According to the public record, Kandles, Reading is a mid-century freehold house with 4,779 ft2 of internal area and sits on a 15,978 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mays Lane, Padworth Common, Reading, RG7 is located within the RG7 postal district.
Kandles, Reading has a single entry in the Land Registry database from September 2010 and a single entry in the EPC database dated October 2020.
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 Kandles Reading as £2,243,276 and the rental value as £5,191 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Kandles Reading has decreased by £71,357 (3.2%) and its rental value has increased by £107 per month (2.1%).
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 Kandles, Reading is in very good condition we estimate a sale value of £2,355,439 and rental value of £5,451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,086,246 and a rental value of £4,828 per month.
If you were able to purchase this property for the estimated value of £2,243,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,025 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, Kandles, Reading sits on a plot of 15978m2.
We have plot size data on 4 out of 4 other houses in the postcode and Kandles, Reading sits on the 2nd largest plot.
According to HM Land Registry, Kandles, Reading was last sold on 03 Sep 2010 for £1,150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.9 kilometres radius of Kandles, Reading over the last 2 years.
The most recent example is Yew Tree Cottage, Mays Lane, Reading, RG7 4QP, a Freehold house which sold for £927,500 in Dec 2020.
Read more about house prices in RG7.
Mays Lane, Padworth Common, Reading, RG7 has a total of 4 addresses. According to our analysis of all the public data, Kandles, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.719m more expensive than the average property in RG7.
Kandles, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Kandles, Reading is Aldermaston station which is 3.0 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 Kandles, 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 Kandles, 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 Kandles, 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 Kandles, 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 Kandles, 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.