According to the public record, 27, Northumberland Avenue, Reading is a period freehold house with 1,334 ft2 of internal area and sits on a 616 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Northumberland Avenue, Reading, RG2 is located within the RG2 postal district.
27, Northumberland Avenue, Reading has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated August 2022.
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 27 Northumberland Avenue Reading as £504,992 and the rental value as £2,062 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 27 Northumberland Avenue Reading has decreased by £12,853 (2.5%) and its rental value has increased by £63 per month (3.1%).
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 27, Northumberland Avenue, Reading is in very good condition we estimate a sale value of £530,241 and rental value of £2,166 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,642 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £504,992, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,482 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, 27, Northumberland Avenue, Reading sits on a plot of 616m2.
We have plot size data on 17 out of 27 other houses in the postcode and 27, Northumberland Avenue, Reading sits on the largest plot.
According to HM Land Registry, 27, Northumberland Avenue, Reading was last sold on 09 Dec 2022 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Northumberland Avenue, Reading within a radius of 470 metres over the last 2 years.
The most recent example is 23, Northumberland Avenue, Reading, RG2 7PS, a Freehold house which sold for £521,500 in Jul 2021.
Read more about house prices in RG2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northumberland Avenue, Reading, RG2 has a total of 517 addresses. According to our analysis of all the public data, 27, Northumberland Avenue, Reading is the 20th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in RG2.
27, Northumberland Avenue, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 27, Northumberland Avenue, Reading is Reading station which is 2.1 kilometres 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 27, Northumberland Avenue, Reading, 37.4% of property is privately owned outright and 25.2% 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 27, Northumberland Avenue, Reading, 21.9% of residents are recorded as possessing school level qualifications and 49.5% 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 27, Northumberland Avenue, Reading, the average age was 32.4 and the most common age was 17.
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 27, Northumberland Avenue, Reading, 0.0% 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 27, Northumberland Avenue, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.