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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Southmead, Reading is a modern freehold house with 2,475 ft2 of internal area and sits on a 1,181 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 Southmead, Reading is £929,165 and the estimated rental value is £2,136 per month.
Brimpton Lane, Brimpton Common, Reading, RG7 is located within the RG7 postal district.
Southmead, Reading has 2 entries in the Land Registry , most recently in March 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 3 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 Southmead, Reading is in very good condition we estimate a sale value of £975,624 and a rental value of £2,242 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £864,124 and a rental value of £1,986 per month.
Over the past 12 months, the estimated sale value of Southmead, Reading has decreased by £20,820 (2.2%), while its estimated rental value has grown by £40 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 2.8%.
According to data from HM Land Registry, Southmead, Reading sits on a plot of 1,181 m2.
We have plot size data on 11 out of 11 other houses in the postcode and Southmead, Reading sits on the 8th largest plot.
Southmead, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Southmead, Reading was last sold on 24th March 2022 for £910,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has dropped by 12.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Southmead, Reading within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 25, Reading, RG7 4RZ, a freehold house which sold for £760,000 on the 30th August 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brimpton Lane, Brimpton Common, Reading, RG7 has a total of 11 addresses. According to our analysis of all the public data, Southmead, Reading is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £390k more expensive than the average property in RG7.
The closest station to Southmead, Reading is Midgham station, which is 3.5 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 Southmead, 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 Southmead, 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 Southmead, 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 Southmead, 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 Southmead, 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.
