According to the public record, Laurelbank, Reading is a period freehold house and with 2,260 ft2 of internal area and sits on a 1,059 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Carters Hill, Arborfield, Reading, RG2 is located within the RG2 postal district.
Laurelbank, Reading has a single entry in the Land Registry database from March 2021 and 2 entries in the EPC database, most recently in June 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 Laurelbank Reading as £1,143,132 and the rental value as £4,034 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Laurelbank Reading has decreased by £18,050 (1.6%) and its rental value has increased by £101 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 Laurelbank, Reading is in very good condition we estimate a sale value of £1,200,288 and rental value of £4,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,063,112 and a rental value of £3,751 per month.
If you were able to purchase this property for the estimated value of £1,143,132, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,618 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, Laurelbank, Reading sits on a plot of 1059m2.
We have plot size data on 6 out of 14 other houses in the postcode and Laurelbank, Reading sits on the 5th largest plot.
According to HM Land Registry, Laurelbank, Reading was last sold on 26 Mar 2021 for £962,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Laurelbank, Reading within a radius of 1.5km over the last 2 years.
The most recent example is Eva House, Bearwood Road, Wokingham, RG41 5BB, a Freehold house which sold for £950,000 in Feb 2023.
Read more about house prices in RG2.
Carters Hill, Arborfield, Reading, RG2 has a total of 14 addresses. According to our analysis of all the public data, Laurelbank, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £776k more expensive than the average property in RG2.
Laurelbank, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Laurelbank, Reading is Winnersh station which is 2.5 km 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 Laurelbank, Reading, 36.4% of property is privately owned with a mortgage and 29.4% 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 Laurelbank, Reading, 17.9% of residents are recorded as possessing school level qualifications and 33.6% 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 Laurelbank, Reading, the average age was 37 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 Laurelbank, Reading, 0.9% 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 Laurelbank, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.