8, Gloucester Avenue
8, Gloucester Avenue
Description & Estimates
According to the public record, 8, Gloucester Avenue, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 475 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Gloucester Avenue, Reading is £197,699 and the estimated rental value is £1,260 per month.
Gloucester Avenue, Shinfield, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
8, Gloucester Avenue, Reading has a single entry in the Land Registry from June 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Gloucester Avenue, Reading is in very good condition we estimate a sale value of £207,584 and a rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,860 and a rental value of £1,172 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Gloucester Avenue, Reading has fallen by £5,338 (2.7%), while its estimated rental value has moved up by £24 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Sold Prices
According to HM Land Registry, 8, Gloucester Avenue, Reading was last sold on 29th June 2012 for £89,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2012, the market for similar properties has risen by 24.2%.
- Sold Jun 2012£89,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gloucester Avenue, Reading within a radius of 700 metres over the last 2 years.
The most recent example is 36, Gloucester Avenue, Reading, RG2 9GA, a leasehold flat which sold for £222,000 on the 16th June 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Gloucester Avenue, Shinfield, Reading, RG2 has a total of 76 addresses. According to our analysis of all the public data, 8, Gloucester Avenue, Reading is the 71st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in RG2.
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Schools Nearby
- 600mShinfield Infant and Nursery School
- 600mAlder Grove Church of England Primary School
- 800mShinfield St Mary's CofE Junior School
- 1.2kmOakbank School
- 2.0kmHartland High School
- 3.1kmReading Girls' School
More reading links
Public Transport Nearby
The closest station to 8, Gloucester Avenue, Reading is Reading Green Park station, which is 3.9 kilometres away.
- 3.9kmReading Green Park
- 4.2kmEarley
- 5.1kmWinnersh Triangle
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.
