According to the public record, The Thatched Cottage, Reading is a period freehold house with 2,077 ft2 of internal area and sits on a 1,031 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
North Street, Theale, Reading, RG7 is located within the RG7 postal district.
The Thatched Cottage, Reading has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated May 2012.
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 Thatched Cottage Reading as £1,082,078 and the rental value as £2,574 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of The Thatched Cottage Reading has decreased by £35,356 (3.3%) and its rental value has increased by £64 per month (2.5%).
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 Thatched Cottage, Reading is in very good condition we estimate a sale value of £1,136,182 and rental value of £2,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,006,332 and a rental value of £2,394 per month.
If you were able to purchase this property for the estimated value of £1,082,078, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,318 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 Thatched Cottage, Reading sits on a plot of 1031m2.
We have plot size data on 12 out of 18 other houses in the postcode and The Thatched Cottage, Reading sits on the 7th largest plot.
According to HM Land Registry, The Thatched Cottage, Reading was last sold on 20 Jun 2013 for £787,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 42.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Thatched Cottage, Reading within a radius of 1.9 kilometres over the last 2 years.
The most recent example is Bryar Cottage, North Street, Reading, RG7 5EX, a Freehold house which sold for £1,150,000 in Nov 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Street, Theale, Reading, RG7 has a total of 31 addresses. According to our analysis of all the public data, The Thatched Cottage, Reading is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £557k more expensive than the average property in RG7.
The Thatched Cottage, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 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 The Thatched Cottage, Reading is Theale station which is 1.6 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 Thatched Cottage, Reading, 69.3% of property is privately rented and 12.3% 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 Thatched Cottage, Reading, 15.1% of residents are recorded as possessing school level qualifications and 30.9% 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 Thatched Cottage, Reading, the average age was 41.2 and the most common age was 52.
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 Thatched Cottage, Reading, 0.0% 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 Thatched Cottage, 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.