According to the public record, Carnethy, Reading is a period freehold house with 1,259 ft2 of internal area and sits on a 688 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Basingstoke Road, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
Carnethy, Reading has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated June 2015.
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 Carnethy Reading as £528,117 and the rental value as £1,997 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Carnethy Reading has decreased by £8,078 (1.5%) and its rental value has increased by £73 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 Carnethy, Reading is in very good condition we estimate a sale value of £554,523 and rental value of £2,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,149 and a rental value of £1,857 per month.
If you were able to purchase this property for the estimated value of £528,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,596 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, Carnethy, Reading sits on a plot of 688m2.
We have plot size data on 24 out of 29 other houses in the postcode and Carnethy, Reading sits on the 8th largest plot.
According to HM Land Registry, Carnethy, Reading was last sold on 16 Oct 2015 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Carnethy, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Ivanhoe, Basingstoke Road, Reading, RG7 1PH, a Freehold house which sold for £590,000 in Oct 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basingstoke Road, Spencers Wood, Reading, RG7 has a total of 151 addresses. According to our analysis of all the public data, Carnethy, Reading is the 73rd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in RG7.
Carnethy, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2015.
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 Carnethy, Reading is Reading Green Park station which is 4.5 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 Carnethy, Reading, 53.5% 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 Carnethy, Reading, 20.8% of residents are recorded as possessing school level qualifications and 58.7% 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 Carnethy, Reading, the average age was 37.6 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 Carnethy, 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 Carnethy, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.