According to the public record, Cedar Wood, Reading is a mid-century freehold house with 1,657 ft2 of internal area and sits on a 514 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
School Lane, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
Cedar Wood, Reading has 21 entries in the Land Registry database, most recently in September 2016 and a single entry in the EPC database dated April 2016.
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 Cedar Wood Reading as £641,512 and the rental value as £2,102 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Cedar Wood Reading has decreased by £16,500 (2.6%) and its rental value has increased by £68 per month (3.2%).
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 Cedar Wood, Reading is in very good condition we estimate a sale value of £673,587 and rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,606 and a rental value of £1,955 per month.
If you were able to purchase this property for the estimated value of £641,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,153 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, Cedar Wood, Reading sits on a plot of 514m2.
We have plot size data on 13 out of 26 other houses in the postcode and Cedar Wood, Reading sits on the 10th largest plot.
According to HM Land Registry, Cedar Wood, Reading was last sold on 23 Sep 2016 for £515,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2016, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cedar Wood, Reading within a radius of 770 metres over the last 2 years.
The most recent example is 32, Birch Road, Reading, RG7 3LX, a Freehold house which sold for £575,000 in May 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Burghfield Common, Reading, RG7 has a total of 41 addresses. According to our analysis of all the public data, Cedar Wood, Reading is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in RG7.
Cedar Wood, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Cedar Wood, Reading is Mortimer station which is 3.5 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 Cedar Wood, Reading, 59.3% of property is privately owned outright and 35.6% 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 Cedar Wood, Reading, 21.6% of residents are recorded as possessing school level qualifications and 47.2% 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 Cedar Wood, Reading, the average age was 40.5 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 Cedar Wood, Reading, 3.1% 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 Cedar Wood, 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.