According to the public record, 1A, Derwent Avenue, Reading is a modern freehold house with 882 ft2 of internal area and sits on a 155 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Derwent Avenue, Tilehurst, Reading, RG30 is located within the RG30 postal district.
1A, Derwent Avenue, Reading has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated March 2019.
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 1A Derwent Avenue Reading as £303,043 and the rental value as £1,476 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1A Derwent Avenue Reading has decreased by £4,746 (1.6%) and its rental value has increased by £64 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 1A, Derwent Avenue, Reading is in very good condition we estimate a sale value of £318,195 and rental value of £1,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,830 and a rental value of £1,372 per month.
If you were able to purchase this property for the estimated value of £303,043, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,489 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, 1A, Derwent Avenue, Reading sits on a plot of 155m2.
We have plot size data on 8 out of 10 other houses in the postcode and 1A, Derwent Avenue, Reading sits on the 7th largest plot.
According to HM Land Registry, 1A, Derwent Avenue, Reading was last sold on 11 Jul 2023 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Derwent Avenue, Reading within a radius of 660 metres over the last 2 years.
The most recent example is 172, Kentwood Hill, Reading, RG31 6DL, a Freehold house which sold for £300,000 in Aug 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Avenue, Tilehurst, Reading, RG30 has a total of 11 addresses. According to our analysis of all the public data, 1A, Derwent Avenue, Reading is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in RG30.
1A, Derwent Avenue, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Mar 2019.
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 1A, Derwent Avenue, Reading is Tilehurst station which is 500 metres 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 1A, Derwent Avenue, Reading, 51.5% of property is privately owned with a mortgage and 20.2% 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 1A, Derwent Avenue, Reading, 19.4% of residents are recorded as possessing school level qualifications and 31.8% 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 1A, Derwent Avenue, Reading, the average age was 35.9 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 1A, Derwent Avenue, Reading, 1.5% 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 1A, Derwent 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.