3, THAMES AVENUE, READING, RG1 8DT - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THAMES AVENUE is a small detached house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £478,655. It was last sold for £425,000 in June 2021, which was around 31% below the average June 2021 detached price in the Reading local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

3 THAMES AVENUE Sold Prices

Land registry data shows three sales for 3 THAMES AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reading local authority area for the corresponding sale date. All of the three 3 THAMES AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 JUN	£425,000	£615,016	31% below HPI
1997 27 MAY	£72,500	£135,174	46% below HPI
1996 2 AUG	£45,000	£123,955	64% below HPI

3 THAMES AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reading local authority area over time, sourced from the HPI. The three 3 THAMES AVENUE sales between August 1996 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 THAMES AVENUE be worth now?

3 THAMES AVENUE might now be worth an estimated £478,655.

This is based on house price inflation of 12.6%, between June 2021 and February 2025, for detached houses, in the Reading local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 3 THAMES AVENUE of £425,000 on 11th June 2021. For the value to have increased from £425,000 to £478,655 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 3 THAMES AVENUE has moved in line with the HPI for detached houses in the Reading local authority area.
• The June 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THAMES AVENUE has not materially changed since June 2021.

How Large is 3 THAMES AVENUE?

3 THAMES AVENUE is 104m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses houses in Reading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reading, and where 3 THAMES AVENUE lies on this distribution: 32% of detached houses houses are smaller than 3 THAMES AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Reading.

3 THAMES AVENUE: Plot and Title Map

3 THAMES AVENUE sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 3 THAMES AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 THAMES AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 THAMES AVENUE?

3 THAMES AVENUE is located in READING, in the RG1 postcode district. The below map shows the position of No. 3 on THAMES AVENUE.