16B, Magpie Way
16B, Magpie Way
Description & Estimates
According to the public record, 16B, Magpie Way, Reading is a modern freehold house with 1,194 ft2 of internal area and sits on a 370 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 16B, Magpie Way, Reading is £412,012 and the estimated rental value is £1,988 per month.
Magpie Way, Tilehurst, Reading, RG31 is located within the RG31 postal district.
Our Data Sources
16B, Magpie Way, Reading has 21 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 16B, Magpie Way, Reading is in very good condition we estimate a sale value of £432,613 and a rental value of £2,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,171 and a rental value of £1,849 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16B, Magpie Way, Reading has fallen by £9,575 (2.3%), while its estimated rental value has moved up by £38 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Plot Size
According to data from HM Land Registry, 16B, Magpie Way, Reading sits on a plot of 370 m2.
We have plot size data on 21 out of 21 other houses in the postcode and 16B, Magpie Way, Reading sits on the 7th largest plot.
Energy Efficiency
16B, Magpie Way, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 16B, Magpie Way, Reading was last sold on 21st September 2007 for £284,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen by 82.9%.
- Sold Sep 2007£284,950
- Sold Mar 2001£179,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16B, Magpie Way, Reading within a radius of 710 metres over the last 2 years.
The most recent example is 41, Robin Way, Reading, RG31 4SW, a freehold house which sold for £375,000 on the 29th May 2024.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Magpie Way, Tilehurst, Reading, RG31 has a total of 25 addresses. According to our analysis of all the public data, 16B, Magpie Way, Reading is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in RG31.
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Schools Nearby
- 500mSpringfield Primary School
- 600mSt Paul's Catholic Primary School
- 600mCalcot Infant School and Nursery
- 800mLittle Heath School
- 2.5kmKing's Academy Prospect
- 2.6kmTheale Green School
More reading links
Public Transport Nearby
The closest station to 16B, Magpie Way, Reading is Theale station, which is 2.2 kilometres away.
- 2.2kmTheale
- 3.1kmTilehurst
- 4.5kmReading Green Park
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
