According to the public record, 8, Cambridge Street, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 894 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Cambridge Street, Reading, RG1 is located within the RG1 postal district.
8, Cambridge Street, Reading has 31 entries in the Land Registry database, most recently in September 2006 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 8 Cambridge Street Reading as £311,051 and the rental value as £1,496 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Cambridge Street Reading has decreased by £3,994 (1.3%) and its rental value has increased by £66 per month (4.4%).
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, Cambridge Street, Reading is in very good condition we estimate a sale value of £326,603 and rental value of £1,570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,277 and a rental value of £1,391 per month.
If you were able to purchase this property for the estimated value of £311,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,529 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, 8, Cambridge Street, Reading was last sold on 07 Sep 2006 for £176,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cambridge Street, Reading within a radius of 400 metres over the last 2 years.
The most recent example is 4, Cambridge Street, Reading, RG1 7PA, a Freehold house which sold for £300,000 in Sep 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Street, Reading, RG1 has a total of 48 addresses. According to our analysis of all the public data, 8, Cambridge Street, Reading is the 16th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in RG1.
The closest station to 8, Cambridge Street, Reading is Reading West station which is 300 metres 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, Cambridge Street, Reading, 63.2% of property is privately rented and 14.4% 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 8, Cambridge Street, Reading, 15.5% of residents are recorded as possessing school level qualifications and 36.8% 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, Cambridge Street, Reading, the average age was 34 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 8, Cambridge Street, 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 8, Cambridge Street, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.