According to the public record, Sterling Cottage, Reading is a modern house with 1,970 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Mill Lane, Padworth, Reading, RG7 is located within the RG7 postal district.
Sterling Cottage, Reading has no records in the Land Registry database and a single entry in the EPC database dated April 2010.
We combine this information with public data 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 Sterling Cottage Reading as £839,847 and the rental value as £2,294 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Sterling Cottage Reading has decreased by £22,819 (2.7%) and its rental value has increased by £36 per month (1.6%).
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 Sterling Cottage, Reading is in very good condition we estimate a sale value of £881,840 and rental value of £2,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £781,058 and a rental value of £2,133 per month.
If you were able to purchase this property for the estimated value of £839,847, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,128 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, Sterling Cottage, Reading sits on a plot of 339m2.
We have plot size data on 4 out of 9 other houses in the postcode and Sterling Cottage, Reading sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Sterling Cottage, Reading within a radius of 3.6 kilometres over the last 2 years.
The most recent example is 5, Swan Drive, Reading, RG7 4UZ, a Freehold house which sold for £580,000 in Jul 2019.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Padworth, Reading, RG7 has a total of 36 addresses. According to our analysis of all the public data, Sterling Cottage, Reading is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in RG7.
Sterling Cottage, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Apr 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Sterling Cottage, Reading is Aldermaston station which is 700 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 Sterling Cottage, Reading, 51.0% of property is privately owned outright and 38.1% 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 Sterling Cottage, Reading, 14.5% of residents are recorded as possessing school level qualifications and 39.1% 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 Sterling Cottage, Reading, the average age was 42 and the most common age was 17.
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 Sterling Cottage, 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 Sterling Cottage, 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.