According to the public record, Spin Hill, Thatcham is a modern freehold house with 2,314 ft2 of internal area and sits on a 663 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Hermitage Road, Cold Ash, Thatcham, RG18 is located within the RG18 postal district.
Spin Hill, Thatcham has 71 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated January 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 Spin Hill Thatcham as £1,053,872 and the rental value as £2,790 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Spin Hill Thatcham has decreased by £36,222 (3.4%) and its rental value has decreased by £5 per month (0.2%).
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 Spin Hill, Thatcham is in very good condition we estimate a sale value of £1,106,566 and rental value of £2,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £980,101 and a rental value of £2,595 per month.
If you were able to purchase this property for the estimated value of £1,053,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,179 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, Spin Hill, Thatcham sits on a plot of 663m2.
We have plot size data on 7 out of 17 other houses in the postcode and Spin Hill, Thatcham sits on the 7th largest plot.
According to HM Land Registry, Spin Hill, Thatcham was last sold on 21 Feb 2018 for £775,000 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since Feb 2018, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Spin Hill, Thatcham within a radius of 2.6 kilometres over the last 2 years.
The most recent example is The Briars, Hermitage Road, Thatcham, RG18 9JH, a Freehold house which sold for £940,000 in Feb 2023.
Read more about house prices in RG18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermitage Road, Cold Ash, Thatcham, RG18 has a total of 39 addresses. According to our analysis of all the public data, Spin Hill, Thatcham is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £580k more expensive than the average property in RG18.
Spin Hill, Thatcham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 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 Spin Hill, Thatcham is Newbury Racecourse station which is 4.9 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 Spin Hill, Thatcham, 56.0% of property is privately owned outright and 38.4% 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 Spin Hill, Thatcham, 22.9% of residents are recorded as possessing school level qualifications and 54.5% 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 Spin Hill, Thatcham, the average age was 40.1 and the most common age was 12.
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 Spin Hill, Thatcham, 3.3% 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 Spin Hill, Thatcham, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.