6, PALMER PARK AVENUE, READING, RG6 1DN - £320,000

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.

6 PALMER PARK AVENUE is a small extended semi-detached house of 109m², built sometime between 1900 and 1929, which could now be worth an estimated £353,955. It was last sold for £320,000 in September 2021, which was around 18% below the average September 2021 semi-detached price in the Reading local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

6 PALMER PARK AVENUE Sold Prices

Land registry data shows three sales for 6 PALMER PARK AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Reading local authority area for the corresponding sale date. Two of the three 6 PALMER PARK AVENUE sales were for below the average price, whilst one was for above 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 10 SEP	£320,000	£389,333	18% below HPI
2008 18 JAN	£290,000	£255,802	13% above HPI
2007 22 FEB	£191,500	£237,959	20% below HPI

6 PALMER PARK 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 three 6 PALMER PARK AVENUE sales between February 2007 and September 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 January 2008 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 PALMER PARK AVENUE be worth now?

6 PALMER PARK AVENUE might now be worth an estimated £353,955.

This is based on house price inflation of 10.6%, between September 2021 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 10.6% inflationary increase is applied to the most recent sale price for 6 PALMER PARK AVENUE of £320,000 on 10th September 2021. For the value to have increased from £320,000 to £353,955 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 PALMER PARK AVENUE has moved in line with the HPI for semi-detached houses in the Reading local authority area.
• The September 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PALMER PARK AVENUE has not materially changed since September 2021.

How Large is 6 PALMER PARK AVENUE?

6 PALMER PARK AVENUE is 109m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% 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 6 PALMER PARK AVENUE lies on this distribution: 38% of semi-detached houses houses are smaller than 6 PALMER PARK AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Reading.

6 PALMER PARK AVENUE: Plot and Title Map

6 PALMER PARK AVENUE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 6 PALMER PARK 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 6 PALMER PARK 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 6 PALMER PARK AVENUE?

6 PALMER PARK AVENUE is located in READING, in the RG6 postcode district. The below map shows the position of No. 6 on PALMER PARK AVENUE.