According to the public record, 97, Addison Road, Reading is a mid-century freehold house with 968 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Addison Road, Reading, RG1 is located within the RG1 postal district.
97, Addison Road, Reading has a single entry in the Land Registry database from January 2023 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 97 Addison Road Reading as £418,134 and the rental value as £1,719 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 97 Addison Road Reading has decreased by £8,153 (1.9%) and its rental value has increased by £64 per month (3.7%).
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 97, Addison Road, Reading is in very good condition we estimate a sale value of £439,041 and rental value of £1,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,865 and a rental value of £1,599 per month.
If you were able to purchase this property for the estimated value of £418,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,055 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, 97, Addison Road, Reading sits on a plot of 187m2.
We have plot size data on 37 out of 50 other houses in the postcode and 97, Addison Road, Reading sits on the 5th largest plot.
According to HM Land Registry, 97, Addison Road, Reading was last sold on 23 Jan 2023 for £467,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Addison Road, Reading within a radius of 610 metres over the last 2 years.
The most recent example is 9, Thames Avenue, Reading, RG1 8DT, a Freehold house which sold for £408,000 in May 2022.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addison Road, Reading, RG1 has a total of 100 addresses. According to our analysis of all the public data, 97, Addison Road, Reading is the 34th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in RG1.
97, Addison Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 97, Addison Road, Reading is Reading station which is 600 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 97, Addison Road, Reading, 52.2% of property is privately rented and 25.4% 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 97, Addison Road, Reading, 13.1% of residents are recorded as possessing school level qualifications and 53.6% 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 97, Addison Road, 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 97, Addison Road, Reading, 0.9% 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 97, Addison Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.