Welford Road, Woodley, Reading, RG5

Street Guide For Welford Road, Woodley, Reading, RG5

 

Welford Road, Woodley, Reading, RG5 Map

Estimated Price: £343,548
Average Asking Price: £368,387
Price change in last one year: £26,899
Average Price Paid: £269,745
Average Rent Rates: £1,867

 

Property Prices Breakdown in Welford Road, Woodley, Reading, RG5

Average Price for property in Welford Road, Woodley, Reading, RG5 is around £343,548 which varies based on type of property you are interested in and ranges from £375,464 for detached house to around £352,112 for semi-detached. Similarly terraced house is around £318,313. Values have been changing and have risen £2,204 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,336 in last 6 months, £26,899 in last 1 year, £48,384 in last 2 years, £55,528 in last 3 years, £52,886 in last 4 years and £54,476 in last 5 years.

Currently average asking price of a property in Welford Road, Woodley, Reading, RG5 is around £368,387 based on approximately 0 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 Welford Road, Woodley, Reading, RG5 is £343,548. Average asking price is £368,387 while average price paid is £256,237 which is up by £55,528 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 Welford Road, Woodley, Reading, RG5 area. In last 3 years alone average price buyer paid is around £256,237 based on approximately 4 sales in Welford Road, Woodley, Reading, RG5 area alone. If you compare it to last 5 years sales of 10 properties where buyers paid around £269,745. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £264,889 for 14 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 Welford Road, 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 Welford Road, Woodley, Reading, RG5 area.

Popular Houses in Welford Road, 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 Welford Road, Woodley, Reading, RG5