3, Redwood Way
3, Redwood Way
Description & Estimates
Public records show 3, Redwood Way, Reading to be a mid-century freehold house with 979 ft2 of internal area, sitting on a 228 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Redwood Way, Reading has an estimated sale value of £375,940 and an estimated rental value of £1,869 per month, assuming reasonable condition and based on the information available.
Redwood Way, Tilehurst, Reading, RG31 lies within the RG31 postal district.
Our Data Sources
3, Redwood Way, Reading has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that 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 3, Redwood Way, Reading would be worth £394,737, with a potential rental value of £1,963 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £349,624, with a rental value of £1,739 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 3, Redwood Way, Reading has decreased by £8,104 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (2.1%). The property's estimated gross yield is currently 6.0%.
Plot Size
3, Redwood Way, Reading occupies a 228 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
3, Redwood Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Redwood Way, Reading last changed hands on 31st January 2023, selling for £385,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 6.6% since January 2023.
- Sold Jan 2023£385,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 730 metres of 3, Redwood Way, Reading across the last 2 years.
Most recently, 19, Oregon Avenue, Reading, RG31 6RZ, a freehold house, sold at £425,000 on the 16th March 2026.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Redwood Way, Reading as the 3rd largest and the 4th most expensive of the 9 addresses on Redwood Way, Tilehurst, Reading, RG31.
Against the RG31 postcode district average, it is £54k less expensive than the typical property.
More reading links
Schools Nearby
- 200mWestwood Farm Junior School
- 200mWestwood Farm Infant School
- 700mDownsway Primary School
- 1.0kmDenefield School
- 2.4kmLittle Heath School
- 3.3kmKing's Academy Prospect
More reading links
Public Transport Nearby
Tilehurst station is the nearest stop to 3, Redwood Way, Reading at 800 metres away.
- 800mTilehurst
- 3.7kmPangbourne
- 4.1kmReading West
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.
