According to the public record, The Red House, Reading is a period freehold house with 3,509 ft2 of internal area and sits on a 3,971 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Street, Aldermaston, Reading, RG7 is located within the RG7 postal district.
The Red House, Reading has 31 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated August 2017.
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 Red House Reading as £1,597,202 and the rental value as £3,696 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of The Red House Reading has decreased by £43,397 (2.7%) and its rental value has increased by £59 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 The Red House, Reading is in very good condition we estimate a sale value of £1,677,062 and rental value of £3,881 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,485,398 and a rental value of £3,437 per month.
If you were able to purchase this property for the estimated value of £1,597,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,850 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 Red House, Reading sits on a plot of 3971m2.
We have plot size data on 8 out of 15 other houses in the postcode and The Red House, Reading sits on the 2nd largest plot.
According to HM Land Registry, The Red House, Reading was last sold on 23 Mar 2018 for £1,740,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2018, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Red House, Reading within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Maesbury, Rag Hill, Reading, RG7 4NX, a Freehold house which sold for £1,710,000 in Jun 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Street, Aldermaston, Reading, RG7 has a total of 39 addresses. According to our analysis of all the public data, The Red House, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £1.073m more expensive than the average property in RG7.
The Red House, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Aug 2017.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to The Red House, Reading is Midgham station which is 2.2 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 Red House, Reading, 32.6% of property is privately owned with a mortgage and 31.0% is privately owned outright.
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 Red House, Reading, 13.3% of residents are recorded as possessing school level qualifications and 36.7% 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 Red House, 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 The Red House, Reading, 0.5% 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 The Red House, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.