1, The Avenue
1, The Avenue
Description & Estimates
Public records show 1, The Avenue, Reading to be a modern freehold house with 1,625 ft2 of internal area, sitting on a 477 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, The Avenue, Reading has an estimated sale value of £771,369 and an estimated rental value of £1,943 per month, assuming reasonable condition and based on the information available.
The Avenue, Mortimer Common, Reading, RG7 lies within the RG7 postal district.
Our Data Sources
1, The Avenue, Reading has 3 entries in the Land Registry , most recently in February 2019 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.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, The Avenue, Reading would be worth £809,937, with a potential rental value of £2,041 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £717,373, with a rental value of £1,807 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, The Avenue, Reading has declined by £13,639 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £46 (2.4%). The property's estimated gross yield is currently 3.0%.
Plot Size
1, The Avenue, Reading occupies a 477 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, The Avenue, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jan 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
1, The Avenue, Reading last changed hands on 28th February 2019, selling for £670,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 1.5% since February 2019.
- Sold Feb 2019£670,000
- Sold Feb 2014£545,000
- Sold Sep 2011£402,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of 1, The Avenue, Reading across the last 2 years.
Most recently, 24, Hackney Way, Reading, RG7 3WF, a freehold house, sold at £775,000 on the 15th November 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, The Avenue, Reading as the 34th largest and the 27th most expensive of the 93 addresses on The Avenue, Mortimer Common, Reading, RG7.
Against the RG7 postcode district average, it is £232k more expensive than the typical property.
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Schools Nearby
- 200mMortimer St. John's C.E. Infant School
- 800mMortimer St Mary's C.E. Junior School
- 2.6kmMrs Bland's Infant School
- 2.5kmThe Willink School
- 7.1kmTheale Green School
- 7.1kmOakbank School
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Public Transport Nearby
Mortimer station is the nearest stop to 1, The Avenue, Reading at 1.6 kilometres away.
- 1.6kmMortimer
- 5.1kmBramley (Hampshire)
- 6.4kmAldermaston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
