18, Blacksmiths Way
18, Blacksmiths Way
Description & Estimates
According to the public record, 18, Blacksmiths Way, Reading is a modern freehold house with 1,323 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Blacksmiths Way, Reading is £591,186 and the estimated rental value is £2,525 per month.
Blacksmiths Way, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
18, Blacksmiths Way, Reading has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated October 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.
Price Range & Condition
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 18, Blacksmiths Way, Reading is in very good condition we estimate a sale value of £620,746 and a rental value of £2,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,803 and a rental value of £2,348 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Blacksmiths Way, Reading has moved down by £15,866 (2.7%), while its estimated rental value has increased by £59 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 18, Blacksmiths Way, Reading sits on a plot of 286 m2.
We have plot size data on 6 out of 16 other houses in the postcode and 18, Blacksmiths Way, Reading sits on the largest plot.
Energy Efficiency
18, Blacksmiths Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 18, Blacksmiths Way, Reading was last sold on 21st October 2022 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped by 17.8%.
- Sold Oct 2022£625,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Blacksmiths Way, Reading within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 101, Martingale Grove, Reading, RG2 9HD, a freehold house which sold for £600,000 on the 26th June 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Blacksmiths Way, Arborfield Green, Reading, RG2 has a total of 16 addresses. According to our analysis of all the public data, 18, Blacksmiths Way, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in RG2.
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Schools Nearby
- 1.3kmThe Coombes Church of England Primary School
- 2.2kmFarley Hill Primary School
- 2.5kmGorse Ride Junior School
- 900mBohunt School Wokingham
- 4.8kmThe Emmbrook School
- 4.8kmThe Holt School
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Public Transport Nearby
The closest station to 18, Blacksmiths Way, Reading is Wokingham station, which is 4.5 kilometres away.
- 4.5kmWokingham
- 4.9kmWinnersh
- 5.5kmWinnersh Triangle
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
