According to the public record, 8, Overton Drive, Reading is a modern freehold house with 1,797 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Overton Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
8, Overton Drive, Reading has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated May 2020.
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 Overton Drive Reading as £675,002 and the rental value as £2,352 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 8 Overton Drive Reading has decreased by £11,433 (1.7%) and its rental value has increased by £81 per month (3.4%).
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, Overton Drive, Reading is in very good condition we estimate a sale value of £708,752 and rental value of £2,469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £627,752 and a rental value of £2,187 per month.
If you were able to purchase this property for the estimated value of £675,002, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,317 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, Overton Drive, Reading sits on a plot of 272m2.
We have plot size data on 9 out of 9 other houses in the postcode and 8, Overton Drive, Reading sits on the 3rd largest plot.
According to HM Land Registry, 8, Overton Drive, Reading was last sold on 17 Jul 2020 for £555,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Overton Drive, Reading within a radius of 690 metres over the last 2 years.
The most recent example is 248, Henley Road, Reading, RG4 6LR, a Freehold house which sold for £835,000 in Jan 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Overton Drive, Caversham, Reading, RG4 has a total of 9 addresses. According to our analysis of all the public data, 8, Overton Drive, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in RG4.
8, Overton Drive, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 2020.
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, Overton Drive, Reading is Reading station which is 2.0 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, Overton Drive, Reading, 46.6% of property is privately owned with a mortgage and 41.7% 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, Overton Drive, Reading, 17.7% of residents are recorded as possessing school level qualifications and 46.1% 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, Overton Drive, Reading, the average age was 42.9 and the most common age was 47.
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, Overton Drive, Reading, 1.7% 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, Overton Drive, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.