2, Rainbow Park
2, Rainbow Park
Description & Estimates
The public record describes 2, Rainbow Park, Wokingham as a modern house with 925 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Rainbow Park, Wokingham has an estimated sale value of £260,411 and an estimated rental value of £1,182 per month, assuming reasonable condition and based on the information available.
Rainbow Park, Winnersh, Wokingham, RG41 lies within the RG41 postal district.
Our Data Sources
2, Rainbow Park, Wokingham has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Rainbow Park, Wokingham would be worth £273,431, with a potential rental value of £1,241 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £242,182, with a rental value of £1,099 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Rainbow Park, Wokingham has dropped by £4,780 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £23 (2.0%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
2, Rainbow Park, Wokingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 590 metres of 2, Rainbow Park, Wokingham across the last 2 years.
Most recently, 8, Targett Court, Wokingham, RG41 5HP, a freehold house, sold at £220,000 on the 28th April 2017.
Read more about house prices in RG41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Rainbow Park, Wokingham as the 42nd largest and the 59th most expensive of the 86 addresses on Rainbow Park, Winnersh, Wokingham, RG41.
Against the RG41 postcode district average, it is £279k less expensive than the typical property.
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Schools Nearby
- 900mBearwood Primary School
- 900mWheatfield Primary School and Nursery
- 900mWinnersh Primary School
- 400mThe Forest School
- 2.2kmThe Emmbrook School
- 3.0kmThe Holt School
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Public Transport Nearby
Winnersh station is the nearest stop to 2, Rainbow Park, Wokingham at 300 metres away.
- 300mWinnersh
- 1.1kmWinnersh Triangle
- 2.9kmEarley
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
