15, The Drive
15, The Drive
Description & Estimates
15, The Drive, Reading appears in the public record as a freehold house sitting on a 407 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,083 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 15, The Drive, Reading is £466,488 and its rental estimate is £1,938 per month, given the available information and assuming reasonable condition.
The Drive, Earley, Reading, RG6 falls within the RG6 postal district.
Our Data Sources
15, The Drive, Reading has a single entry in the Land Registry from August 2008 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.
The local information is scored as 5 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 15, The Drive, Reading, we estimate a market value of £489,812 and a rental value of £2,034 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £433,834 and £1,802 per month respectively.
Recent Market Change
Over the last year, 15, The Drive, Reading has seen its estimated sale value move down by £12,968 (2.8%) and its estimated rental value increase by £28 per month (1.5%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 15, The Drive, Reading as measuring 407 m2.
That makes it the 26th largest plot in the postcode, where 50 of the 51 other houses have recorded plot data.
Sold Prices
The most recent sale of 15, The Drive, Reading completed on 15th August 2008 at £280,000 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 84.3% over the period since August 2008.
- Sold Aug 2008£280,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, The Drive, Reading have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th June 2024, was 24, Erleigh Court Gardens, Reading, RG6 1EH, a freehold house which sold for £490,000.
Read more about house prices in RG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 51 addresses on The Drive, Earley, Reading, RG6, 15, The Drive, Reading comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the RG6 district.
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Schools Nearby
- 800mAlfred Sutton Primary School
- 1.2kmHighwood Primary School
- 1.2kmNew Town Primary School
- 1.0kmMaiden Erlegh School in Reading
- 1.0kmUTC Reading
- 1.0kmThe Bulmershe School
More reading links
Public Transport Nearby
From 15, The Drive, Reading, the nearest station is Earley, 1.8 kilometres away.
- 1.8kmEarley
- 2.7kmReading
- 3.5kmWinnersh Triangle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
