Unit 4, Reading
Unit 4, Reading
Description & Estimates
Unit 4, Reading appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 977 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of Unit 4, Reading is £567,978 and its rental estimate is £1,626 per month, given the available information and assuming reasonable condition.
The Markham Centre, Theale, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
Unit 4, Reading has a single entry in the Land Registry from June 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Unit 4, Reading, we estimate a market value of £596,377 and a rental value of £1,708 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £528,220 and £1,513 per month respectively.
Recent Market Change
Over the last year, Unit 4, Reading has seen its estimated sale value move down by £11,942 (2.1%) and its estimated rental value increase by £38 per month (2.3%). This results in an estimated gross rental yield of 3.4%.
Sold Prices
The most recent sale of Unit 4, Reading completed on 30th June 2011 at £250,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 96.8% over the period since June 2011.
- Sold Jun 2011£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Unit 4, Reading have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was 2A, Englefield Road, Reading, RG7 5AS, a freehold house which sold for £395,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on The Markham Centre, Theale, Reading, RG7, Unit 4, Reading comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £29k more expensive than the average property across the RG7 district.
More reading links
Schools Nearby
- 1.1kmTheale C.E. Primary School
- 1.9kmCalcot Infant School and Nursery
- 1.9kmCalcot Junior School
- 1.0kmTheale Green School
- 2.7kmLittle Heath School
- 4.1kmThe Willink School
More reading links
Public Transport Nearby
From Unit 4, Reading, the nearest station is Theale, 200 metres away.
- 200mTheale
- 5.1kmReading Green Park
- 5.2kmTilehurst
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
