According to the public record, 8, Allcroft Road, Reading is a mid-century freehold house with 1,894 ft2 of internal area and sits on a 1,127 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Allcroft Road, Reading, RG1 is located within the RG1 postal district.
8, Allcroft Road, Reading has 31 entries in the Land Registry database, most recently in February 2011 and a single entry in the EPC database dated September 2022.
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 8 Allcroft Road Reading as £812,972 and the rental value as £3,066 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 8 Allcroft Road Reading has decreased by £20,657 (2.5%) and its rental value has increased by £95 per month (3.1%).
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 8, Allcroft Road, Reading is in very good condition we estimate a sale value of £853,621 and rental value of £3,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £756,064 and a rental value of £2,852 per month.
If you were able to purchase this property for the estimated value of £812,972, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,996 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, 8, Allcroft Road, Reading sits on a plot of 1127m2.
We have plot size data on 14 out of 22 other houses in the postcode and 8, Allcroft Road, Reading sits on the 3rd largest plot.
According to HM Land Registry, 8, Allcroft Road, Reading was last sold on 02 Feb 2011 for £381,140 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2011, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Allcroft Road, Reading within a radius of 480 metres over the last 2 years.
The most recent example is 6, Lancaster Close, Reading, RG1 5HB, a Freehold house which sold for £700,000 in Mar 2021.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Allcroft Road, Reading, RG1 has a total of 66 addresses. According to our analysis of all the public data, 8, Allcroft Road, Reading is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £517k more expensive than the average property in RG1.
8, Allcroft Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2022.
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 8, Allcroft Road, Reading is Reading station which is 1.6 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 8, Allcroft Road, Reading, 43.0% of property is privately rented and 28.9% is privately owned outright.
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 8, Allcroft Road, Reading, 45.5% of residents are recorded as possessing school level qualifications and 51.0% 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 8, Allcroft Road, Reading, the average age was 33.9 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 8, Allcroft Road, Reading, 2.3% 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 8, Allcroft 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.