According to the public record, 22, Arbery Way, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,754 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Arbery Way, Arborfield, Reading, RG2 is located within the RG2 postal district.
22, Arbery Way, Reading has a single entry in the Land Registry database from May 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 22 Arbery Way Reading as £700,690 and the rental value as £2,707 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 22 Arbery Way Reading has decreased by £11,064 (1.6%) and its rental value has increased by £68 per month (2.5%).
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 22, Arbery Way, Reading is in very good condition we estimate a sale value of £735,724 and rental value of £2,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £651,642 and a rental value of £2,518 per month.
If you were able to purchase this property for the estimated value of £700,690, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,444 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, 22, Arbery Way, Reading was last sold on 29 May 2007 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Arbery Way, Reading within a radius of 75m over the last 2 years.
The most recent example is 2, Bentley Drive, Reading, RG2 9FH, a Freehold house which sold for £700,000 in Jun 2023.
Read more about house prices in RG2.
Arbery Way, Arborfield, Reading, RG2 has a total of 31 addresses. According to our analysis of all the public data, 22, Arbery Way, Reading is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £334k more expensive than the average property in RG2.
The closest station to 22, Arbery Way, Reading is Wokingham station which is 5.1 km 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 22, Arbery Way, Reading, 39.8% of property is privately owned with a mortgage and 27.3% is privately 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 22, Arbery Way, Reading, 23.4% of residents are recorded as possessing school level qualifications and 38.3% 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 22, Arbery Way, Reading, the average age was 37 and the most common age was 12.
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 22, Arbery Way, Reading, 0.6% 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 22, Arbery Way, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.