According to the public record, Terra Cotta, Reading is a mid-century house with 1,722 ft2 of internal area and sits on a 530 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
School Lane, Burghfield Common, Reading, RG7 is located within the RG7 postal district.
Terra Cotta, Reading has no records in the Land Registry database and a single entry in the EPC database dated May 2012.
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 Terra Cotta Reading as £628,443 and the rental value as £2,102 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Terra Cotta Reading has decreased by £16,164 (2.6%) and its rental value has increased by £68 per month (3.2%).
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 Terra Cotta, Reading is in very good condition we estimate a sale value of £659,865 and rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £584,452 and a rental value of £1,955 per month.
If you were able to purchase this property for the estimated value of £628,443, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,089 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, Terra Cotta, Reading sits on a plot of 530m2.
We have plot size data on 2 out of 5 other houses in the postcode and Terra Cotta, Reading sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Terra Cotta, Reading within a radius of 870 metres over the last 2 years.
The most recent example is 32, Birch Road, Reading, RG7 3LX, a Freehold house which sold for £575,000 in May 2024.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Burghfield Common, Reading, RG7 has a total of 41 addresses. According to our analysis of all the public data, Terra Cotta, Reading is the 10th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in RG7.
Terra Cotta, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 May 2012.
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 Terra Cotta, Reading is Mortimer 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 Terra Cotta, Reading, 59.3% of property is privately owned outright and 35.6% 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 Terra Cotta, Reading, 21.6% of residents are recorded as possessing school level qualifications and 47.2% 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 Terra Cotta, Reading, the average age was 40.5 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 Terra Cotta, Reading, 3.1% 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 Terra Cotta, 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.