Channels, Reading
Channels, Reading
Description & Estimates
Public records show Channels, Reading to be a mid-century freehold house with 2,927 ft2 of internal area, sitting on a 1,050 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Channels, Reading has an estimated sale value of £1,189,439 and an estimated rental value of £2,610 per month, assuming reasonable condition and based on the information available.
Midgham Green, Midgham, Reading, RG7 lies within the RG7 postal district.
Our Data Sources
Channels, Reading has 31 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Channels, Reading would be worth £1,248,911, with a potential rental value of £2,740 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,106,178, with a rental value of £2,427 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Channels, Reading has decreased by £26,652 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £48 (1.9%). The property's estimated gross yield is currently 2.6%.
Plot Size
Channels, Reading occupies a 1,050 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
Channels, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
Channels, Reading last changed hands on 21st December 2020, selling for £1,050,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 0.8% since December 2020.
- Sold Dec 2020£1,050,000
- Sold May 2004£615,000
- Sold Jun 2002£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.4 kilometres of Channels, Reading across the last 2 years.
Most recently, Woodlands, Hatch Lane Kiff Green, Reading, RG7 5TP, a freehold house, sold at £1,175,000 on the 23rd May 2019.
Read more about house prices in RG7.
- Sold May 2019£1,175,000 | 5 Bed HouseWoodlands, Hatch Lane Kiff Green, Reading, RG7 5TPWoodlands, Hatch Lane Kiff Green, Reading, RG7 5TP
- Sold Feb 2019£1,150,000 | 5 Bed HouseBlack Barn, Kiff Green, Reading, RG7 5TNBlack Barn, Kiff Green, Reading, RG7 5TN
- Sold Sep 2018£1,125,000 | 5 Bed HousePastorale, Windmill Lane, Reading, RG7 5TYPastorale, Windmill Lane, Reading, RG7 5TY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Channels, Reading as the 8th largest and the 4th most expensive of the 20 addresses on Midgham Green, Midgham, Reading, RG7.
Against the RG7 postcode district average, it is £650k more expensive than the typical property.
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Schools Nearby
- 1.2kmWoolhampton C.E. Primary School
- 2.5kmBucklebury C.E. Primary School
- 2.5kmBeenham Primary School
- 4.3kmKennet School
- 5.7kmThe Hurst School
- 7.7kmTheale Green School
More reading links
Public Transport Nearby
Midgham station is the nearest stop to Channels, Reading at 1.5 kilometres away.
- 1.5kmMidgham
- 3.5kmAldermaston
- 4.2kmThatcham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
