389 Road, Reading
389 Road, Reading
Description & Estimates
389 Road, Reading is recorded publicly as a period freehold house across 1,937 ft2 of internal area, sitting on a 185 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 389 Road, Reading is £352,186 and its rental estimate is £2,156 per month, given the available information and assuming reasonable condition.
London Road, Reading, RG1 falls within the RG1 postal district.
Our Data Sources
389 Road, Reading has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated December 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 389 Road, Reading, we estimate a market value of £369,795 and a rental value of £2,264 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,533 and £2,005 per month respectively.
Recent Market Change
Over the last year, 389 Road, Reading has seen its estimated sale value fall by £11,568 (3.3%) and its estimated rental value move up by £30 per month (1.4%). This results in an estimated gross rental yield of 7.3%.
Plot Size
HM Land Registry records the plot of land for 389 Road, Reading as measuring 185 m2.
That makes it the 5th largest plot in the postcode, where 19 of the 26 other houses have recorded plot data.
Energy Efficiency
389 Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2024.
The property is 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 389 Road, Reading completed on 11th August 2023 at £316,000 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 risen by 18.8% over the period since August 2023.
- Sold Aug 2023£316,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 389 Road, Reading have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th March 2021, was 397, London Road, Reading, RG1 3PB, a freehold house which sold for £390,000.
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 508 addresses on London Road, Reading, RG1, 389 Road, Reading comes out as the 22nd largest and the 68th most expensive in our analysis of the public data.
It is also £56k more expensive than the average property across the RG1 district.
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Schools Nearby
- 600mNew Town Primary School
- 700mSt John's Church of England Primary School
- 800mAlfred Sutton Primary School
- 800mMaiden Erlegh School in Reading
- 800mUTC Reading
- 1.1kmReading School
More reading links
Public Transport Nearby
From 389 Road, Reading, the nearest station is Reading, 2.1 kilometres away.
- 2.1kmReading
- 2.3kmEarley
- 3.3kmReading 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.
