According to the public record, Merry Winds, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,459 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Brimpton Common, Reading, RG7 is located within the RG7 postal district.
Merry Winds, Reading has a single entry in the Land Registry database from September 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Merry Winds Reading as £641,794 and the rental value as £2,127 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Merry Winds Reading has decreased by £13,461 (2.1%) and its rental value has increased by £32 per month (1.5%).
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 Merry Winds, Reading is in very good condition we estimate a sale value of £673,884 and rental value of £2,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,869 and a rental value of £1,978 per month.
If you were able to purchase this property for the estimated value of £641,794, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,154 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 HM Land Registry, Merry Winds, Reading was last sold on 28 Sep 2006 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Merry Winds, Reading within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Brimpton Lane House, Brimpton Lane, Reading, RG7 4RX, a Freehold house which sold for £750,000 in Dec 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brimpton Common, Reading, RG7 has a total of 51 addresses. According to our analysis of all the public data, Merry Winds, Reading is the 33rd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in RG7.
The closest station to Merry Winds, Reading is Midgham station which is 3.5 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 Merry Winds, Reading, 34.1% of property is privately owned outright and 25.4% 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 Merry Winds, Reading, 14.7% of residents are recorded as possessing school level qualifications and 36.9% 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 Merry Winds, 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 Merry Winds, 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 Merry Winds, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.