8, Miles Way
8, Miles Way
Description & Estimates
8, Miles Way, Wokingham is recorded publicly as a modern freehold house across 1,087 ft2 of internal area, sitting on a 213 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Miles Way, Wokingham is £540,452 and its rental estimate is £2,001 per month, given the available information and assuming reasonable condition.
Miles Way, Wokingham, RG41 falls within the RG41 postal district.
Our Data Sources
8, Miles Way, Wokingham has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated March 2019.
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 8, Miles Way, Wokingham, we estimate a market value of £567,475 and a rental value of £2,101 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £502,621 and £1,861 per month respectively.
Recent Market Change
Over the last year, 8, Miles Way, Wokingham has seen its estimated sale value drop by £9,920 (1.8%) and its estimated rental value rise by £40 per month (2.0%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 8, Miles Way, Wokingham as measuring 213 m2.
That makes it the 9th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
8, Miles Way, Wokingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Miles Way, Wokingham completed on 29th November 2019 at £445,000 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 15.9% over the period since November 2019.
- Sold Nov 2019£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Miles Way, Wokingham have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2024, was 7, Yalden Close, Wokingham, RG41 1AE, a freehold house which sold for £580,000.
Read more about house prices in RG41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Miles Way, Wokingham, RG41, 8, Miles Way, Wokingham comes out as the 8th largest and the 9th most expensive in our analysis of the public data.
It is also £1k more expensive than the average property across the RG41 district.
More reading links
Schools Nearby
- 200mSt Cecilia's CofE Primary School
- 500mEmmbrook Infant School
- 500mEmmbrook Junior School
- 400mThe Emmbrook School
- 800mThe Holt School
- 2.1kmSt Crispin's School
More reading links
Public Transport Nearby
From 8, Miles Way, Wokingham, the nearest station is Wokingham, 1.3 kilometres away.
- 1.3kmWokingham
- 2.3kmWinnersh
- 3.5kmWinnersh Triangle
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
