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Company No. 11113204
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According to the public record, 7, Montpelier Drive, Reading is a mid-century freehold house with 1,244 ft2 of internal area and sits on a 277 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 7, Montpelier Drive, Reading is £467,908 and the estimated rental value is £1,975 per month.
Montpelier Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
7, Montpelier Drive, Reading has a single entry in the Land Registry from February 2012 and a single entry in the EPC database dated September 2011.
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.
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 7, Montpelier Drive, Reading is in very good condition we estimate a sale value of £491,304 and a rental value of £2,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,155 and a rental value of £1,837 per month.
Over the last 12 months the sale value of 7 Montpelier Drive Reading has decreased by an estimated £10,248 (2.2%) and its rental value has increased by an estimated £38 per month (1.9%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 7, Montpelier Drive, Reading sits on a plot of 277m2.
We have plot size data on 15 out of 15 other houses in the postcode and 7, Montpelier Drive, Reading sits on the 3rd largest plot.
7, Montpelier Drive, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Montpelier Drive, Reading was last sold on 3rd February 2012 for £242,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2012, the market for similar properties has risen 145.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Montpelier Drive, Reading within a radius of 850 metres over the last 2 years.
The most recent example is 7, Galsworthy Drive, Reading, RG4 6PE, a freehold house which sold for £497,500 on the 9th July 2024.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montpelier Drive, Caversham, Reading, RG4 has a total of 32 addresses. According to our analysis of all the public data, 7, Montpelier Drive, Reading is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in RG4.
The closest station to 7, Montpelier Drive, Reading is Reading station which is 2.9 kilometres 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 7, Montpelier Drive, Reading, 45.8% of property is privately owned with a mortgage and 37.5% 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 7, Montpelier Drive, Reading, 22.5% of residents are recorded as possessing school level qualifications and 33.6% 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 7, Montpelier Drive, Reading, the average age was 42.9 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 7, Montpelier Drive, Reading, 1.9% 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 7, Montpelier Drive, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
