According to the public record, 3, Portman Way, Reading is a modern freehold house with 775 ft2 of internal area and sits on a 110 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Portman Way, Reading, RG30 is located within the RG30 postal district.
3, Portman Way, Reading has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated November 2021.
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 3 Portman Way Reading as £292,287 and the rental value as £1,423 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 3 Portman Way Reading has decreased by £2,432 (0.8%) and its rental value has increased by £70 per month (4.9%).
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 3, Portman Way, Reading is in very good condition we estimate a sale value of £306,901 and rental value of £1,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,826 and a rental value of £1,323 per month.
If you were able to purchase this property for the estimated value of £292,287, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,437 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, 3, Portman Way, Reading sits on a plot of 110m2.
We have plot size data on 11 out of 17 other houses in the postcode and 3, Portman Way, Reading sits on the 4th largest plot.
According to HM Land Registry, 3, Portman Way, Reading was last sold on 25 Jun 2010 for £219,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Portman Way, Reading within a radius of 410 metres over the last 2 years.
The most recent example is 68, Battle Square, Reading, RG30 1AL, a Freehold house which sold for £376,500 in May 2024.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portman Way, Reading, RG30 has a total of 61 addresses. According to our analysis of all the public data, 3, Portman Way, Reading is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in RG30.
3, Portman Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2021.
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 3, Portman Way, Reading is Reading West station which is 600 metres 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 3, Portman Way, Reading, 45.8% of property is privately rented and 26.4% 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 3, Portman Way, Reading, 23.4% of residents are recorded as possessing school level qualifications and 23.4% 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 3, Portman Way, Reading, the average age was 34 and the most common age was 32.
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 3, Portman Way, Reading, 1.5% 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 3, Portman Way, Reading, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.