According to the public record, 40, Royal Avenue, Reading is a mid-century freehold house with 914 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Royal Avenue, Calcot, Reading, RG31 is located within the RG31 postal district.
40, Royal Avenue, Reading has 41 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated September 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 40 Royal Avenue Reading as £362,404 and the rental value as £1,755 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 40 Royal Avenue Reading has decreased by £4,464 (1.2%) and its rental value has increased by £86 per month (4.9%).
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 40, Royal Avenue, Reading is in very good condition we estimate a sale value of £380,524 and rental value of £1,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,035 and a rental value of £1,632 per month.
If you were able to purchase this property for the estimated value of £362,404, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,781 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, 40, Royal Avenue, Reading sits on a plot of 376m2.
We have plot size data on 29 out of 47 other houses in the postcode and 40, Royal Avenue, Reading sits on the 6th largest plot.
According to HM Land Registry, 40, Royal Avenue, Reading was last sold on 01 Jul 2022 for £375,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Royal Avenue, Reading within a radius of 650 metres over the last 2 years.
The most recent example is 44, Royal Avenue, Reading, RG31 4UP, a Freehold house which sold for £292,000 in Nov 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Avenue, Calcot, Reading, RG31 has a total of 120 addresses. According to our analysis of all the public data, 40, Royal Avenue, Reading is the 40th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in RG31.
40, Royal Avenue, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2018.
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 40, Royal Avenue, Reading is Theale 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 40, Royal Avenue, Reading, 41.0% of property is privately owned with a mortgage and 25.9% 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 40, Royal Avenue, Reading, 23.3% of residents are recorded as possessing school level qualifications and 24.3% 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 40, Royal Avenue, Reading, the average age was 42.4 and the most common age was 57.
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 40, Royal 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 40, Royal Avenue, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.