According to the public record, 38, Two Rivers Way, Newbury is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 708 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Two Rivers Way, Newbury, RG14 is located within the RG14 postal district.
38, Two Rivers Way, Newbury has 31 entries in the Land Registry database, most recently in July 2017 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 38 Two Rivers Way Newbury as £347,597 and the rental value as £1,381 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 38 Two Rivers Way Newbury has increased by £3,926 (1.1%) and its rental value has increased by £51 per month (3.7%).
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 38, Two Rivers Way, Newbury is in very good condition we estimate a sale value of £364,977 and rental value of £1,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,266 and a rental value of £1,284 per month.
If you were able to purchase this property for the estimated value of £347,597, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,708 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, 38, Two Rivers Way, Newbury was last sold on 10 Jul 2017 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Two Rivers Way, Newbury within a radius of 750 metres over the last 2 years.
The most recent example is 30, Two Rivers Way, Newbury, RG14 5TE, a Freehold house which sold for £315,000 in Jun 2023.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Two Rivers Way, Newbury, RG14 has a total of 82 addresses. According to our analysis of all the public data, 38, Two Rivers Way, Newbury is the 38th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in RG14.
The closest station to 38, Two Rivers Way, Newbury is Newbury Racecourse station which is 900 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 38, Two Rivers Way, Newbury, 41.0% of property is privately rented and 34.0% 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 38, Two Rivers Way, Newbury, 12.4% of residents are recorded as possessing school level qualifications and 37.3% 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 38, Two Rivers Way, Newbury, the average age was 39.1 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 38, Two Rivers Way, Newbury, 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 38, Two Rivers Way, Newbury, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.