According to the public record, 49, Elliots Way, Reading is a modern freehold house with 1,151 ft2 of internal area and sits on a 254 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elliots Way, Caversham, Reading, RG4 is located within the RG4 postal district.
49, Elliots Way, Reading has 51 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated August 2017.
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 49 Elliots Way Reading as £602,710 and the rental value as £1,965 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 49 Elliots Way Reading has decreased by £11,318 (1.9%) and its rental value has increased by £71 per month (3.6%).
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 49, Elliots Way, Reading is in very good condition we estimate a sale value of £632,845 and rental value of £2,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £560,520 and a rental value of £1,828 per month.
If you were able to purchase this property for the estimated value of £602,710, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,962 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, 49, Elliots Way, Reading sits on a plot of 254m2.
We have plot size data on 24 out of 29 other houses in the postcode and 49, Elliots Way, Reading sits on the 6th largest plot.
According to HM Land Registry, 49, Elliots Way, Reading was last sold on 19 Sep 2023 for £635,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Elliots Way, Reading within a radius of 470 metres over the last 2 years.
The most recent example is 43, Patrick Road, Reading, RG4 8DD, a Freehold house which sold for £575,000 in Dec 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elliots Way, Caversham, Reading, RG4 has a total of 44 addresses. According to our analysis of all the public data, 49, Elliots Way, Reading is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in RG4.
49, Elliots Way, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2017.
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 49, Elliots Way, Reading is Reading station which is 700 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 49, Elliots Way, Reading, 39.4% of property is privately rented and 33.8% 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 49, Elliots Way, Reading, 11.5% of residents are recorded as possessing school level qualifications and 70.3% 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 49, Elliots Way, Reading, the average age was 36.8 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 49, Elliots Way, Reading, 1.7% 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 49, Elliots Way, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.