According to the public record, 8, Pear Tree Close, Reading is a modern freehold house and with 1,453 ft2 of internal area and sits on a 378 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pear Tree Close, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
8, Pear Tree Close, Reading has a single entry in the Land Registry database from March 2017 and a single entry in the EPC database dated January 2017.
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 Pear Tree Close Reading as £663,041 and the rental value as £2,415 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Pear Tree Close Reading has decreased by £6,674 (1.0%) and its rental value has increased by £66 per month (2.7%).
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, Pear Tree Close, Reading is in very good condition we estimate a sale value of £696,193 and rental value of £2,535 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £616,629 and a rental value of £2,246 per month.
If you were able to purchase this property for the estimated value of £663,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,259 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, Pear Tree Close, Reading sits on a plot of 378m2.
We have plot size data on 11 out of 11 other houses in the postcode and 8, Pear Tree Close, Reading sits on the 5th largest plot.
According to HM Land Registry, 8, Pear Tree Close, Reading was last sold on 31 Mar 2017 for £597,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Pear Tree Close, Reading within a radius of 120m over the last 2 years.
The most recent example is 3, Hornbeam Place, Reading, RG2 9GL, a Freehold house which sold for £715,000 in May 2022.
Read more about house prices in RG2.
Pear Tree Close, Arborfield Green, Reading, RG2 has a total of 11 addresses. According to our analysis of all the public data, 8, Pear Tree Close, Reading is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £296k more expensive than the average property in RG2.
8, Pear Tree Close, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Pear Tree Close, Reading is Wokingham station which is 4.2 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, Pear Tree Close, Reading, 52.5% of property is privately owned with a mortgage and 38.3% is privately 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, Pear Tree Close, Reading, 19.2% of residents are recorded as possessing school level qualifications and 40.6% 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, Pear Tree Close, Reading, the average age was 37 and the most common age was 12.
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, Pear Tree Close, 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, Pear Tree Close, 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.