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Public records show 6, Venice Road, Reading to be a modern freehold house with 850 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
6, Venice Road, Reading has an estimated sale value of £405,083 and an estimated rental value of £1,924 per month, assuming reasonable condition and based on the information available.
Venice Road, Shinfield, Reading, RG2 lies within the RG2 postal district.
6, Venice Road, Reading has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 6, Venice Road, Reading would be worth £425,337, with a potential rental value of £2,020 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £376,727, with a rental value of £1,789 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 6, Venice Road, Reading has declined by £10,192 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £45 (2.3%). The property's estimated gross yield is currently 5.7%.
6, Venice Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
6, Venice Road, Reading last changed hands on 21st December 2023, selling for £415,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 17.6% since December 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 6, Venice Road, Reading across the last 2 years.
Most recently, 9, Huick Road, Reading, RG2 9YG, a freehold house, sold at £417,500 on the 28th June 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 6, Venice Road, Reading as the 9th largest and the 9th most expensive of the 9 addresses on Venice Road, Shinfield, Reading, RG2.
Against the RG2 postcode district average, it is £32k more expensive than the typical property.
Reading Green Park station is the nearest stop to 6, Venice Road, Reading at 4.1 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Venice Road, Reading, 61.7% of property is privately owned with a mortgage and 19.6% is privately owned outright.
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 6, Venice Road, Reading, 19.8% of residents are recorded as possessing school level qualifications and 56.1% 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 6, Venice Road, Reading, the average age was 37.6 and the most common age was 32.
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 6, Venice Road, Reading, 1.0% 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 6, Venice Road, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.