According to the public record, The Lodge, Reading is a period freehold house with 893 ft2 of internal area and sits on a 2,132 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brimpton Common, Reading, RG7 is located in the borough of Basingstoke and Deane within the RG7 postal district.
The Lodge, Reading has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated June 2019.
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 The Lodge Reading as £468,931 and the rental value as £1,811 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of The Lodge Reading has decreased by £4,799 (1.0%) and its rental value has increased by £54 per month (3.0%).
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 The Lodge, Reading is in very good condition we estimate a sale value of £492,378 and rental value of £1,902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,106 and a rental value of £1,684 per month.
If you were able to purchase this property for the estimated value of £468,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,305 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, The Lodge, Reading sits on a plot of 2132m2.
We have plot size data on 7 out of 11 other houses in the postcode and The Lodge, Reading sits on the 3rd largest plot.
According to HM Land Registry, The Lodge, Reading was last sold on 16 Aug 2019 for £595,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Lodge, Reading within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 2 Hockford Barns, Hockford Lane, Reading, RG7 4AY, a Freehold house which sold for £450,000 in Mar 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brimpton Common, Reading, RG7 has a total of 51 addresses. According to our analysis of all the public data, The Lodge, Reading is the 47th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in RG7.
The Lodge, Reading has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 12 Jun 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to The Lodge, Reading is Midgham 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 The Lodge, Reading, 58.1% of property is privately owned outright and 35.5% 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 The Lodge, Reading, 15.5% of residents are recorded as possessing school level qualifications and 34.6% 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 The Lodge, Reading, the average age was 44.8 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 The Lodge, Reading, 3.2% 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 The Lodge, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.