Upper Basildon, Reading, RG8

Street Guide For Upper Basildon, Reading, RG8

 

Upper Basildon, Reading, RG8 Map

Estimated Price: £941,249
Average Asking Price: £898,661
Price change in last one year: £72,948
Average Price Paid: £641,090
Average Rent Rates: £1,677

 

Property Prices Breakdown in Upper Basildon, Reading, RG8

Average Price for property in Upper Basildon, Reading, RG8 is around £941,249 which varies based on type of property you are interested in and ranges from £1,004,510 for detached house to around £624,947 for semi-detached. Values have been changing and have risen £6,184 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,783 in last 6 months, £72,948 in last 1 year, £120,807 in last 2 years, £132,474 in last 3 years, £124,202 in last 4 years and £140,178 in last 5 years.

Currently average asking price of a property in Upper Basildon, Reading, RG8 is around £898,661 based on approximately 2 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,677 per month.

Estimated property value in Upper Basildon, Reading, RG8 is £941,249. Average asking price is £898,661 while average price paid is £660,000 which is up by £72,948 and Avg. asking rent £1,677.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 Upper Basildon, Reading, RG8 area. In last 1 year alone average price buyer paid is around £660,000 based on approximately 2 sales in Upper Basildon, Reading, RG8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £715,400. 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 £641,090 for 11 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £641,090 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 2 bedroom is around £334,700, £492,787 for a 3 bedroom house, £770,777 for a 4 bedroom house and £1,483,536 for a 5 bedroom house. For a flat similarly the prices varies from £366,125 for a 2 bedroom to £695,000 for a 3 bedroom Flat. Same is the case with 4 bedroom flat £1,295,000. To sum up the asking prices for properties in Upper Basildon, Reading, RG8 it comes to around average £351,460 for 2 bedroom property, £500,876 for 3 bedroom, £781,931 for 4 bedroom and £1,483,536 for 5 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 £1,294 for 2 bedroom to £1,442 for 3 bedroom, £2,084 for 4 bedroom and £3,952 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £849. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £985. You should be generally be expecting around average £850 rent per month for single bedroom property, £1,080 for 2 bedroom, £1,442 for 3 bedroom, £2,084 for 4 bedroom and approximately £3,952 for a 5 bedroom property in Upper Basildon, Reading, RG8 area.

Popular Houses in Upper Basildon, Reading, RG8

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 Upper Basildon, Reading, RG8