According to the public record, Elm Cottage, Reading is a period house with 1,011 ft2 of internal area and sits on a 257,974 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reading Road, Padworth Common, Reading, RG7 is located within the RG7 postal district.
Elm Cottage, Reading has no records in the Land Registry database and a single entry in the EPC database dated March 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 Elm Cottage Reading as £733,858 and the rental value as £2,112 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Elm Cottage Reading has decreased by £5,642 (0.8%) and its rental value has increased by £97 per month (4.6%).
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 Elm Cottage, Reading is in very good condition we estimate a sale value of £770,551 and rental value of £2,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £682,488 and a rental value of £1,964 per month.
If you were able to purchase this property for the estimated value of £733,858, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,607 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, Elm Cottage, Reading sits on a plot of 257974m2.
We have plot size data on 4 out of 5 other houses in the postcode and Elm Cottage, Reading sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elm Cottage, Reading within a radius of 2.7 kilometres over the last 2 years.
The most recent example is Content, Reading Road, Reading, RG7 4QL, a Freehold house which sold for £625,000 in Nov 2015.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, Padworth Common, Reading, RG7 has a total of 38 addresses. According to our analysis of all the public data, Elm Cottage, Reading is the 28th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £209k more expensive than the average property in RG7.
Elm Cottage, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Mar 2020.
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 Elm Cottage, Reading is Aldermaston 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 Elm Cottage, Reading, 41.1% of property is privately owned outright and 35.7% 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 Elm Cottage, Reading, 35.8% of residents are recorded as possessing school level qualifications and 38.5% 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 Elm Cottage, Reading, the average age was 42.7 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 Elm Cottage, Reading, 1.8% 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 Elm Cottage, 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.