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Shared ownership
1/11

1 bed flat for sale Elm Drive, Woodley, RG5

Offers Over
£77,000
David Cliff Estate Agents Binfield logo

Added on 17/10/2026

35% share · about £220,000 full value
Type
Flat
Bedrooms
1
Bathrooms
1
Tenure
Leasehold

About this property

SHARED OWNERSHIP £77,000 for 35% share • Your annual household income does not exceed £80,000 • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence. • You are a permanent UK resident or have indefinite right to remain.

Floorplan

Council tax

Ask agent
Per year
  • Band A
    £1,665
  • Band B
    £1,943
  • Band C
    £2,220
  • Band D
    £2,498
  • Band E
    £3,053
  • Band F
    £3,608
  • Band G
    £4,163
  • Band H
    £4,995

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Wokingham, 2026/27 bills run from £1,665 a year in band A to £4,995 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Wokingham, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Location

Elm Drive, Woodley, RG5

Mortgage and stamp duty

Property price £77,000
£39k £116k
Deposit10% £8,000
£0 £77k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £69,000 mortgage. Most lenders would want a household income of about £16,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
84, Elm Drive Flat / maisonetteMar 2026797 sq ft £386/sq ft£307,500
56, Elm Drive TerracedMay 20251,464 sq ft £342/sq ft£500,000
102, Elm Drive TerracedJan 20251,356 sq ft £387/sq ft£525,000
84, Elm Drive Flat / maisonetteOct 2022797 sq ft £389/sq ft£310,000
50, Elm Drive DetachedJun 20221,722 sq ft £415/sq ft£715,000
82, Elm Drive Flat / maisonetteJun 2021710 sq ft £345/sq ft£245,000
92, Elm Drive Semi-detachedJun 20211,464 sq ft £340/sq ft£497,500
56, Elm Drive Terraced · new buildJul 20201,464 sq ft £306/sq ft£447,450

All sales on Elm Drive → All sold prices in Reading →

Area insights

The neighbourhood around this property.

Marketed by
David Cliff Estate Agents Binfield, Wokingham
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