According to the public record, 46, Mersey Way, Thatcham is a mid-century freehold house with 1,334 ft2 of internal area and sits on a 331 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mersey Way, Thatcham, RG18 is located within the RG18 postal district.
46, Mersey Way, Thatcham has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated April 2023.
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 46 Mersey Way Thatcham as £476,654 and the rental value as £1,996 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 46 Mersey Way Thatcham has decreased by £10,260 (2.2%) and its rental value has increased by £26 per month (1.3%).
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 46, Mersey Way, Thatcham is in very good condition we estimate a sale value of £500,486 and rental value of £2,096 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,288 and a rental value of £1,856 per month.
If you were able to purchase this property for the estimated value of £476,654, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,343 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, 46, Mersey Way, Thatcham sits on a plot of 331m2.
We have plot size data on 47 out of 79 other houses in the postcode and 46, Mersey Way, Thatcham sits on the 10th largest plot.
According to HM Land Registry, 46, Mersey Way, Thatcham was last sold on 29 Jun 2023 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Mersey Way, Thatcham within a radius of 780 metres over the last 2 years.
The most recent example is 26, Mersey Way, Thatcham, RG18 3DL, a Freehold house which sold for £425,000 in Mar 2023.
Read more about house prices in RG18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mersey Way, Thatcham, RG18 has a total of 79 addresses. According to our analysis of all the public data, 46, Mersey Way, Thatcham is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £3k more expensive than the average property in RG18.
46, Mersey Way, Thatcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2023.
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 46, Mersey Way, Thatcham is Newbury Racecourse station which is 2.9 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 46, Mersey Way, Thatcham, 51.8% of property is privately owned outright and 39.5% 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 46, Mersey Way, Thatcham, 15.4% of residents are recorded as possessing school level qualifications and 32.1% 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 46, Mersey Way, Thatcham, the average age was 40.7 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 46, Mersey Way, Thatcham, 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 46, Mersey Way, Thatcham, 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.