According to the public record, 78, Erleigh Road, Reading is a period freehold house with 1,883 ft2 of internal area and sits on a 182 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Erleigh Road, Reading, RG1 is located within the RG1 postal district.
78, Erleigh Road, Reading has 21 entries in the Land Registry database, most recently in February 2007 and a single entry in the EPC database dated August 2019.
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 78 Erleigh Road Reading as £484,165 and the rental value as £2,257 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 78 Erleigh Road Reading has decreased by £12,335 (2.5%) and its rental value has increased by £69 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 78, Erleigh Road, Reading is in very good condition we estimate a sale value of £508,374 and rental value of £2,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,274 and a rental value of £2,099 per month.
If you were able to purchase this property for the estimated value of £484,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,380 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, 78, Erleigh Road, Reading sits on a plot of 182m2.
We have plot size data on 7 out of 7 other houses in the postcode and 78, Erleigh Road, Reading sits on the 2nd largest plot.
According to HM Land Registry, 78, Erleigh Road, Reading was last sold on 16 Feb 2007 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2007, the market for similar properties has risen 43.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Erleigh Road, Reading within a radius of 380 metres over the last 2 years.
The most recent example is 38, Erleigh Road, Reading, RG1 5NA, a Freehold house which sold for £550,000 in Mar 2023.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Erleigh Road, Reading, RG1 has a total of 207 addresses. According to our analysis of all the public data, 78, Erleigh Road, Reading is the 14th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £188k more expensive than the average property in RG1.
78, Erleigh Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2019.
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 78, Erleigh Road, Reading is Reading station which is 1.9 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 78, Erleigh Road, Reading, 64.1% of property is privately rented and 17.1% is socially rented.
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 78, Erleigh Road, Reading, 50.0% of residents are recorded as possessing school level qualifications and 32.3% 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 78, Erleigh Road, 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 78, Erleigh 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 78, Erleigh Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.