According to the public record, 48, Armstrong Way, Reading is a modern freehold house with 637 ft2 of internal area and sits on a 113 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Armstrong Way, Woodley, Reading, RG5 is located within the RG5 postal district.
48, Armstrong Way, Reading has 71 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated November 2009.
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 48 Armstrong Way Reading as £339,057 and the rental value as £1,338 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 48 Armstrong Way Reading has increased by £2,669 (0.8%) and its rental value has increased by £68 per month (5.1%).
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 48, Armstrong Way, Reading is in very good condition we estimate a sale value of £356,010 and rental value of £1,405 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £315,323 and a rental value of £1,244 per month.
If you were able to purchase this property for the estimated value of £339,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,666 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, 48, Armstrong Way, Reading sits on a plot of 113m2.
We have plot size data on 23 out of 31 other houses in the postcode and 48, Armstrong Way, Reading sits on the 26th largest plot.
According to HM Land Registry, 48, Armstrong Way, Reading was last sold on 14 Sep 2018 for £299,000 and was recorded as a freehold house.
The property has had 7 sales since 1995.
Since Sep 2018, the market for similar properties has risen 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Armstrong Way, Reading within a radius of 580 metres over the last 2 years.
The most recent example is 33, Shackleton Way, Reading, RG5 4UU, a Freehold house which sold for £335,000 in May 2024.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Armstrong Way, Woodley, Reading, RG5 has a total of 57 addresses. According to our analysis of all the public data, 48, Armstrong Way, Reading is the 33rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in RG5.
48, Armstrong Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 48, Armstrong 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 48, Armstrong Way, Reading, 47.1% of property is privately owned with a mortgage and 29.8% 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 48, Armstrong Way, Reading, 19.6% of residents are recorded as possessing school level qualifications and 42.0% 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 48, Armstrong 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 48, Armstrong Way, Reading, 0.7% 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 48, Armstrong Way, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.