According to the public record, Mariners, Reading is a modern house with 2,723 ft2 of internal area and sits on a 3,898 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mariners Lane, Southend, Reading, RG7 is located within the RG7 postal district.
Mariners, Reading has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
We combine this information with public data 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 Mariners Reading as £1,189,257 and the rental value as £2,752 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Mariners Reading has decreased by £33,091 (2.8%) and its rental value has increased by £59 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 Mariners, Reading is in very good condition we estimate a sale value of £1,248,720 and rental value of £2,890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,106,009 and a rental value of £2,559 per month.
If you were able to purchase this property for the estimated value of £1,189,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,845 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, Mariners, Reading sits on a plot of 3898m2.
We have plot size data on 4 out of 6 other houses in the postcode and Mariners, Reading sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mariners, Reading within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Oak Tree House, Admoor Lane, Reading, RG7 6HT, a Freehold house which sold for £1,157,500 in Sep 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mariners Lane, Southend, Reading, RG7 has a total of 15 addresses. According to our analysis of all the public data, Mariners, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £665k more expensive than the average property in RG7.
Mariners, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jan 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Mariners, Reading is Aldermaston station which is 3.9 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 Mariners, Reading, 36.4% of property is privately owned outright and 36.4% is privately rented.
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 Mariners, Reading, 20.9% of residents are recorded as possessing school level qualifications and 52.2% 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 Mariners, 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 Mariners, Reading, 0.7% 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 Mariners, 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.