2 Derby Villas, Reading
2 Derby Villas, Reading
Description & Estimates
2 Derby Villas, Reading is recorded publicly as a modern freehold house across 1,797 ft2 of internal area, sitting on a 178 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2 Derby Villas, Reading is £673,759 and its rental estimate is £2,219 per month, given the available information and assuming reasonable condition.
Derby Road, Caversham, Reading, RG4 falls within the RG4 postal district.
Our Data Sources
2 Derby Villas, Reading has 3 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated October 2010.
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.
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 2 Derby Villas, Reading, we estimate a market value of £707,447 and a rental value of £2,330 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £626,596 and £2,064 per month respectively.
Recent Market Change
Over the last year, 2 Derby Villas, Reading has seen its estimated sale value decline by £14,756 (2.2%) and its estimated rental value climb by £43 per month (1.9%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for 2 Derby Villas, Reading as measuring 178 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
2 Derby Villas, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 Derby Villas, Reading completed on 1st February 2021 at £595,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 2.5% over the period since February 2021.
- Sold Feb 2021£595,000
- Sold May 2016£570,000
- Sold Apr 2015£492,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Derby Villas, Reading have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2022, was 1 Derby Villas, Derby Road, Reading, RG4 5DP, a freehold house which sold for £745,000.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 115 addresses on Derby Road, Caversham, Reading, RG4, 2 Derby Villas, Reading comes out as the 19th largest and the 20th most expensive in our analysis of the public data.
It is also £113k more expensive than the average property across the RG4 district.
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Schools Nearby
- 500mSt Anne's Catholic Primary School
- 700mCaversham Primary School
- 800mThe Hill Primary School
- 1.3kmHighdown School and Sixth Form Centre
- 1.8kmRiver Academy
- 2.3kmKendrick School
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Public Transport Nearby
From 2 Derby Villas, Reading, the nearest station is Reading, 1.6 kilometres away.
- 1.6kmReading
- 2.6kmReading West
- 4.5kmTilehurst
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
