23, Pettit Place
23, Pettit Place
Description & Estimates
23, Pettit Place, Reading is recorded publicly as a modern freehold house across 1,194 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 23, Pettit Place, Reading is £583,269 and its rental estimate is £2,386 per month, given the available information and assuming reasonable condition.
Pettit Place, Shinfield, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
23, Pettit Place, Reading has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated March 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 23, Pettit Place, Reading, we estimate a market value of £612,432 and a rental value of £2,505 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £542,440 and £2,219 per month respectively.
Recent Market Change
Over the last year, 23, Pettit Place, Reading has seen its estimated sale value move down by £15,654 (2.7%) and its estimated rental value increase by £56 per month (2.3%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
23, Pettit Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 23, Pettit Place, Reading completed on 31st May 2023 at £610,000 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 dropped by 18.2% over the period since May 2023.
- Sold May 2023£610,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Pettit Place, Reading have sold within a radius of 950 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was 2, Shepherd Road, Reading, RG2 9SR, a freehold house which sold for £645,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 23 addresses on Pettit Place, Shinfield, Reading, RG2, 23, Pettit Place, Reading comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £210k more expensive than the average property across the RG2 district.
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Schools Nearby
- 800mShinfield Infant and Nursery School
- 900mShinfield St Mary's CofE Junior School
- 1.1kmAlder Grove Church of England Primary School
- 1.8kmOakbank School
- 2.2kmHartland High School
- 3.2kmReading Girls' School
More reading links
Public Transport Nearby
From 23, Pettit Place, Reading, the nearest station is Earley, 3.8 kilometres away.
- 3.8kmEarley
- 4.4kmReading Green Park
- 4.6kmWinnersh Triangle
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
