Redwood Avenue, Woodley, Reading, RG5

Street Guide For Redwood Avenue, Woodley, Reading, RG5

 

Redwood Avenue, Woodley, Reading, RG5 Map

Estimated Price: £343,109
Average Asking Price: £368,387
Price change in last one year: £27,742
Average Price Paid: £275,750
Average Rent Rates: £1,867

 

Property Prices Breakdown in Redwood Avenue, Woodley, Reading, RG5

Average Price for property in Redwood Avenue, Woodley, Reading, RG5 is around £343,109 which varies based on type of property you are interested in and ranges from £439,208 for detached house to around £329,762 for semi-detached. Values have been changing and have risen £2,272 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,534 in last 6 months, £27,742 in last 1 year, £49,901 in last 2 years, £57,268 in last 3 years, £54,541 in last 4 years and £56,180 in last 5 years.

Currently average asking price of a property in Redwood Avenue, Woodley, Reading, RG5 is around £368,387 based on approximately 2 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £1,867 per month.

Estimated property value in Redwood Avenue, Woodley, Reading, RG5 is £343,109. Average asking price is £368,387 while average price paid is £314,250 which is up by £27,742 and Avg. asking rent £1,867.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Redwood Avenue, Woodley, Reading, RG5 area. In last 1 year alone average price buyer paid is around £314,250 based on approximately 2 sales in Redwood Avenue, Woodley, Reading, RG5 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £287,392. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £275,750 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £277,042 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £292,462, £359,136 for a 3 bedroom house, £506,979 for a 4 bedroom house and £375,950 for a 5 bedroom house. For a flat similarly the prices varies from £102,000 for a single bedroom to £179,150 for a 2 bedroom Flat. To sum up the asking prices for properties in Redwood Avenue, Woodley, Reading, RG5 it comes to around average £102,000 for 1 bedroom property, £243,900 for 2 bedroom, £359,136 for 3 bedroom, £506,979 for 4 bedroom and £375,950 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £299 for 1 bedroom to £1,313 for 2 bedroom, £1,248 for 3 bedroom and £1,623 for 4 bedroom. You should be generally be expecting around average £299 rent per month for single bedroom property, £1,313 for 2 bedroom, £1,248 for 3 bedroom and approximately £1,623 for 4 bedroom property in Redwood Avenue, Woodley, Reading, RG5 area.

Popular Houses in Redwood Avenue, Woodley, Reading, RG5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Redwood Avenue, Woodley, Reading, RG5