According to the public record, Laurel Cottage, Reading is a period freehold house with 3,024 ft2 of internal area and sits on a 3,099 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
North Street, Theale, Reading, RG7 is located within the RG7 postal district.
Laurel Cottage, Reading has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated May 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 Laurel Cottage Reading as £1,350,563 and the rental value as £3,125 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Laurel Cottage Reading has decreased by £44,129 (3.3%) and its rental value has increased by £78 per month (2.5%).
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 Laurel Cottage, Reading is in very good condition we estimate a sale value of £1,418,091 and rental value of £3,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,256,024 and a rental value of £2,906 per month.
If you were able to purchase this property for the estimated value of £1,350,563, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,638 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, Laurel Cottage, Reading sits on a plot of 3099m2.
We have plot size data on 12 out of 18 other houses in the postcode and Laurel Cottage, Reading sits on the 3rd largest plot.
According to HM Land Registry, Laurel Cottage, Reading was last sold on 25 Jul 2017 for £1,300,000 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 11.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Laurel Cottage, Reading within a radius of 1.9 kilometres over the last 2 years.
The most recent example is The Old House, North Street, Reading, RG7 5EX, a Freehold house which sold for £1,500,000 in Dec 2018.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Street, Theale, Reading, RG7 has a total of 31 addresses. According to our analysis of all the public data, Laurel Cottage, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £826k more expensive than the average property in RG7.
Laurel Cottage, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 22 May 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 Laurel Cottage, Reading is Theale station which is 1.6 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 Laurel Cottage, Reading, 69.3% of property is privately rented and 12.3% is privately owned outright.
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 Laurel Cottage, Reading, 15.1% of residents are recorded as possessing school level qualifications and 30.9% 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 Laurel Cottage, Reading, the average age was 41.2 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 Laurel Cottage, Reading, 0.0% 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 Laurel 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.