3, Saddle Place
3, Saddle Place
Description & Estimates
3, Saddle Place, Reading is recorded publicly as a modern freehold house across 1,517 ft2 of internal area, sitting on a 280 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Saddle Place, Reading is £645,843 and its rental estimate is £2,541 per month, given the available information and assuming reasonable condition.
Saddle Place, Arborfield Green, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
3, Saddle Place, Reading has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated October 2022.
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 3, Saddle Place, Reading, we estimate a market value of £678,135 and a rental value of £2,668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £600,634 and £2,363 per month respectively.
Recent Market Change
Over the last year, 3, Saddle Place, Reading has seen its estimated sale value decline by £17,333 (2.7%) and its estimated rental value climb by £59 per month (2.3%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 3, Saddle Place, Reading as measuring 280 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 15 other houses have recorded plot data.
Energy Efficiency
3, Saddle Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2022.
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 3, Saddle Place, Reading completed on 31st October 2022 at £705,000 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 17.8% over the period since October 2022.
- Sold Oct 2022£705,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Saddle Place, Reading have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 109, Martingale Grove, Reading, RG2 9HD, a freehold house which sold for £660,000.
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 15 addresses on Saddle Place, Arborfield Green, Reading, RG2, 3, Saddle Place, Reading comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £272k more expensive than the average property across the RG2 district.
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Schools Nearby
- 1.2kmThe Coombes Church of England Primary School
- 2.3kmFarley Hill Primary School
- 2.5kmGorse Ride Junior School
- 900mBohunt School Wokingham
- 4.7kmThe Emmbrook School
- 4.8kmThe Holt School
More reading links
Public Transport Nearby
From 3, Saddle Place, Reading, the nearest station is Wokingham, 4.4 kilometres away.
- 4.4kmWokingham
- 4.8kmWinnersh
- 5.4kmWinnersh Triangle
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
