According to the public record, Newlands, Reading is a modern freehold house with 742 ft2 of internal area and sits on a 352 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cross Keys Road, South Stoke, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
Newlands, Reading has 31 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated June 2019.
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 Newlands Reading as £410,043 and the rental value as £1,809 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Newlands Reading has increased by £1,850 (0.5%) and its rental value has increased by £108 per month (6.0%).
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 Newlands, Reading is in very good condition we estimate a sale value of £430,545 and rental value of £1,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,340 and a rental value of £1,682 per month.
If you were able to purchase this property for the estimated value of £410,043, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,015 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, Newlands, Reading sits on a plot of 352m2.
We have plot size data on 11 out of 16 other houses in the postcode and Newlands, Reading sits on the 8th largest plot.
According to HM Land Registry, Newlands, Reading was last sold on 10 Aug 2020 for £352,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2020, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Newlands, Reading within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 5, Wallingford Road, Reading, RG8 0JD, a Freehold house which sold for £425,000 in Jul 2022.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Keys Road, South Stoke, Reading, RG8 has a total of 23 addresses. According to our analysis of all the public data, Newlands, Reading is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in RG8.
Newlands, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2019.
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 Newlands, Reading is Goring & Streatley station which is 2.9 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 Newlands, Reading, 45.5% of property is privately owned outright and 39.3% 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 Newlands, Reading, 20.7% of residents are recorded as possessing school level qualifications and 54.3% 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 Newlands, Reading, the average age was 39.1 and the most common age was 32.
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 Newlands, Reading, 1.4% 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 Newlands, 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.