1, Omers Rise
1, Omers Rise
Description & Estimates
1, Omers Rise, Reading is recorded publicly as a mid-century freehold house across 764 ft2 of internal area, sitting on a 320 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Omers Rise, Reading is £312,623 and its rental estimate is £1,579 per month, given the available information and assuming reasonable condition.
Omers Rise, Burghfield Common, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
1, Omers Rise, Reading has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Omers Rise, Reading, we estimate a market value of £328,254 and a rental value of £1,657 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,740 and £1,468 per month respectively.
Recent Market Change
Over the last year, 1, Omers Rise, Reading has seen its estimated sale value decrease by £6,573 (2.1%) and its estimated rental value grow by £37 per month (2.3%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 1, Omers Rise, Reading as measuring 320 m2.
That makes it the 2nd largest plot in the postcode, where 11 of the 30 other houses have recorded plot data.
Energy Efficiency
1, Omers Rise, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Omers Rise, Reading completed on 3rd April 2023 at £307,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 21.7% over the period since April 2023.
- Sold Apr 2023£307,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Omers Rise, Reading have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 41, Omers Rise, Reading, RG7 3HH, a freehold house which sold for £327,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 102 addresses on Omers Rise, Burghfield Common, Reading, RG7, 1, Omers Rise, Reading comes out as the 51st largest and the 36th most expensive in our analysis of the public data.
It is also £227k less expensive than the average property across the RG7 district.
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Schools Nearby
- 300mGarland Junior School
- 300mMrs Bland's Infant School
- 1.6kmSulhamstead and Ufton Nervet School
- 500mThe Willink School
- 4.2kmTheale Green School
- 6.1kmLittle Heath School
More reading links
Public Transport Nearby
From 1, Omers Rise, Reading, the nearest station is Theale, 3.7 kilometres away.
- 3.7kmTheale
- 3.9kmMortimer
- 4.9kmAldermaston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
