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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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40, Orchard Avenue, Reading is recorded publicly as a mid-century freehold house across 1,506 ft2 of internal area, sitting on a 440 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 40, Orchard Avenue, Reading is £586,128 and its rental estimate is £2,149 per month, given the available information and assuming reasonable condition.
Orchard Avenue, Sonning Common, Reading, RG4 falls within the RG4 postal district, in the borough of South Oxfordshire.
40, Orchard Avenue, Reading has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Orchard Avenue, Reading, we estimate a market value of £615,435 and a rental value of £2,257 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £545,099 and £1,999 per month respectively.
Over the last year, 40, Orchard Avenue, Reading has seen its estimated sale value decrease by £12,837 (2.2%) and its estimated rental value grow by £41 per month (1.9%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 40, Orchard Avenue, Reading as measuring 440 m2.
That makes it the 6th largest plot in the postcode, where 67 of the 68 other houses have recorded plot data.
40, Orchard Avenue, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Orchard Avenue, Reading completed on 17th May 2023 at £478,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 10.4% over the period since May 2023.
Over the past 2 years 3 properties similar to 40, Orchard Avenue, Reading have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th November 2024, was 9, Carling Road, Reading, RG4 9TG, a freehold house which sold for £650,000.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 68 addresses on Orchard Avenue, Sonning Common, Reading, RG4, 40, Orchard Avenue, Reading comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £25k more expensive than the average property across the RG4 district.
From 40, Orchard Avenue, Reading, the nearest station is Tilehurst, 6.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Orchard Avenue, Reading, 58.9% of property is privately owned outright and 34.9% is privately owned with a mortgage.
The graph below shows how this compares to South East 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, Orchard Avenue, Reading, 14.3% of residents are recorded as possessing school level qualifications and 49.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Orchard Avenue, Reading, the average age was 45.4 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, Orchard Avenue, Reading, 2.6% 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, Orchard Avenue, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
