According to the public record, 20, Mitchell Way, Reading is a mid-century house with 1,119 ft2 of internal area and sits on a 420 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mitchell Way, Woodley, Reading, RG5 is located within the RG5 postal district.
20, Mitchell Way, Reading has no records in the Land Registry database and a single entry in the EPC database dated April 2014.
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 20 Mitchell Way Reading as £533,316 and the rental value as £1,882 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 20 Mitchell Way Reading has decreased by £8,833 (1.7%) and its rental value has increased by £45 per month (2.4%).
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 20, Mitchell Way, Reading is in very good condition we estimate a sale value of £559,982 and rental value of £1,976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,984 and a rental value of £1,750 per month.
If you were able to purchase this property for the estimated value of £533,316, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,621 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, 20, Mitchell Way, Reading sits on a plot of 420m2.
We have plot size data on 19 out of 38 other houses in the postcode and 20, Mitchell Way, Reading 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 20, Mitchell Way, Reading within a radius of 650 metres over the last 2 years.
The most recent example is 53, Mitchell Way, Reading, RG5 4NQ, a Freehold house which sold for £565,000 in Aug 2023.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitchell Way, Woodley, Reading, RG5 has a total of 38 addresses. According to our analysis of all the public data, 20, Mitchell Way, Reading is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in RG5.
20, Mitchell Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2014.
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 20, Mitchell Way, Reading is Winnersh Triangle 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 20, Mitchell Way, Reading, 57.7% of property is privately owned outright and 37.4% 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 20, Mitchell Way, Reading, 16.9% of residents are recorded as possessing school level qualifications and 42.8% 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 20, Mitchell Way, Reading, the average age was 38 and the most common age was 37.
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 20, Mitchell Way, Reading, 2.1% 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 20, Mitchell Way, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.