According to the public record, 1, Reed Walk, Newbury is a mid-century house with 990 ft2 of internal area and sits on a 504 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reed Walk, Newbury, RG14 is located within the RG14 postal district.
1, Reed Walk, Newbury has no records in the Land Registry database and a single entry in the EPC database dated March 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Reed Walk Newbury as £331,013 and the rental value as £1,509 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 Reed Walk Newbury has increased by £4,947 (1.5%) and its rental value has increased by £53 per month (3.5%).
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 1, Reed Walk, Newbury is in very good condition we estimate a sale value of £347,564 and rental value of £1,585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,842 and a rental value of £1,404 per month.
If you were able to purchase this property for the estimated value of £331,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,627 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Reed Walk, Newbury sits on a plot of 504m2.
We have plot size data on 7 out of 13 other houses in the postcode and 1, Reed Walk, Newbury sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Reed Walk, Newbury within a radius of 540 metres over the last 2 years.
The most recent example is 14, Pike Street, Newbury, RG14 2BJ, a Freehold house which sold for £282,000 in Dec 2023.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Walk, Newbury, RG14 has a total of 13 addresses. According to our analysis of all the public data, 1, Reed Walk, Newbury is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in RG14.
1, Reed Walk, Newbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Reed Walk, Newbury is Newbury Racecourse station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Reed Walk, Newbury, 36.8% of property is privately owned with a mortgage and 32.6% is socially rented.
The graph below shows how this compares to Greater London 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 1, Reed Walk, Newbury, 15.0% of residents are recorded as possessing school level qualifications and 30.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Reed Walk, Newbury, the average age was 39.1 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 1, Reed Walk, Newbury, 0.0% 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 1, Reed Walk, Newbury, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.