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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, Summit House, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,701 ft2 of internal area and sits on a 1,073 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Summit House, Reading is £1,333,343 and the estimated rental value is £2,728 per month.
Blandys Lane, Upper Basildon, Reading, RG8 is located within the RG8 postal district.
Summit House, Reading has a single entry in the Land Registry from July 2019 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 Summit House, Reading is in very good condition we estimate a sale value of £1,400,010 and a rental value of £2,864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,240,009 and a rental value of £2,537 per month.
Over the last 12 months the sale value of Summit House Reading has decreased by an estimated £30,909 (2.3%) and its rental value has increased by an estimated £50 per month (1.8%), giving an expected gross yield of 2.5%.
According to data from HM Land Registry, Summit House, Reading sits on a plot of 1073m2.
We have plot size data on 5 out of 5 other houses in the postcode and Summit House, Reading sits on the 4th largest plot.
According to HM Land Registry, Summit House, Reading was last sold on 17th July 2019 for £1,670,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has risen 16.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Summit House, Reading within a radius of 3.8 kilometres over the last 2 years.
The most recent example is Hurstmere, Aldworth Road, Reading, RG8 8NG, a freehold house which sold for £1,250,000 on the 5th April 2024.
Read more about house prices in RG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blandys Lane, Upper Basildon, Reading, RG8 has a total of 22 addresses. According to our analysis of all the public data, Summit House, Reading is the 4th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £607k more expensive than the average property in RG8.
The closest station to Summit House, Reading is Goring & Streatley station which is 3.5 kilometres away.
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 Summit House, Reading, 53.1% of property is privately owned outright and 39.1% 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 Summit House, Reading, 16.8% of residents are recorded as possessing school level qualifications and 61.8% 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 Summit House, Reading, the average age was 43.7 and the most common age was 57.
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 Summit House, Reading, 3.2% 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 Summit House, Reading, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
