3, Railway Terrace
3, Railway Terrace
Description & Estimates
3, Railway Terrace, Reading is recorded publicly as a period freehold house across 1,323 ft2 of internal area, sitting on a 948 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Railway Terrace, Reading is £565,180 and its rental estimate is £1,916 per month, given the available information and assuming reasonable condition.
Railway Terrace, Mortimer, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
3, Railway Terrace, Reading has 31 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, Railway Terrace, Reading, we estimate a market value of £593,439 and a rental value of £2,012 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £525,617 and £1,782 per month respectively.
Recent Market Change
Over the last year, 3, Railway Terrace, Reading has seen its estimated sale value fall by £9,993 (1.8%) and its estimated rental value move up by £46 per month (2.4%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 3, Railway Terrace, Reading as measuring 948 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
3, Railway Terrace, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 3, Railway Terrace, Reading completed on 12th March 2021 at £520,000 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 4.6% over the period since March 2021.
- Sold Mar 2021£520,000
- Sold May 2002£250,000
- Sold May 1995£98,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Railway Terrace, Reading have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2025, was 16 Mortimer Hall, The Street, Reading, RG7 3NS, a freehold house which sold for £550,000.
Read more about house prices in RG7.
- Sold Dec 2025£550,000 | 3 Bed House16 Mortimer Hall, The Street, Reading, RG7 3NS16 Mortimer Hall, The Street, Reading, RG7 3NS
- Sold Jan 2021£538,500 | 4 Bed HouseKnoll Cottage, The Street, Reading, RG7 3PEKnoll Cottage, The Street, Reading, RG7 3PE
- Sold Nov 2007£310,000 | 3 Bed House1, Railway Terrace, Reading, RG7 3PA1, Railway Terrace, Reading, RG7 3PA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Railway Terrace, Mortimer, Reading, RG7, 3, Railway Terrace, Reading comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the RG7 district.
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Schools Nearby
- 700mMortimer St Mary's C.E. Junior School
- 1.7kmMortimer St. John's C.E. Infant School
- 3.7kmMrs Bland's Infant School
- 3.6kmThe Willink School
- 6.1kmOakbank School
- 7.9kmHartland High School
More reading links
Public Transport Nearby
From 3, Railway Terrace, Reading, the nearest station is Mortimer, 100 metres away.
- 100mMortimer
- 5.0kmBramley (Hampshire)
- 6.6kmReading Green Park
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
