The Orchard, Theale, Reading, RG7

Street Guide For The Orchard, Theale, Reading, RG7

 

The Orchard, Theale, Reading, RG7 Map

Estimated Price: £248,088
Average Asking Price: £597,955
Price change in last one year: £17,331
Average Price Paid: £165,666
Average Rent Rates: £5,418

 

Property Prices Breakdown in The Orchard, Theale, Reading, RG7

Values have been changing and have risen £1,111 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,956 in last 6 months, £17,331 in last 1 year, £31,966 in last 2 years, £38,704 in last 3 years, £36,737 in last 4 years and £36,268 in last 5 years.

Currently average asking price of a property in The Orchard, Theale, Reading, RG7 is around £597,955 based on approximately 1 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £5,418 per month.

Estimated property value in The Orchard, Theale, Reading, RG7 is £248,088. Average asking price is £597,955 while average price paid is £230,000 which is up by £17,331 and Avg. asking rent £5,418.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 The Orchard, Theale, Reading, RG7 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in The Orchard, Theale, Reading, RG7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £165,666. 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 £165,666 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £165,666 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 £49,950, £254,310 for a 2 bedroom house, £428,402 for a 3 bedroom house, £635,960 for a 4 bedroom house and £861,387 for a 5 bedroom house. For a flat similarly the prices varies from £153,488 for a single bedroom to £200,508 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £650,000. To sum up the asking prices for properties in The Orchard, Theale, Reading, RG7 it comes to around average £132,780 for 1 bedroom property, £224,964 for 2 bedroom, £428,402 for 3 bedroom, £636,230 for 4 bedroom and £861,387 for a 5 bedroom property.

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 £849 for 1 bedroom to £979 for 2 bedroom, £1,769 for 3 bedroom and £2,041 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £613. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £802. You should be generally be expecting around average £731 rent per month for single bedroom property, £935 for 2 bedroom, £1,769 for 3 bedroom and approximately £2,041 for 4 bedroom property in The Orchard, Theale, Reading, RG7 area.

Popular Houses in The Orchard, Theale, Reading, RG7

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 The Orchard, Theale, Reading, RG7