According to the public record, 8, Knights Way, Reading is a mid-century freehold house with 925 ft2 of internal area and sits on a 332 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Knights Way, Emmer Green, Reading, RG4 is located within the RG4 postal district.
8, Knights Way, Reading has a single entry in the Land Registry database from April 2013 and a single entry in the EPC database dated January 2013.
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 8 Knights Way Reading as £463,537 and the rental value as £1,857 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Knights Way Reading has increased by £1,391 (0.3%) and its rental value has increased by £103 per month (5.5%).
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 8, Knights Way, Reading is in very good condition we estimate a sale value of £486,713 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,089 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £463,537, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,278 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, 8, Knights Way, Reading sits on a plot of 332m2.
We have plot size data on 26 out of 41 other houses in the postcode and 8, Knights Way, Reading sits on the 15th largest plot.
According to HM Land Registry, 8, Knights Way, Reading was last sold on 22 Apr 2013 for £272,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2013, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Knights Way, Reading within a radius of 710 metres over the last 2 years.
The most recent example is 37, Knights Way, Reading, RG4 8RJ, a Freehold house which sold for £445,000 in Dec 2020.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knights Way, Emmer Green, Reading, RG4 has a total of 97 addresses. According to our analysis of all the public data, 8, Knights Way, Reading is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in RG4.
8, Knights Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2013.
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 8, Knights Way, Reading is Reading station which is 2.6 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 8, Knights Way, Reading, 35.1% of property is privately owned with a mortgage and 30.5% 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 8, Knights Way, Reading, 21.4% 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 8, Knights Way, Reading, the average age was 41 and the most common age was 42.
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 8, Knights 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 8, Knights 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.