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According to the public record, 4, Reeds Way, Wakefield is a modern freehold house with 1,442 ft2 of internal area and sits on a 369 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 4, Reeds Way, Wakefield is £454,409 and the estimated rental value is £1,656 per month.
Reeds Way, Wakefield, WF1 is located in the borough of Wakefield within the WF1 postal district.
4, Reeds Way, Wakefield has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated December 2016.
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.
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 4, Reeds Way, Wakefield is in very good condition we estimate a sale value of £477,130 and a rental value of £1,739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,601 and a rental value of £1,540 per month.
Over the last 12 months the sale value of 4 Reeds Way Wakefield has increased by an estimated £1,525 (0.3%) and its rental value has increased by an estimated £30 per month (1.8%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 4, Reeds Way, Wakefield sits on a plot of 369m2.
We have plot size data on 4 out of 4 other houses in the postcode and 4, Reeds Way, Wakefield sits on the 2nd largest plot.
4, Reeds Way, Wakefield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Dec 2016.
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, 4, Reeds Way, Wakefield was last sold on 24th July 2017 for £337,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Reeds Way, Wakefield within a radius of 620 metres over the last 2 years.
The most recent example is 16, Prince Albert Road, Wakefield, WF1 2FP, a freehold house which sold for £332,995 on the 1st June 2018.
Read more about house prices in WF1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeds Way, Wakefield, WF1 has a total of 4 addresses. According to our analysis of all the public data, 4, Reeds Way, Wakefield is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £248k more expensive than the average property in WF1.
The closest station to 4, Reeds Way, Wakefield is Outwood station which is 1.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Reeds Way, Wakefield, 59.1% of property is privately owned with a mortgage and 33.0% is privately owned outright.
The graph below shows how this compares to Yorkshire and The Humber 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 4, Reeds Way, Wakefield, 16.0% of residents are recorded as possessing school level qualifications and 44.1% as possessing degree level qualifications.
The graph below shows how this compares to Yorkshire and The Humber and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Reeds Way, Wakefield, the average age was 42 and the most common age was 37.
The graph below shows how this compares to Yorkshire and The Humber 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 4, Reeds Way, Wakefield, 0.3% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 4, Reeds Way, Wakefield, there are an average of 1.6 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.