According to the public record, 18, Highworth Way, Reading is a modern freehold house with 1,087 ft2 of internal area and sits on a 289 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Highworth Way, Tilehurst, Reading, RG31 is located within the RG31 postal district.
18, Highworth Way, Reading has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated May 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 18 Highworth Way Reading as £499,001 and the rental value as £2,091 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 18 Highworth Way Reading has decreased by £15,509 (3.1%) and its rental value has increased by £62 per month (3.0%).
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 18, Highworth Way, Reading is in very good condition we estimate a sale value of £523,951 and rental value of £2,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £464,071 and a rental value of £1,945 per month.
If you were able to purchase this property for the estimated value of £499,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,452 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, 18, Highworth Way, Reading sits on a plot of 289m2.
We have plot size data on 24 out of 54 other houses in the postcode and 18, Highworth Way, Reading sits on the 16th largest plot.
According to HM Land Registry, 18, Highworth Way, Reading was last sold on 01 Jul 2022 for £490,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Highworth Way, Reading within a radius of 720 metres over the last 2 years.
The most recent example is 21, The Knoll, Reading, RG31 6GW, a Freehold house which sold for £350,000 in Jan 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highworth Way, Tilehurst, Reading, RG31 has a total of 56 addresses. According to our analysis of all the public data, 18, Highworth Way, Reading is the 48th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in RG31.
18, Highworth Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 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 18, Highworth Way, Reading is Tilehurst station which is 1.7 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 18, Highworth Way, Reading, 54.3% of property is privately owned with a mortgage and 39.4% is privately owned outright.
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 18, Highworth Way, Reading, 18.6% of residents are recorded as possessing school level qualifications and 37.9% 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 18, Highworth Way, Reading, the average age was 43.5 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 18, Highworth Way, Reading, 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 18, Highworth Way, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.