5, Picton Way
5, Picton Way
Description & Estimates
5, Picton Way, Reading appears in the public record as a freehold house sitting on a 752 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,683 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 5, Picton Way, Reading is £806,470 and its rental estimate is £2,134 per month, given the available information and assuming reasonable condition.
Picton Way, Caversham, Reading, RG4 falls within the RG4 postal district.
Our Data Sources
5, Picton Way, Reading has a single entry in the Land Registry from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 5, Picton Way, Reading, we estimate a market value of £846,793 and a rental value of £2,240 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £750,017 and £1,984 per month respectively.
Recent Market Change
Over the last year, 5, Picton Way, Reading has seen its estimated sale value drop by £17,662 (2.2%) and its estimated rental value rise by £41 per month (1.9%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 5, Picton Way, Reading as measuring 752 m2.
That makes it the 22nd largest plot in the postcode, where all 41 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Picton Way, Reading completed on 23rd November 2007 at £517,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 51.1% over the period since November 2007.
- Sold Nov 2007£517,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Picton Way, Reading have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st September 2023, was 21, Picton Way, Reading, RG4 8NJ, a freehold house which sold for £920,000.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 41 addresses on Picton Way, Caversham, Reading, RG4, 5, Picton Way, Reading comes out as the 18th largest and the 28th most expensive in our analysis of the public data.
It is also £246k more expensive than the average property across the RG4 district.
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Schools Nearby
- 500mCaversham Primary School
- 600mThe Hill Primary School
- 800mEmmer Green Primary School
- 800mHighdown School and Sixth Form Centre
- 1.8kmRiver Academy
- 2.7kmKendrick School
More reading links
Public Transport Nearby
From 5, Picton Way, Reading, the nearest station is Reading, 1.9 kilometres away.
- 1.9kmReading
- 2.7kmReading West
- 4.3kmTilehurst
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.
