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Company No. 11113204
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157, City Road, Reading is recorded publicly as a period freehold house across 678 ft2 of internal area, sitting on a 242 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 157, City Road, Reading is £323,801 and its rental estimate is £1,600 per month, given the available information and assuming reasonable condition.
City Road, Tilehurst, Reading, RG31 falls within the RG31 postal district.
157, City Road, Reading has 61 entries in the Land Registry , most recently in December 2020 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.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 157, City Road, Reading, we estimate a market value of £339,991 and a rental value of £1,680 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,135 and £1,488 per month respectively.
Over the last year, 157, City Road, Reading has seen its estimated sale value fall by £7,231 (2.2%) and its estimated rental value move up by £33 per month (2.0%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 157, City Road, Reading as measuring 242 m2.
That makes it the 22nd largest plot in the postcode, where all 30 other houses have recorded plot data.
157, City Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 157, City Road, Reading completed on 18th December 2020 at £310,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 30.6% over the period since December 2020.
Over the past 2 years 3 properties similar to 157, City Road, Reading have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st July 2023, was 6, Bitterne Avenue, Reading, RG31 4SP, a freehold house which sold for £325,000.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 135 addresses on City Road, Tilehurst, Reading, RG31, 157, City Road, Reading comes out as the 115th largest and the 118th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the RG31 district.
From 157, City Road, Reading, the nearest station is Theale, 2.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 157, City Road, Reading, 65.2% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 157, City Road, Reading, 14.5% of residents are recorded as possessing school level qualifications and 22.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 157, City Road, Reading, the average age was 43.5 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 157, City Road, Reading, 1.1% 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 157, City Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
