BRICK.
De Montfort Road, Reading, Berkshire
RG18DL
£450,000
Key numbers
Comp median
£365,000
+23% vs asking
Est. rent
£1,600/mo
4.3% gross yield
Condition
6/10
Average
SDLT
£23,500
Running costs
£312/mo
2yr trend
+3.0%
slow liquidity
AI Summary
This Victorian terrace in Caversham occupies a well-regarded address with good commuter links, but at £450,000 it is priced approximately 23% above the local comp median of £365,000 — a significant gap that is difficult to justify given the property's dated condition and need for comprehensive modernisation estimated at £20,000–£30,000. Buyers should approach with caution and seek independent valuation before proceeding, as the asking price appears to reflect aspirational rather than evidenced market value. The property has genuine lifestyle appeal for the right buyer, but only at a price that reflects its current condition and the investment required to bring it up to modern standards.
Comparable sales - 20 transactions
Median ARV
£365,000
Min
£235,000
Max
£485,000
9 GRENADIER GARDENS
£405,000
17 MOORES PLACE
£410,000
58 MENDIP ROAD
£360,000
40 FILEY ROAD
£280,000
31 COLDHARBOUR ROAD
£347,500
~£1,600/mo
Regional estimate - live data unavailable for this area
Gross yield
4.3%
Stamp Duty Land Tax (SDLT) · England & N. Ireland
Purchase price: £450,000 · Effective rate: 5.2%
£23,500
Stamp Duty Land Tax applies in England & Northern Ireland. Higher rates apply to additional properties. First-time buyer relief available on properties up to £500,000.
Due within 14 days of completion. Your solicitor typically handles filing and payment.
Mortgage Brokers
UK-wide online mortgage broker · Free, whole-of-market
Solicitors & Conveyancers
Online conveyancing · Fixed fees from £595 · No completion, no fee
Verified partners selected for your area. Always compare multiple quotes.
AI photo assessment
Condition
6/10
AverageKerb appeal
6/10
Positives from photos
Concerns from photos
Solid brick, as built, no insulation (assumed)
Estimated annual saving of £292 if all EPC-recommended upgrades are completed
Wall insulation: ~£12,000. Could save ~£292/yr on energy.
Crime - 755 incidents (2026-01)
Crime data from Police UK. Covers incidents reported within approximately 1 mile.
Low coal mining risk
Estimated monthly costs
£312/mo
EPC certificate (heating + hot water + lighting)
Estimated Band C from 74m² floor area
Regional average (local provider)
Estimated UK average
Estimated from 74m² (Terraced)
These are estimates based on averages and EPC data. Actual costs will vary depending on usage, provider, and local authority rates.
Moderate transaction volume in this area.
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BRICK. Property Intelligence
Report prepared 28 March 2026
Data sources
HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority, SpareRoom, and portal listing data. Market statistics derived from 30M+ recorded transactions.
Important
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. While we strive for accuracy, we make no warranties about the completeness or reliability of the information. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
BRICK. Property Intelligence
Data: HM Land Registry, EPC Register, Environment Agency, Police UK, OpenStreetMap, planning.data.gov.uk, Coal Authority. Market statistics from 30M+ transactions.
This report is for informational purposes only and does not constitute financial, legal, or investment advice. Property values, costs, and market data are estimates based on publicly available sources. Always conduct your own due diligence and seek independent professional advice before making property decisions. Brickstack Ltd accepts no liability for any loss arising from the use of this report.
9 April 2026 | brickstack.co.uk