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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Cressingham Road, Reading is £702,312 and the estimated rental value is £3,084 per month.
Cressingham Road, Reading, RG2 is located within the RG2 postal district.
47, Cressingham Road, Reading has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 2021.
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.
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 47, Cressingham Road, Reading is in very good condition we estimate a sale value of £737,427 and a rental value of £3,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £653,150 and a rental value of £2,868 per month.
Over the last 12 months the sale value of 47 Cressingham Road Reading has decreased by an estimated £20,879 (3.0%) and its rental value has increased by an estimated £54 per month (1.8%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 47, Cressingham Road, Reading sits on a plot of 1122m2.
We have plot size data on 6 out of 9 other houses in the postcode and 47, Cressingham Road, Reading sits on the 2nd largest plot.
47, Cressingham Road, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Aug 2021.
The property is connected to mains gas and has partial secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47, Cressingham Road, Reading was last sold on 18th August 2022 for £700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 26.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 47, Cressingham Road, Reading within a radius of 560 metres over the last 2 years.
The most recent example is 25, Cressingham Road, Reading, RG2 7RT, a freehold house which sold for £700,000 on the 7th July 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cressingham Road, Reading, RG2 has a total of 171 addresses. According to our analysis of all the public data, 47, Cressingham Road, Reading is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £327k more expensive than the average property in RG2.
The closest station to 47, Cressingham Road, Reading is Earley station which is 2.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 47, Cressingham Road, Reading, 43.8% of property is privately owned outright and 29.8% 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 47, Cressingham Road, Reading, 12.4% of residents are recorded as possessing school level qualifications and 35.8% 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 47, Cressingham Road, Reading, the average age was 32.4 and the most common age was 17.
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 47, Cressingham Road, Reading, 0.0% 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 47, Cressingham Road, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.