According to the public record, 2, Sherman Avenue, Reading is a modern freehold house and with 1,097 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sherman Avenue, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
2, Sherman Avenue, Reading has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated October 2019.
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 good condition, we estimate the current sale value for 2 Sherman Avenue Reading as £501,303 and the rental value as £2,145 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Sherman Avenue Reading has decreased by £4,613 (0.9%) and its rental value has increased by £47 per month (2.2%).
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 2, Sherman Avenue, Reading is in very good condition we estimate a sale value of £526,368 and rental value of £2,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,212 and a rental value of £1,995 per month.
If you were able to purchase this property for the estimated value of £501,303, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,464 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, 2, Sherman Avenue, Reading sits on a plot of 229m2.
We have plot size data on 17 out of 17 other houses in the postcode and 2, Sherman Avenue, Reading sits on the 8th largest plot.
According to HM Land Registry, 2, Sherman Avenue, Reading was last sold on 31 Oct 2019 for £455,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sherman Avenue, Reading within a radius of 135m over the last 2 years.
The most recent example is 17, Sherman Avenue, Reading, RG2 9TF, a Freehold house which sold for £475,000 in Mar 2023.
Read more about house prices in RG2.
Sherman Avenue, Arborfield Green, Reading, RG2 has a total of 40 addresses. According to our analysis of all the public data, 2, Sherman Avenue, Reading is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in RG2.
2, Sherman Avenue, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2, Sherman Avenue, Reading is Wokingham station which is 4.0 km 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 2, Sherman Avenue, Reading, 57.4% of property is privately owned with a mortgage and 20.0% 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 2, Sherman Avenue, Reading, 24.5% of residents are recorded as possessing school level qualifications and 53.0% 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 2, Sherman Avenue, Reading, the average age was 41.5 and the most common age was 57.
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 2, Sherman Avenue, Reading, 1.4% 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 2, Sherman Avenue, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.