According to the public record, Drift House, Reading is a early-century freehold house with 3,272 ft2 of internal area and sits on a 7,768 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Ashampstead, Reading, RG8 is located within the RG8 postal district.
Drift House, Reading has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated March 2017.
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 Drift House Reading as £2,129,423 and the rental value as £4,441 per month giving an expected gross yield of 2.5%.
Over the last 12 months the sale value of Drift House Reading has decreased by £49,143 (2.3%) and its rental value has increased by £132 per month (3.0%).
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 Drift House, Reading is in very good condition we estimate a sale value of £2,235,894 and rental value of £4,664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,980,363 and a rental value of £4,131 per month.
If you were able to purchase this property for the estimated value of £2,129,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,465 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, Drift House, Reading sits on a plot of 7768m2.
We have plot size data on 3 out of 7 other houses in the postcode and Drift House, Reading sits on the 2nd largest plot.
According to HM Land Registry, Drift House, Reading was last sold on 10 Jul 2017 for £2,750,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Drift House, Reading within a radius of 4.6 kilometres over the last 2 years.
The most recent example is Bowden Wood, Reading, RG8 8PT, a Freehold house which sold for £2,100,000 in Aug 2021.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ashampstead, Reading, RG8 has a total of 72 addresses. According to our analysis of all the public data, Drift House, Reading is the 5th largest and the most expensive property on the street.
When compared to the postcode district it is £1.412m more expensive than the average property in RG8.
Drift House, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Mar 2017.
The property is not connected to mains gas and has some double glazing. It is heated using an oil fired boiler and radiators.
The closest station to Drift House, Reading is Goring & Streatley station which is 4.8 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 Drift House, Reading, 38.7% of property is privately owned outright and 27.3% 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 Drift House, Reading, 21.2% 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 Drift House, Reading, the average age was 40.1 and the most common age was 12.
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 Drift House, Reading, 5.4% 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 Drift House, 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.