According to the public record, 3, Avon Way, Reading is a mid-century freehold house with 764 ft2 of internal area and sits on a 445 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Avon Way, Padworth, Reading, RG7 is located within the RG7 postal district.
3, Avon Way, Reading has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated January 2013.
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 3 Avon Way Reading as £350,783 and the rental value as £1,568 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 3 Avon Way Reading has decreased by £2,697 (0.8%) and its rental value has increased by £72 per month (4.6%).
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 3, Avon Way, Reading is in very good condition we estimate a sale value of £368,323 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,229 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £350,783, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,724 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, 3, Avon Way, Reading sits on a plot of 445m2.
We have plot size data on 5 out of 8 other houses in the postcode and 3, Avon Way, Reading sits on the 3rd largest plot.
According to HM Land Registry, 3, Avon Way, Reading was last sold on 28 Jun 2013 for £221,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 53.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Avon Way, Reading within a radius of 3.6 kilometres over the last 2 years.
The most recent example is 4 The Glen, Bath Road, Reading, RG7 5HR, a Freehold house which sold for £288,000 in Oct 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avon Way, Padworth, Reading, RG7 has a total of 8 addresses. According to our analysis of all the public data, 3, Avon Way, Reading is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in RG7.
3, Avon Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 3, Avon Way, Reading is Aldermaston station which is 1.7 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 3, Avon Way, Reading, 38.5% of property is privately owned with a mortgage and 26.3% is socially 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 3, Avon Way, Reading, 17.8% of residents are recorded as possessing school level qualifications and 33.7% 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 3, Avon Way, Reading, the average age was 42.7 and the most common age was 47.
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 3, Avon Way, 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 3, Avon Way, 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.