According to the public record, Greenbanks, Reading is a mid-century freehold house with 1,593 ft2 of internal area and sits on a 966 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Upper Bucklebury, Reading, RG7 is located within the RG7 postal district.
Greenbanks, Reading has 21 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated October 2022.
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 Greenbanks Reading as £649,904 and the rental value as £2,238 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Greenbanks Reading has decreased by £16,577 (2.6%) and its rental value has increased by £27 per month (1.2%).
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 Greenbanks, Reading is in very good condition we estimate a sale value of £682,399 and rental value of £2,350 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,411 and a rental value of £2,081 per month.
If you were able to purchase this property for the estimated value of £649,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,194 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, Greenbanks, Reading sits on a plot of 966m2.
We have plot size data on 10 out of 14 other houses in the postcode and Greenbanks, Reading sits on the 2nd largest plot.
According to HM Land Registry, Greenbanks, Reading was last sold on 26 May 2023 for £690,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Greenbanks, Reading within a radius of 1.8 kilometres over the last 2 years.
The most recent example is Kiln House, Broad Lane, Reading, RG7 6QJ, a Freehold house which sold for £670,000 in Nov 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Bucklebury, Reading, RG7 has a total of 14 addresses. According to our analysis of all the public data, Greenbanks, Reading is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in RG7.
Greenbanks, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Oct 2022.
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 Greenbanks, Reading is Thatcham station which is 2.5 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 Greenbanks, Reading, 61.9% of property is privately owned outright and 32.3% 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 Greenbanks, Reading, 19.8% of residents are recorded as possessing school level qualifications and 51.6% 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 Greenbanks, Reading, the average age was 42 and the most common age was 17.
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 Greenbanks, Reading, 3.9% 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 Greenbanks, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.