12, Mitchell Way
12, Mitchell Way
Description & Estimates
12, Mitchell Way, Reading is recorded publicly as a modern freehold house across 1,065 ft2 of internal area, sitting on a 280 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Mitchell Way, Reading is £517,759 and its rental estimate is £1,823 per month, given the available information and assuming reasonable condition.
Mitchell Way, Woodley, Reading, RG5 falls within the RG5 postal district.
Our Data Sources
12, Mitchell Way, Reading has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 12, Mitchell Way, Reading, we estimate a market value of £543,647 and a rental value of £1,914 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £481,516 and £1,695 per month respectively.
Recent Market Change
Over the last year, 12, Mitchell Way, Reading has seen its estimated sale value drop by £9,280 (1.8%) and its estimated rental value rise by £33 per month (1.8%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 12, Mitchell Way, Reading as measuring 280 m2.
That makes it the 28th largest plot in the postcode, where all 38 other houses have recorded plot data.
Energy Efficiency
12, Mitchell Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Mitchell Way, Reading completed on 30th April 2021 at £450,000 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 risen by 10.2% over the period since April 2021.
- Sold Apr 2021£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Mitchell Way, Reading have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2024, was 6, Comet Way, Reading, RG5 4NZ, a freehold house which sold for £600,000.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on Mitchell Way, Woodley, Reading, RG5, 12, Mitchell Way, Reading comes out as the 24th largest and the 27th most expensive in our analysis of the public data.
It is also £62k more expensive than the average property across the RG5 district.
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Schools Nearby
- 400mWoodley CofE Primary School
- 900mRivermead Primary School
- 1.3kmWillow Bank Infant School
- 1.5kmWaingels
- 2.3kmThe Bulmershe School
- 2.3kmThe Forest School
More reading links
Public Transport Nearby
From 12, Mitchell Way, Reading, the nearest station is Winnersh Triangle, 1.7 kilometres away.
- 1.7kmWinnersh Triangle
- 2.5kmWinnersh
- 2.6kmEarley
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
