518, NORTHUMBERLAND AVENUE, READING, RG2 8NY - £357,500

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.

518 NORTHUMBERLAND AVENUE is a very small extended semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £355,625. It was last sold for £357,500 in October 2022, which was around 17% below the average October 2022 semi-detached price in the Reading local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

518 NORTHUMBERLAND AVENUE Sold Prices

Land registry data shows four sales for 518 NORTHUMBERLAND AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. All of the four 518 NORTHUMBERLAND 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
2022 28 OCT	£357,500	£432,915	17% below HPI
2021 8 OCT	£330,000	£393,587	16% below HPI
1998 15 MAY	£72,000	£96,449	25% below HPI
1995 28 SEP	£45,000	£69,052	35% below HPI

518 NORTHUMBERLAND AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Reading local authority area over time, sourced from the HPI. The four 518 NORTHUMBERLAND AVENUE sales between September 1995 and October 2022 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 October 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 518 NORTHUMBERLAND AVENUE be worth now?

518 NORTHUMBERLAND AVENUE might now be worth an estimated £355,625.

This is based on house price deflation of 0.5%, between October 2022 and February 2025, for semi-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 0.5% deflationary decrease is applied to the most recent sale price for 518 NORTHUMBERLAND AVENUE of £357,500 on 28th October 2022. For the value to have decreased from £357,500 to £355,625 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 518 NORTHUMBERLAND AVENUE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The October 2022 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 518 NORTHUMBERLAND AVENUE has not materially changed since October 2022.

How Large is 518 NORTHUMBERLAND AVENUE?

518 NORTHUMBERLAND AVENUE is 76m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Reading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Reading, and where 518 NORTHUMBERLAND AVENUE lies on this distribution: 9% of semi-detached houses houses are smaller than 518 NORTHUMBERLAND AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Reading.

518 NORTHUMBERLAND AVENUE: Plot and Title Map

518 NORTHUMBERLAND AVENUE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 518 NORTHUMBERLAND 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 518 NORTHUMBERLAND 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 518 NORTHUMBERLAND AVENUE?

518 NORTHUMBERLAND AVENUE is located in READING, in the RG2 postcode district. The below map shows the position of No. 518 on NORTHUMBERLAND AVENUE.