According to the public record, Lower House, Reading is a modern freehold house with 2,927 ft2 of internal area and sits on a 943 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Beech Road, Purley On Thames, Reading, RG8 is located within the RG8 postal district.
Lower House, Reading has 3 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated April 2015.
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 Lower House Reading as £1,030,519 and the rental value as £3,244 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Lower House Reading has decreased by £30,843 (3.0%) and its rental value has increased by £91 per month (2.8%).
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 Lower House, Reading is in very good condition we estimate a sale value of £1,082,045 and rental value of £3,407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £958,383 and a rental value of £3,017 per month.
If you were able to purchase this property for the estimated value of £1,030,519, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,065 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, Lower House, Reading sits on a plot of 943m2.
We have plot size data on 17 out of 27 other houses in the postcode and Lower House, Reading sits on the 5th largest plot.
According to HM Land Registry, Lower House, Reading was last sold on 03 May 2024 for £1,200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower House, Reading within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 9A, Beech Road, Reading, RG8 8DR, a Freehold house which sold for £865,000 in Sep 2019.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Road, Purley On Thames, Reading, RG8 has a total of 60 addresses. According to our analysis of all the public data, Lower House, Reading is the 2nd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £313k more expensive than the average property in RG8.
Lower House, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2015.
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 Lower House, Reading is Tilehurst station which is 2.2 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 Lower House, Reading, 46.8% of property is privately owned with a mortgage and 46.0% 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 Lower House, Reading, 21.7% of residents are recorded as possessing school level qualifications and 51.1% 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 Lower House, Reading, the average age was 43.9 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 Lower House, Reading, 3.6% 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 Lower House, 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.