38, Manchester Road
38, Manchester Road
Description & Estimates
38, Manchester Road, Reading is recorded publicly as a period freehold house across 1,011 ft2 of internal area, sitting on a 105 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Manchester Road, Reading is £324,394 and its rental estimate is £1,900 per month, given the available information and assuming reasonable condition.
Manchester Road, Reading, RG1 falls within the RG1 postal district.
Our Data Sources
38, Manchester Road, Reading has 31 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated February 2013.
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 38, Manchester Road, Reading, we estimate a market value of £340,614 and a rental value of £1,995 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,686 and £1,767 per month respectively.
Recent Market Change
Over the last year, 38, Manchester Road, Reading has seen its estimated sale value move down by £8,096 (2.5%) and its estimated rental value increase by £42 per month (2.2%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 38, Manchester Road, Reading as measuring 105 m2.
That makes it the 21st largest plot in the postcode, where 22 of the 24 other houses have recorded plot data.
Energy Efficiency
38, Manchester Road, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Feb 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Manchester Road, Reading completed on 1st September 2011 at £185,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 76.6% over the period since September 2011.
- Sold Sep 2011£185,000
- Sold Mar 2003£165,000
- Sold Nov 1996£51,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Manchester Road, Reading have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2024, was 44, Manchester Road, Reading, RG1 3QN, a freehold house which sold for £357,500.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 61 addresses on Manchester Road, Reading, RG1, 38, Manchester Road, Reading comes out as the 29th largest and the 18th most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the RG1 district.
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Schools Nearby
- 500mNew Town Primary School
- 700mSt John's Church of England Primary School
- 900mAlfred Sutton Primary School
- 900mMaiden Erlegh School in Reading
- 900mUTC Reading
- 1.1kmReading School
More reading links
Public Transport Nearby
From 38, Manchester Road, Reading, the nearest station is Reading, 2.0 kilometres away.
- 2.0kmReading
- 2.4kmEarley
- 3.2kmReading West
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
