According to the public record, Ridgemount, Reading is a mid-century freehold house with 3,272 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Ridge, Lower Basildon, Reading, RG8 is located within the RG8 postal district.
Ridgemount, Reading has 21 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated March 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 Ridgemount Reading as £1,219,795 and the rental value as £3,497 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Ridgemount Reading has decreased by £27,901 (2.3%) and its rental value has increased by £108 per month (3.1%).
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 Ridgemount, Reading is in very good condition we estimate a sale value of £1,280,785 and rental value of £3,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,134,410 and a rental value of £3,252 per month.
If you were able to purchase this property for the estimated value of £1,219,795, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,995 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, Ridgemount, Reading was last sold on 30 Mar 2016 for £1,040,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ridgemount, Reading within a radius of 2.6 kilometres over the last 2 years.
The most recent example is The Old Parsonage, Reading, RG8 7PG, a Freehold house which sold for £1,630,000 in Feb 2024.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridge, Lower Basildon, Reading, RG8 has a total of 10 addresses. According to our analysis of all the public data, Ridgemount, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £503k more expensive than the average property in RG8.
Ridgemount, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Ridgemount, Reading is Pangbourne station which is 1.9 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 Ridgemount, Reading, 38.7% of property is privately owned with a mortgage and 27.7% 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 Ridgemount, Reading, 13.3% of residents are recorded as possessing school level qualifications and 55.9% 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 Ridgemount, Reading, the average age was 43.7 and the most common age was 57.
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 Ridgemount, Reading, 1.5% 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 Ridgemount, 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.