38, Mulberry Way
38, Mulberry Way
Description & Estimates
38, Mulberry Way, Reading is recorded publicly as a modern freehold house across 1,044 ft2 of internal area, sitting on a 216 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Mulberry Way, Reading is £448,305 and its rental estimate is £1,883 per month, given the available information and assuming reasonable condition.
Mulberry Way, Theale, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
38, Mulberry Way, Reading has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated September 2016.
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 38, Mulberry Way, Reading, we estimate a market value of £470,720 and a rental value of £1,977 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £416,924 and £1,751 per month respectively.
Recent Market Change
Over the last year, 38, Mulberry Way, Reading has seen its estimated sale value decrease by £9,425 (2.1%) and its estimated rental value grow by £44 per month (2.3%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 38, Mulberry Way, Reading as measuring 216 m2.
That makes it the 25th largest plot in the postcode, where all 27 other houses have recorded plot data.
Energy Efficiency
38, Mulberry Way, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 38, Mulberry Way, Reading completed on 18th October 2022 at £415,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 11.5% over the period since October 2022.
- Sold Oct 2022£415,000
- Sold Apr 2006£232,000
- Sold Jun 1998£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Mulberry Way, Reading have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 48, Cavalier Close, Reading, RG7 5DJ, a freehold house which sold for £436,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Mulberry Way, Theale, Reading, RG7, 38, Mulberry Way, Reading comes out as the 13th largest and the 17th most expensive in our analysis of the public data.
It is also £91k less expensive than the average property across the RG7 district.
More reading links
Schools Nearby
- 600mTheale C.E. Primary School
- 1.7kmEnglefield C.E. Primary School
- 2.2kmCalcot Infant School and Nursery
- 500mTheale Green School
- 2.7kmLittle Heath School
- 4.3kmThe Willink School
More reading links
Public Transport Nearby
From 38, Mulberry Way, Reading, the nearest station is Theale, 400 metres away.
- 400mTheale
- 5.4kmTilehurst
- 5.5kmAldermaston
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.
