According to the public record, 42, Sherman Road, Reading is a period freehold house with 807 ft2 of internal area and sits on a 79.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Sherman Road, Reading, RG1 is located within the RG1 postal district.
42, Sherman Road, Reading has 21 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated January 2014.
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 42 Sherman Road Reading as £312,722 and the rental value as £1,457 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 42 Sherman Road Reading has decreased by £4,059 (1.3%) and its rental value has increased by £65 per month (4.4%).
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 42, Sherman Road, Reading is in very good condition we estimate a sale value of £328,358 and rental value of £1,530 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,831 and a rental value of £1,355 per month.
If you were able to purchase this property for the estimated value of £312,722, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,537 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, 42, Sherman Road, Reading sits on a plot of 79m2.
We have plot size data on 29 out of 40 other houses in the postcode and 42, Sherman Road, Reading sits on the 22nd largest plot.
According to HM Land Registry, 42, Sherman Road, Reading was last sold on 30 Jun 2014 for £231,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2014, the market for similar properties has risen 24.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Sherman Road, Reading within a radius of 290 metres over the last 2 years.
The most recent example is 50, Sherman Road, Reading, RG1 2PJ, a Freehold house which sold for £360,000 in Mar 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherman Road, Reading, RG1 has a total of 75 addresses. According to our analysis of all the public data, 42, Sherman Road, Reading is the 30th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in RG1.
42, Sherman Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2014.
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 42, Sherman Road, Reading is Reading station which is 1.0 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 42, Sherman Road, Reading, 58.7% of property is privately rented and 21.5% 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 42, Sherman Road, Reading, 19.7% of residents are recorded as possessing school level qualifications and 39.0% 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 42, Sherman Road, Reading, the average age was 33.9 and the most common age was 22.
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 42, Sherman Road, Reading, 0.5% 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 42, Sherman Road, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.