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According to the public record, Russet Lodge, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,862 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Russet Lodge, Reading is £684,749 and the estimated rental value is £2,192 per month.
Brimpton, Reading, RG7 is located within the RG7 postal district.
Russet Lodge, Reading has 21 entries in the Land Registry , most recently in May 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Russet Lodge, Reading is in very good condition we estimate a sale value of £718,986 and a rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £636,816 and a rental value of £2,038 per month.
Over the last 12 months the sale value of Russet Lodge Reading has decreased by an estimated £1,730 (0.3%) and its rental value has increased by an estimated £56 per month (2.6%), giving an expected gross yield of 3.8%.
According to HM Land Registry, Russet Lodge, Reading was last sold on 26th May 2011 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen 59.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Russet Lodge, Reading within a radius of 3.3 kilometres over the last 2 years.
The most recent example is The Laurels, Reading, RG7 4TR, a freehold house which sold for £687,500 on the 22nd March 2022.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brimpton, Reading, RG7 has a total of 18 addresses. According to our analysis of all the public data, Russet Lodge, Reading is the 8th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in RG7.
The closest station to Russet Lodge, Reading is Midgham station which is 2.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Russet Lodge, Reading, 35.7% of property is privately owned outright and 35.7% 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 Russet Lodge, Reading, 16.8% of residents are recorded as possessing school level qualifications and 50.4% 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 Russet Lodge, Reading, the average age was 42 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 Russet Lodge, Reading, 1.5% 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 Russet Lodge, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.