According to the public record, Ridgewood, Reading is a mid-century freehold house with 1,862 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Beech Lane, Woodcote, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
Ridgewood, Reading has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated February 2021.
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 Ridgewood Reading as £907,514 and the rental value as £2,782 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Ridgewood Reading has decreased by £4,706 (0.5%) and its rental value has increased by £140 per month (5.0%).
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 Ridgewood, Reading is in very good condition we estimate a sale value of £952,889 and rental value of £2,921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £843,988 and a rental value of £2,587 per month.
If you were able to purchase this property for the estimated value of £907,514, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,460 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, Ridgewood, Reading was last sold on 10 Mar 2021 for £871,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ridgewood, Reading within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 5, Wood Lane, Reading, RG8 0PU, a Freehold house which sold for £840,000 in Jun 2023.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Lane, Woodcote, Reading, RG8 has a total of 76 addresses. According to our analysis of all the public data, Ridgewood, Reading is the 24th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in RG8.
Ridgewood, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Feb 2021.
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 Ridgewood, Reading is Goring & Streatley station which is 3.8 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 Ridgewood, Reading, 50.4% of property is privately owned outright and 38.5% 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 Ridgewood, Reading, 18.9% of residents are recorded as possessing school level qualifications and 51.4% 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 Ridgewood, Reading, the average age was 45.3 and the most common age was 52.
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 Ridgewood, Reading, 1.7% 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 Ridgewood, 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.