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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Blacksmiths Way, Reading is a modern freehold house with 1,323 ft2 of internal area.
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 2, 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.
2, Blacksmiths Way, Reading has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated March 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.
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 2, 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.
Over the last 12 months the sale value of 2 Blacksmiths Way Reading has decreased by an estimated £15,866 (2.7%) and its rental value has increased by an estimated £59 per month (2.3%), giving an expected gross yield of 5.1%.
2, Blacksmiths Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Blacksmiths Way, Reading was last sold on 25th March 2022 for £605,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has dropped 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Blacksmiths Way, Reading within a radius of 960 metres over the last 2 years.
The most recent example is 1, Sorrel Drive, Reading, RG2 9QY, a leasehold house which sold for £622,250 on the 17th September 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blacksmiths Way, Arborfield Green, Reading, RG2 has a total of 16 addresses. According to our analysis of all the public data, 2, Blacksmiths Way, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in RG2.
The closest station to 2, Blacksmiths Way, Reading is Wokingham station which is 4.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, 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 2, 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 2, 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 2, 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.
