London Road, Earley, Reading, RG1

Street Guide For London Road, Earley, Reading, RG1

 

London Road, Earley, Reading, RG1 Map

Estimated Price: £246,625
Average Asking Price: £314,027
Price change in last one year: £20,175
Average Price Paid: £181,325
Average Rent Rates: £2,496

 

Property Prices Breakdown in London Road, Earley, Reading, RG1

Average Price for property in London Road, Earley, Reading, RG1 is around £246,625 which varies based on type of property you are interested in and ranges from £581,026 for detached house to around £404,900 for semi-detached. Similarly terraced house is around £282,749 and a flat is worth £196,376. Values have been changing and have risen £555 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,055 in last 6 months, £20,175 in last 1 year, £34,674 in last 2 years, £40,547 in last 3 years, £38,059 in last 4 years and £39,117 in last 5 years.

Currently average asking price of a property in London Road, Earley, Reading, RG1 is around £314,027 based on approximately 9 properties for sale. Same is the case with rental options based on 551 properties up for rent, average asking rent is around £2,496 per month.

Estimated property value in London Road, Earley, Reading, RG1 is £246,625. Average asking price is £314,027 while average price paid is £219,105 which is up by £20,175 and Avg. asking rent £2,496.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in London Road, Earley, Reading, RG1 area. In last 1 year alone average price buyer paid is around £219,105 based on approximately 9 sales in London Road, Earley, Reading, RG1 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £195,136. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £181,325 for 41 and average amount paid for purchase of approx. 59 properties sold in last 7 years comes to about £178,133 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £179,950, £214,158 for a 2 bedroom house, £277,662 for a 3 bedroom house and £454,279 for a 4 bedroom house. For a flat similarly the prices varies from £140,541 for a single bedroom to £263,801 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £336,490 and £419,950 for a 4 bedroom flat. To sum up the asking prices for properties in London Road, Earley, Reading, RG1 it comes to around average £142,183 for 1 bedroom property, £257,032 for 2 bedroom, £294,003 for 3 bedroom and £449,988 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £547 for 1 bedroom to £1,053 for 2 bedrooms, £1,035 for 3 bedrooms, £1,070 for 4 bedrooms and £1,215 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £962. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,276, £2,173 for 3 bedroom and £1,400 for 4 bedroom. You should be generally be expecting around average £801 rent per month for single bedroom property, £1,216 for 2 bedroom, £1,350 for 3 bedroom, £1,080 for 4 bedroom and approximately £1,215 for a 5 bedroom property in London Road, Earley, Reading, RG1 area.

Popular Houses in London Road, Earley, Reading, RG1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around London Road, Earley, Reading, RG1