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1, Blacksmiths Way, Reading is recorded publicly as a modern freehold house across 1,173 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Blacksmiths Way, Reading is £555,635 and its rental estimate is £2,461 per month, given the available information and assuming reasonable condition.
Blacksmiths Way, Arborfield Green, Reading, RG2 falls within the RG2 postal district.
1, Blacksmiths Way, Reading has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Blacksmiths Way, Reading, we estimate a market value of £583,417 and a rental value of £2,584 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £516,740 and £2,288 per month respectively.
Over the last year, 1, Blacksmiths Way, Reading has seen its estimated sale value move down by £14,912 (2.7%) and its estimated rental value increase by £58 per month (2.3%). This results in an estimated gross rental yield of 5.3%.
1, Blacksmiths Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Blacksmiths Way, Reading completed on 26th July 2022 at £595,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.7% over the period since July 2022.
Over the past 2 years 3 properties similar to 1, Blacksmiths Way, Reading have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th February 2025, was 4, Sorrel Drive, Reading, RG2 9QY, a freehold house which sold for £635,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Blacksmiths Way, Arborfield Green, Reading, RG2, 1, Blacksmiths Way, Reading comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £182k more expensive than the average property across the RG2 district.
From 1, Blacksmiths Way, Reading, the nearest station is Wokingham, 4.5 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Blacksmiths Way, Reading, % of property is and % is .
The graph below shows how this compares to South East 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 1, Blacksmiths Way, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1, Blacksmiths 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 1, Blacksmiths Way, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.