According to the public record, 50, Meadow Way, Reading is a mid-century freehold house with 947 ft2 of internal area and sits on a 124 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meadow Way, Theale, Reading, RG7 is located within the RG7 postal district.
50, Meadow Way, Reading has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated December 2016.
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 50 Meadow Way Reading as £348,077 and the rental value as £1,591 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 50 Meadow Way Reading has decreased by £139 (0.0%) and its rental value has increased by £86 per month (5.4%).
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 50, Meadow Way, Reading is in very good condition we estimate a sale value of £365,481 and rental value of £1,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,712 and a rental value of £1,480 per month.
If you were able to purchase this property for the estimated value of £348,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,711 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, 50, Meadow Way, Reading sits on a plot of 124m2.
We have plot size data on 20 out of 32 other houses in the postcode and 50, Meadow Way, Reading sits on the 10th largest plot.
According to HM Land Registry, 50, Meadow Way, Reading was last sold on 20 Oct 2017 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Meadow Way, Reading within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 48, Meadow Way, Reading, RG7 4AX, a Freehold house which sold for £347,500 in Nov 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Way, Theale, Reading, RG7 has a total of 143 addresses. According to our analysis of all the public data, 50, Meadow Way, Reading is the 45th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in RG7.
50, Meadow Way, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 50, Meadow Way, Reading is Theale station which is 400 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 50, Meadow Way, Reading, 48.4% of property is privately owned with a mortgage and 22.3% is privately rented.
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 50, Meadow Way, Reading, 19.7% of residents are recorded as possessing school level qualifications and 36.0% 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 50, Meadow Way, Reading, the average age was 41.2 and the most common age was 52.
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 50, Meadow Way, Reading, 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 50, Meadow Way, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.