According to the public record, 1B, Cressingham Road, Reading is a modern house with 1,151 ft2 of internal area and sits on a 389 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cressingham Road, Reading, RG2 is located within the RG2 postal district.
1B, Cressingham Road, Reading has no records in the Land Registry database and 2 entries in the EPC database, most recently in June 2020.
We combine this information with public data 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 1B Cressingham Road Reading as £465,737 and the rental value as £2,048 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 1B Cressingham Road Reading has decreased by £12,688 (2.7%) and its rental value has increased by £55 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 1B, Cressingham Road, Reading is in very good condition we estimate a sale value of £489,024 and rental value of £2,150 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,135 and a rental value of £1,905 per month.
If you were able to purchase this property for the estimated value of £465,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,289 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, 1B, Cressingham Road, Reading sits on a plot of 389m2.
We have plot size data on 5 out of 5 other houses in the postcode and 1B, Cressingham Road, Reading sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Cressingham Road, Reading within a radius of 550m over the last 2 years.
The most recent example is 49, Devonshire Park, Reading, RG2 7DX, a Freehold house which sold for £385,000 in Jun 2022.
Read more about house prices in RG2.
Cressingham Road, Reading, RG2 has a total of 170 addresses. According to our analysis of all the public data, 1B, Cressingham Road, Reading is the 45th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £99k more expensive than the average property in RG2.
1B, Cressingham Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jun 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 1B, Cressingham Road, Reading is Earley station which is 2.3 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 1B, Cressingham Road, Reading, 30.3% of property is privately owned with a mortgage and 28.7% 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 1B, Cressingham Road, Reading, 26.5% of residents are recorded as possessing school level qualifications and 41.2% 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 1B, Cressingham Road, Reading, the average age was 32.4 and the most common age was 17.
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 1B, Cressingham Road, 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 1B, Cressingham Road, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.