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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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42, King Street, Reading is recorded publicly as a period freehold house across 1,248 ft2 of internal area, sitting on a 238 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 42, King Street, Reading is £565,872 and its rental estimate is £1,904 per month, given the available information and assuming reasonable condition.
King Street, Mortimer Common, Reading, RG7 falls within the RG7 postal district.
42, King Street, Reading has 21 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated June 2019.
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.
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 42, King Street, Reading, we estimate a market value of £594,166 and a rental value of £1,999 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £526,261 and £1,771 per month respectively.
Over the last year, 42, King Street, Reading has seen its estimated sale value decline by £10,005 (1.8%) and its estimated rental value climb by £45 per month (2.4%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 42, King Street, Reading as measuring 238 m2.
That makes it the 37th largest plot in the postcode, where 37 of the 38 other houses have recorded plot data.
42, King Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 42, King Street, Reading completed on 9th February 2022 at £540,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 16.5% over the period since February 2022.
Over the past 2 years 3 properties similar to 42, King Street, Reading have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 2, Briar Lea Road, Reading, RG7 3SA, a freehold house which sold for £520,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on King Street, Mortimer Common, Reading, RG7, 42, King Street, Reading comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £27k more expensive than the average property across the RG7 district.
From 42, King Street, Reading, the nearest station is Mortimer, 2.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, King Street, Reading, 44.4% of property is socially rented and 25.2% is privately owned outright.
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 42, King Street, Reading, 15.5% of residents are recorded as possessing school level qualifications and 39.5% 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 42, King Street, Reading, the average age was 42.7 and the most common age was 47.
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 42, King Street, Reading, 2.9% 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 42, King Street, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
