According to the public record, 11, Wealden Way, Reading is a mid-century freehold house with 710 ft2 of internal area and sits on a 364 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wealden Way, Tilehurst, Reading, RG30 is located within the RG30 postal district.
11, Wealden Way, Reading has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that 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 11 Wealden Way Reading as £349,453 and the rental value as £1,517 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 11 Wealden Way Reading has decreased by £7,037 (2.0%) and its rental value has increased by £60 per month (4.0%).
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 11, Wealden Way, Reading is in very good condition we estimate a sale value of £366,926 and rental value of £1,593 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,991 and a rental value of £1,411 per month.
If you were able to purchase this property for the estimated value of £349,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,717 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, 11, Wealden Way, Reading sits on a plot of 364m2.
We have plot size data on 66 out of 95 other houses in the postcode and 11, Wealden Way, Reading sits on the 2nd largest plot.
According to HM Land Registry, 11, Wealden Way, Reading was last sold on 31 Jan 2023 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Wealden Way, Reading within a radius of 550 metres over the last 2 years.
The most recent example is 2, Chelsea Close, Reading, RG30 6EP, a Freehold house which sold for £415,000 in Dec 2022.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wealden Way, Tilehurst, Reading, RG30 has a total of 95 addresses. According to our analysis of all the public data, 11, Wealden Way, Reading is the 38th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in RG30.
11, Wealden Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2022.
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 11, Wealden Way, Reading is Tilehurst station which is 1.2 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 11, Wealden Way, Reading, 41.3% of property is privately owned outright and 37.1% is privately owned with a mortgage.
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 11, Wealden Way, Reading, 16.8% of residents are recorded as possessing school level qualifications and 29.3% 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 11, Wealden Way, Reading, the average age was 41.7 and the most common age was 52.
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 11, Wealden Way, Reading, 0.3% 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 11, Wealden Way, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.