According to the public record, 37A, Richmond Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,315 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Richmond Road, Caversham, Reading, RG4 is located within the RG4 postal district.
37A, Richmond Road, Reading has a single entry in the Land Registry database from January 2021 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 good condition, we estimate the current sale value for 37A Richmond Road Reading as £1,096,375 and the rental value as £2,755 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 37A Richmond Road Reading has decreased by £18,115 (1.7%) and its rental value has increased by £99 per month (3.6%).
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 37A, Richmond Road, Reading is in very good condition we estimate a sale value of £1,151,194 and rental value of £2,893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,019,629 and a rental value of £2,562 per month.
If you were able to purchase this property for the estimated value of £1,096,375, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,388 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, 37A, Richmond Road, Reading was last sold on 14 Jan 2021 for £1,250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37A, Richmond Road, Reading within a radius of 710 metres over the last 2 years.
The most recent example is 4, Dellwood Park, Reading, RG4 7NX, a Freehold house which sold for £1,280,000 in Jun 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, Caversham, Reading, RG4 has a total of 49 addresses. According to our analysis of all the public data, 37A, Richmond Road, Reading is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £532k more expensive than the average property in RG4.
The closest station to 37A, Richmond Road, Reading is Reading station which is 2.4 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 37A, Richmond Road, Reading, 57.0% of property is privately owned outright and 33.1% 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 37A, Richmond Road, Reading, 21.9% of residents are recorded as possessing school level qualifications and 57.1% 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 37A, Richmond Road, Reading, the average age was 42.5 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 37A, Richmond Road, Reading, 1.0% 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 37A, Richmond Road, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.