According to the public record, 8, Padstow Gardens, Reading is a early-century freehold house and with 1,087 ft2 of internal area and sits on a 656 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Padstow Gardens, Reading, RG2 is located within the RG2 postal district.
8, Padstow Gardens, Reading has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated May 2021.
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 Padstow Gardens Reading as £420,001 and the rental value as £1,867 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Padstow Gardens Reading has decreased by £3,529 (0.8%) and its rental value has increased by £92 per month (4.9%).
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, Padstow Gardens, Reading is in very good condition we estimate a sale value of £441,001 and rental value of £1,960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,601 and a rental value of £1,736 per month.
If you were able to purchase this property for the estimated value of £420,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,064 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, Padstow Gardens, Reading sits on a plot of 656m2.
We have plot size data on 6 out of 16 other houses in the postcode and 8, Padstow Gardens, Reading sits on the largest plot.
According to HM Land Registry, 8, Padstow Gardens, Reading was last sold on 29 Oct 2021 for £385,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Padstow Gardens, Reading within a radius of 355m over the last 2 years.
The most recent example is 1, Corinne Close, Reading, RG2 8AA, a Freehold house which sold for £385,000 in Aug 2022.
Read more about house prices in RG2.
Padstow Gardens, Reading, RG2 has a total of 16 addresses. According to our analysis of all the public data, 8, Padstow Gardens, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in RG2.
8, Padstow Gardens, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 May 2021.
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, Padstow Gardens, Reading is Reading Green Park station which is 2.2 km 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, Padstow Gardens, Reading, 34.9% of property is privately owned with a mortgage and 28.0% 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 8, Padstow Gardens, Reading, 26.0% of residents are recorded as possessing school level qualifications and 28.0% 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, Padstow Gardens, Reading, the average age was 37.7 and the most common age was 37.
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, Padstow Gardens, Reading, 0.3% 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, Padstow Gardens, 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.