According to the public record, Cherry Acre, Reading is a modern freehold house with 1,903 ft2 of internal area and sits on a 2,652 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Purley Village, Purley On Thames, Reading, RG8 is located within the RG8 postal district.
Cherry Acre, Reading has 21 entries in the Land Registry database, most recently in June 2012 and a single entry in the EPC database dated May 2011.
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 Cherry Acre Reading as £723,027 and the rental value as £2,704 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Cherry Acre Reading has decreased by £4,726 (0.7%) and its rental value has increased by £143 per month (5.3%).
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 Cherry Acre, Reading is in very good condition we estimate a sale value of £759,179 and rental value of £2,839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £672,416 and a rental value of £2,515 per month.
If you were able to purchase this property for the estimated value of £723,027, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,553 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, Cherry Acre, Reading sits on a plot of 2652m2.
We have plot size data on 5 out of 8 other houses in the postcode and Cherry Acre, Reading sits on the 2nd largest plot.
According to HM Land Registry, Cherry Acre, Reading was last sold on 15 Jun 2012 for £605,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2012, the market for similar properties has risen 62.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Acre, Reading within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 9, Elyham, Reading, RG8 8EN, a Freehold house which sold for £690,000 in Jul 2022.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Purley Village, Purley On Thames, Reading, RG8 has a total of 13 addresses. According to our analysis of all the public data, Cherry Acre, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in RG8.
Cherry Acre, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2011.
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 Cherry Acre, Reading is Tilehurst station which is 1.8 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 Cherry Acre, Reading, 45.8% of property is privately owned outright and 33.8% 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 Cherry Acre, Reading, 17.4% of residents are recorded as possessing school level qualifications and 38.8% 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 Cherry Acre, Reading, the average age was 43.9 and the most common age was 52.
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 Cherry Acre, Reading, 0.8% 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 Cherry Acre, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.