According to the public record, The Old Post Office, Reading is a period freehold house with 1,345 ft2 of internal area and sits on a 1,436 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reading Road, Padworth Common, Reading, RG7 is located within the RG7 postal district.
The Old Post Office, Reading has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated May 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 Old Post Office Reading as £720,943 and the rental value as £1,995 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of The Old Post Office Reading has decreased by £16,622 (2.3%) and its rental value has increased by £60 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 Old Post Office, Reading is in very good condition we estimate a sale value of £756,990 and rental value of £2,094 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £670,477 and a rental value of £1,855 per month.
If you were able to purchase this property for the estimated value of £720,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,543 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 Old Post Office, Reading sits on a plot of 1436m2.
We have plot size data on 4 out of 8 other houses in the postcode and The Old Post Office, Reading sits on the 2nd largest plot.
According to HM Land Registry, The Old Post Office, Reading was last sold on 21 Nov 2019 for £560,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Post Office, Reading within a radius of 2.6 kilometres over the last 2 years.
The most recent example is Acorns, Chapel Lane, Reading, RG7 4QE, a Freehold house which sold for £690,000 in Jun 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reading Road, Padworth Common, Reading, RG7 has a total of 38 addresses. According to our analysis of all the public data, The Old Post Office, Reading is the 23rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in RG7.
The Old Post Office, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to The Old Post Office, Reading is Aldermaston station which is 3.6 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 Post Office, Reading, 41.1% of property is privately owned outright and 35.7% 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 Post Office, Reading, 35.8% of residents are recorded as possessing school level qualifications and 38.5% 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 The Old Post Office, Reading, the average age was 42.7 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 The Old Post Office, Reading, 1.8% 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 Post Office, 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.