48, Two Rivers Way
48, Two Rivers Way
Description & Estimates
48, Two Rivers Way, Newbury is recorded publicly as a modern freehold house across 1,334 ft2 of internal area, sitting on a 262 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 48, Two Rivers Way, Newbury is £504,723 and its rental estimate is £1,840 per month, given the available information and assuming reasonable condition.
Two Rivers Way, Newbury, RG14 falls within the RG14 postal district.
Our Data Sources
48, Two Rivers Way, Newbury has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated November 2020.
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 48, Two Rivers Way, Newbury, we estimate a market value of £529,959 and a rental value of £1,932 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £469,392 and £1,711 per month respectively.
Recent Market Change
Over the last year, 48, Two Rivers Way, Newbury has seen its estimated sale value decline by £10,926 (2.2%) and its estimated rental value climb by £50 per month (2.7%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 48, Two Rivers Way, Newbury as measuring 262 m2.
That makes it the 18th largest plot in the postcode, where all 40 other houses have recorded plot data.
Energy Efficiency
48, Two Rivers Way, Newbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 48, Two Rivers Way, Newbury completed on 25th June 2021 at £417,500 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 44.7% over the period since June 2021.
- Sold Jun 2021£417,500
- Sold Sep 1999£149,000
- Sold Dec 1997£114,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 48, Two Rivers Way, Newbury have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2023, was 52, Two Rivers Way, Newbury, RG14 5TE, a freehold house which sold for £510,000.
Read more about house prices in RG14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 82 addresses on Two Rivers Way, Newbury, RG14, 48, Two Rivers Way, Newbury comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £123k more expensive than the average property across the RG14 district.
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Schools Nearby
- 300mFir Tree Primary School and Nursery
- 1.2kmSt Joseph's Catholic Primary School
- 1.5kmParsons Down Junior School
- 1.8kmTrinity School
- 2.7kmSt Bartholomew's School
- 3.4kmKennet School
More reading links
Public Transport Nearby
From 48, Two Rivers Way, Newbury, the nearest station is Newbury Racecourse, 900 metres away.
- 900mNewbury Racecourse
- 1.9kmNewbury
- 3.9kmThatcham
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 low, based on Environment Agency data.
