According to the public record, 261, Longwater Avenue, Reading is a modern freehold house and with 1,108 ft2 of internal area and sits on a 76.1 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Longwater Avenue, Reading, RG2 is located within the RG2 postal district.
261, Longwater Avenue, Reading has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated August 2018.
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 261 Longwater Avenue Reading as £489,571 and the rental value as £1,963 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 261 Longwater Avenue Reading has decreased by £13,629 (2.8%) and its rental value has increased by £56 per month (2.8%).
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 261, Longwater Avenue, Reading is in very good condition we estimate a sale value of £514,050 and rental value of £2,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,301 and a rental value of £1,826 per month.
If you were able to purchase this property for the estimated value of £489,571, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,406 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, 261, Longwater Avenue, Reading sits on a plot of 76m2.
We have plot size data on 30 out of 30 other houses in the postcode and 261, Longwater Avenue, Reading sits on the 30th largest plot.
According to HM Land Registry, 261, Longwater Avenue, Reading was last sold on 21 Oct 2022 for £535,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 261, Longwater Avenue, Reading within a radius of 104m over the last 2 years.
The most recent example is 297, Longwater Avenue, Reading, RG2 6AB, a Freehold house which sold for £505,000 in May 2024.
Read more about house prices in RG2.
Longwater Avenue, Reading, RG2 has a total of 31 addresses. According to our analysis of all the public data, 261, Longwater Avenue, Reading is the 18th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in RG2.
261, Longwater Avenue, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Aug 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and underfloor heating.
The closest station to 261, Longwater Avenue, Reading is Reading Green Park station which is 400 m 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 261, Longwater Avenue, Reading, 70.1% of property is socially rented and 13.9% is privately rented.
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 261, Longwater Avenue, Reading, 33.4% of residents are recorded as possessing school level qualifications and 21.7% 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 261, Longwater Avenue, Reading, the average age was 34.2 and the most common age was 32.
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 261, Longwater Avenue, Reading, 0.8% 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 261, Longwater Avenue, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.