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Company No. 11113204
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According to the public record, 40, Patrick Road, Reading is a modern freehold house with 1,765 ft2 of internal area and sits on a 205 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Patrick Road, Reading is £715,008 and the estimated rental value is £2,189 per month.
Patrick Road, Caversham, Reading, RG4 is located within the RG4 postal district.
40, Patrick Road, Reading has a single entry in the Land Registry from May 2009 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Patrick Road, Reading is in very good condition we estimate a sale value of £750,759 and a rental value of £2,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £664,958 and a rental value of £2,036 per month.
Over the last 12 months the sale value of 40 Patrick Road Reading has decreased by an estimated £10,724 (1.5%) and its rental value has increased by an estimated £47 per month (2.1%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 40, Patrick Road, Reading sits on a plot of 205m2.
We have plot size data on 45 out of 45 other houses in the postcode and 40, Patrick Road, Reading sits on the 14th largest plot.
40, Patrick Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Patrick Road, Reading was last sold on 21st May 2009 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 141.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Patrick Road, Reading within a radius of 490 metres over the last 2 years.
The most recent example is 42, Patrick Road, Reading, RG4 8DD, a freehold house which sold for £810,000 on the 24th May 2023.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Patrick Road, Caversham, Reading, RG4 has a total of 47 addresses. According to our analysis of all the public data, 40, Patrick Road, Reading is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in RG4.
The closest station to 40, Patrick Road, Reading is Reading station which is 800 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Patrick Road, Reading, 28.4% of property is privately rented and 27.6% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Patrick Road, Reading, 21.6% of residents are recorded as possessing school level qualifications and 56.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Patrick Road, Reading, the average age was 36.8 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Patrick Road, Reading, 1.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Patrick Road, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
