48, The Avenue
48, The Avenue
Description & Estimates
According to the public record, 48, The Avenue, Reading is a mid-century freehold house with 716 ft2 of internal area and sits on a 1,124 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, The Avenue, Reading is £456,222 and the estimated rental value is £1,440 per month.
The Avenue, Mortimer Common, Reading, RG7 is located within the RG7 postal district.
Our Data Sources
48, The Avenue, Reading has 2 entries in the Land Registry , most recently in January 2013 and a single entry in the EPC database dated February 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 48, The Avenue, Reading is in very good condition we estimate a sale value of £479,033 and a rental value of £1,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,287 and a rental value of £1,339 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 48, The Avenue, Reading has decreased by £9,592 (2.1%), while its estimated rental value has grown by £33 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 48, The Avenue, Reading sits on a plot of 1,124 m2.
We have plot size data on 30 out of 32 other houses in the postcode and 48, The Avenue, Reading sits on the 17th largest plot.
Energy Efficiency
48, The Avenue, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 48, The Avenue, Reading was last sold on 14th January 2013 for £624,200 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2013, the market for similar properties has risen by 50.5%.
- Sold Jan 2013£624,200
- Sold May 2009£243,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, The Avenue, Reading within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 2, Arabian Drive, Reading, RG7 3WD, a leasehold house which sold for £988,252 on the 12th July 2022.
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
The Avenue, Mortimer Common, Reading, RG7 has a total of 93 addresses. According to our analysis of all the public data, 48, The Avenue, Reading is the 90th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in RG7.
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Schools Nearby
- 400mMortimer St. John's C.E. Infant School
- 800mMortimer St Mary's C.E. Junior School
- 2.9kmMrs Bland's Infant School
- 2.8kmThe Willink School
- 7.2kmOakbank School
- 7.4kmTheale Green School
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Public Transport Nearby
The closest station to 48, The Avenue, Reading is Mortimer station, which is 1.5 kilometres away.
- 1.5kmMortimer
- 4.8kmBramley (Hampshire)
- 6.5kmAldermaston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
