According to the public record, Oakfield Cottage, Reading is a period freehold house with 1,232 ft2 of internal area and sits on a 968 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Street, Mortimer, Reading, RG7 is located within the RG7 postal district.
Oakfield Cottage, Reading has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated October 2009.
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 Oakfield Cottage Reading as £659,404 and the rental value as £1,941 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Oakfield Cottage Reading has decreased by £17,190 (2.6%) and its rental value has increased by £56 per month (2.9%).
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 Oakfield Cottage, Reading is in very good condition we estimate a sale value of £692,374 and rental value of £2,039 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,246 and a rental value of £1,806 per month.
If you were able to purchase this property for the estimated value of £659,404, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,241 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, Oakfield Cottage, Reading sits on a plot of 968m2.
We have plot size data on 6 out of 11 other houses in the postcode and Oakfield Cottage, Reading sits on the 2nd largest plot.
According to HM Land Registry, Oakfield Cottage, Reading was last sold on 11 Dec 2009 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 61.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oakfield Cottage, Reading within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Knoll Cottage, The Street, Reading, RG7 3PE, a Freehold house which sold for £538,500 in Jan 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Street, Mortimer, Reading, RG7 has a total of 89 addresses. According to our analysis of all the public data, Oakfield Cottage, Reading is the 58th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in RG7.
Oakfield Cottage, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Oct 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using an oil fired boiler and radiators.
The closest station to Oakfield Cottage, Reading is Mortimer station which is 200 metres 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 Oakfield Cottage, Reading, 38.0% of property is privately owned outright and 36.4% 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 Oakfield Cottage, Reading, 19.4% of residents are recorded as possessing school level qualifications and 57.7% 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 Oakfield Cottage, Reading, the average age was 42.7 and the most common age was 47.
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 Oakfield Cottage, Reading, 1.1% 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 Oakfield Cottage, 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.