According to the public record, 86, Sherman Road, Reading is a period house with 850 ft2 of internal area and sits on a 110 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.
86, Sherman Road, Reading has no records in the Land Registry database and a single entry in the EPC database dated April 2024.
We combine this information with public data 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 86 Sherman Road Reading as £310,857 and the rental value as £1,472 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 86 Sherman Road Reading has decreased by £3,390 (1.1%) and its rental value has increased by £68 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 86, Sherman Road, Reading is in very good condition we estimate a sale value of £326,399 and rental value of £1,546 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,097 and a rental value of £1,369 per month.
If you were able to purchase this property for the estimated value of £310,857, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,528 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, 86, Sherman Road, Reading sits on a plot of 110m2.
We have plot size data on 27 out of 33 other houses in the postcode and 86, Sherman Road, Reading sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Sherman Road, Reading within a radius of 300 metres over the last 2 years.
The most recent example is 4, Hill Street, Reading, RG1 2NU, a Freehold house which sold for £332,500 in Nov 2023.
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, 86, Sherman Road, Reading is the 13th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in RG1.
86, Sherman Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2024.
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 86, Sherman Road, Reading is Reading station which is 1.1 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 86, Sherman Road, Reading, 59.5% of property is privately rented and 28.4% 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 86, Sherman Road, Reading, 13.5% of residents are recorded as possessing school level qualifications and 53.1% 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 86, 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 86, 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 86, 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.