According to the public record, 4, Redwood Avenue, Reading is a mid-century freehold house with 1,140 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Redwood Avenue, Woodley, Reading, RG5 is located within the RG5 postal district.
4, Redwood Avenue, Reading has 2 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated November 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 4 Redwood Avenue Reading as £472,607 and the rental value as £1,865 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 4 Redwood Avenue Reading has decreased by £9,130 (1.9%) and its rental value has increased by £42 per month (2.3%).
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 4, Redwood Avenue, Reading is in very good condition we estimate a sale value of £496,237 and rental value of £1,958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,524 and a rental value of £1,734 per month.
If you were able to purchase this property for the estimated value of £472,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,323 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, 4, Redwood Avenue, Reading sits on a plot of 300m2.
We have plot size data on 20 out of 56 other houses in the postcode and 4, Redwood Avenue, Reading sits on the 15th largest plot.
According to HM Land Registry, 4, Redwood Avenue, Reading was last sold on 05 Apr 2023 for £497,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Redwood Avenue, Reading within a radius of 830 metres over the last 2 years.
The most recent example is 21, Cypress Road, Reading, RG5 4BD, a Freehold house which sold for £487,500 in Aug 2022.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Avenue, Woodley, Reading, RG5 has a total of 88 addresses. According to our analysis of all the public data, 4, Redwood Avenue, Reading is the 15th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in RG5.
4, Redwood Avenue, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 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 4, Redwood Avenue, Reading is Winnersh Triangle station which is 1.2 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 4, Redwood Avenue, Reading, 46.5% of property is privately owned with a mortgage and 44.0% 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 4, Redwood Avenue, Reading, 24.1% of residents are recorded as possessing school level qualifications and 42.7% 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 4, Redwood Avenue, Reading, the average age was 38 and the most common age was 37.
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 4, Redwood 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 4, Redwood 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.