According to the public record, 1, Grasmere Avenue, Reading is a mid-century freehold house with 818 ft2 of internal area and sits on a 324 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Grasmere Avenue, Tilehurst, Reading, RG30 is located within the RG30 postal district.
1, Grasmere Avenue, Reading has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Grasmere Avenue Reading as £351,566 and the rental value as £1,553 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 1 Grasmere Avenue Reading has decreased by £5,506 (1.6%) and its rental value has increased by £68 per month (4.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Grasmere Avenue, Reading is in very good condition we estimate a sale value of £369,145 and rental value of £1,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,957 and a rental value of £1,444 per month.
If you were able to purchase this property for the estimated value of £351,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Grasmere Avenue, Reading sits on a plot of 324m2.
We have plot size data on 21 out of 37 other houses in the postcode and 1, Grasmere Avenue, Reading sits on the largest plot.
According to HM Land Registry, 1, Grasmere Avenue, Reading was last sold on 12 Mar 2021 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Grasmere Avenue, Reading within a radius of 730 metres over the last 2 years.
The most recent example is 25, Grasmere Avenue, Reading, RG30 6XU, a Leasehold house which sold for £315,000 in Dec 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Avenue, Tilehurst, Reading, RG30 has a total of 75 addresses. According to our analysis of all the public data, 1, Grasmere Avenue, Reading is the 22nd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in RG30.
1, Grasmere Avenue, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1, Grasmere Avenue, Reading is Tilehurst station which is 400 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Grasmere Avenue, Reading, 56.0% of property is privately owned with a mortgage and 26.6% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Grasmere Avenue, Reading, 23.3% of residents are recorded as possessing school level qualifications and 31.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Grasmere Avenue, Reading, the average age was 35.9 and the most common age was 37.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Grasmere Avenue, Reading, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Grasmere Avenue, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.