According to the public record, 18, Vicarage Wood Way, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,670 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Vicarage Wood Way, Tilehurst, Reading, RG31 is located within the RG31 postal district.
18, Vicarage Wood Way, Reading has 51 entries in the Land Registry database, most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Vicarage Wood Way Reading as £685,582 and the rental value as £2,652 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 18 Vicarage Wood Way Reading has decreased by £22,922 (3.3%) and its rental value has increased by £72 per month (2.7%).
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, Vicarage Wood Way, Reading is in very good condition we estimate a sale value of £719,861 and rental value of £2,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £637,591 and a rental value of £2,466 per month.
If you were able to purchase this property for the estimated value of £685,582, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,369 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 HM Land Registry, 18, Vicarage Wood Way, Reading was last sold on 23 Feb 2007 for £465,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Feb 2007, the market for similar properties has risen 58.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Vicarage Wood Way, Reading within a radius of 800 metres over the last 2 years.
The most recent example is 31, Vicarage Wood Way, Reading, RG31 6ZX, a Freehold house which sold for £607,000 in May 2021.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vicarage Wood Way, Tilehurst, Reading, RG31 has a total of 38 addresses. According to our analysis of all the public data, 18, Vicarage Wood Way, Reading is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £254k more expensive than the average property in RG31.
The closest station to 18, Vicarage Wood Way, Reading is Tilehurst station which is 1.9 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, Vicarage Wood Way, Reading, 49.1% of property is privately owned with a mortgage and 48.2% 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, Vicarage Wood Way, Reading, 21.6% of residents are recorded as possessing school level qualifications and 41.8% 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, Vicarage Wood 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, Vicarage Wood 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, Vicarage Wood Way, Reading, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.