Mead House, Reading
Mead House, Reading
Description & Estimates
According to the public record, Mead House, Reading is a modern freehold house with 1,926 ft2 of internal area and sits on a 860 m2 plot.
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 Mead House, Reading is £927,195 and the estimated rental value is £2,224 per month.
Pitfield Lane, Mortimer, Reading, RG7 is located within the RG7 postal district.
Our Data Sources
Mead House, Reading has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated August 2014.
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
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 Mead House, Reading is in very good condition we estimate a sale value of £973,554 and a rental value of £2,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £862,291 and a rental value of £2,069 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Mead House, Reading has fallen by £20,776 (2.2%), while its estimated rental value has moved up by £41 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 2.9%.
Plot Size
According to data from HM Land Registry, Mead House, Reading sits on a plot of 860 m2.
We have plot size data on 5 out of 5 other houses in the postcode and Mead House, Reading sits on the 2nd largest plot.
Energy Efficiency
Mead House, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Mead House, Reading was last sold on 4th November 2014 for £735,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2014, the market for similar properties has risen by 28.7%.
- Sold Nov 2014£735,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mead House, Reading within a radius of 2.6 kilometres over the last 2 years.
The most recent example is Garden House, The Street, Reading, RG7 3PE, a freehold house which sold for £1,025,000 on the 25th July 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Pitfield Lane, Mortimer, Reading, RG7 has a total of 12 addresses. According to our analysis of all the public data, Mead House, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £388k more expensive than the average property in RG7.
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Schools Nearby
- 100mMortimer St Mary's C.E. Junior School
- 1.1kmMortimer St. John's C.E. Infant School
- 3.2kmMrs Bland's Infant School
- 3.1kmThe Willink School
- 6.6kmOakbank School
- 7.6kmTheale Green School
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Public Transport Nearby
The closest station to Mead House, Reading is Mortimer station, which is 800 metres away.
- 800mMortimer
- 4.9kmBramley (Hampshire)
- 6.8kmReading Green Park
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
