of £788,217 and rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £698,135 and a rental value of £1,955 per month.
If you were able to purchase this property for the estimated value of £750,683, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,689 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, 77, Balmore Drive, Reading sits on a plot of 461m2.
We have plot size data on 16 out of 41 other houses in the postcode and 77, Balmore Drive, Reading sits on the 4th largest plot.
According to HM Land Registry, 77, Balmore Drive, Reading was last sold on 05 Oct 2017 for £578,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Balmore Drive, Reading within a radius of 600 metres over the last 2 years.
The most recent example is 71, Balmore Drive, Reading, RG4 8NN, a Freehold house which sold for £750,000 in Nov 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, 77, Balmore Drive, Reading is the 19th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in RG4.
77, Balmore Drive, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2024.
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 77, 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 77, 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 77, 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 77, 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 77, 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 77, 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.