According to the public record, The Old Bakery, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,585 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Pangbourne Road, Upper Basildon, Reading, RG8 is located within the RG8 postal district.
The Old Bakery, Reading has a single entry in the Land Registry database from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for The Old Bakery Reading as £1,122,892 and the rental value as £3,080 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of The Old Bakery Reading has decreased by £25,685 (2.3%) and its rental value has increased by £95 per month (3.1%).
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 Old Bakery, Reading is in very good condition we estimate a sale value of £1,179,037 and rental value of £3,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,044,290 and a rental value of £2,864 per month.
If you were able to purchase this property for the estimated value of £1,122,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,519 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, The Old Bakery, Reading was last sold on 27 Jul 2007 for £840,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 56.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Bakery, Reading within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Oriel, Aldworth Road, Reading, RG8 8NG, a Freehold house which sold for £1,100,000 in Aug 2023.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pangbourne Road, Upper Basildon, Reading, RG8 has a total of 42 addresses. According to our analysis of all the public data, The Old Bakery, Reading is the 14th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £406k more expensive than the average property in RG8.
The closest station to The Old Bakery, Reading is Pangbourne station which is 3.2 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 Old Bakery, Reading, 47.2% of property is privately owned outright and 40.3% 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 Old Bakery, Reading, 16.3% of residents are recorded as possessing school level qualifications and 60.8% 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 Old Bakery, Reading, the average age was 43.7 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 Old Bakery, Reading, 4.3% 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 The Old Bakery, Reading, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.