According to the public record, 29, Reeds Avenue, Reading is a mid-century freehold house with 893 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reeds Avenue, Earley, Reading, RG6 is located within the RG6 postal district.
29, Reeds Avenue, Reading has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated June 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 29 Reeds Avenue Reading as £454,999 and the rental value as £1,717 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 29 Reeds Avenue Reading has decreased by £8,928 (2.0%) and its rental value has increased by £49 per month (2.9%).
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 29, Reeds Avenue, Reading is in very good condition we estimate a sale value of £477,749 and rental value of £1,803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,150 and a rental value of £1,597 per month.
If you were able to purchase this property for the estimated value of £454,999, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,236 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, 29, Reeds Avenue, Reading sits on a plot of 220m2.
We have plot size data on 12 out of 21 other houses in the postcode and 29, Reeds Avenue, Reading sits on the 12th largest plot.
According to HM Land Registry, 29, Reeds Avenue, Reading was last sold on 22 Jan 2021 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Reeds Avenue, Reading within a radius of 680 metres over the last 2 years.
The most recent example is 11, Joel Close, Reading, RG6 5SN, a Freehold house which sold for £509,000 in Sep 2022.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeds Avenue, Earley, Reading, RG6 has a total of 65 addresses. According to our analysis of all the public data, 29, Reeds Avenue, Reading is the 53rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in RG6.
29, Reeds Avenue, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2020.
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 29, Reeds Avenue, Reading is Earley station which is 1.5 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 29, Reeds Avenue, Reading, 59.5% of property is privately owned outright and 28.1% is privately owned with a mortgage.
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 29, Reeds Avenue, Reading, 18.5% of residents are recorded as possessing school level qualifications and 56.8% 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 29, Reeds Avenue, Reading, the average age was 38.8 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 29, Reeds 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 29, Reeds Avenue, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.