Sold STC End of terrace

38 MILWARD GARDENS

BRACKNELL, BINFIELD, BRACKNELL FOREST RG12 8FH

2 beds 1 baths 474 sq ft Listed 25 Sep 2024 (-663d)

£280,000

Offers Over

Reduced on 4 Oct 2024

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Property details

Tenure

FREEHOLD

Floor area

44 m²

Council tax band

TBC

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£290,000 Mar 2025

Price per m²

£6,364/m²

Local average

£376,313 (-25.6%)

Street crime

68 incidents within 1 mile (May 2026)

Key features

  • Two bedroom house
  • Freehold
  • Binfield location
  • Off road parking for two cars
  • Recently frefurbished
  • Private garden

Additional details

Parking
Yes
Garden
Yes

Description

An immaculately presented two bedroom freehold house located in an incredibly sought after quiet cul-de-sac within Binfield. This property would be ideal for a first time buyer, downsizer or investor.

To the front of the property there is off-road parking for multiple vehicles, there is also a front garden which has been fenced which allows for extra privacy. Being located in an excellent position it captures natural sunlight throughout the day and late into the evening; a particularly enjoyable place to sit on a long summer’s night.

As you enter the front door you are greeted with an entrance hall perfect for hanging coats, this leads to the reception room which is filled with natural light. The recently modernised kitchen has been thoughtfully designed to allow for maximum cupboard and worktop space.

Leading upstairs you have two bedrooms with the main bedroom benefiting from built in wardrobes. Both bedrooms are served by a modern bathroom which has a walk in shower.

The property is situated near lovely countryside walks and parks. Well-regarded schools including Kings Academy are walking distance away as well as in the catchment area for Ranelagh. There are many independent school options a short drive away, Lambrook, LVS and Heathfield to name just a few.

Listed by

Bracknell

Hat and Home Ltd

Reference: 152971607

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 14/10/2024

Expiry date: 13/10/2034

Est. upgrade cost to C: £9,500

Recommendations

  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #2165075

Property Details

Street: 38 Milward Gardens

Town: Binfield

Postcode: RG12 8FH

Installation Details

Items: 5 windows

Certificate Issued: 26/10/2004

Work Completed: 02/10/2004

This certificate data was retrieved from FENSA's database

FENSA Certificate #17102380 Recent

Property Details

Street: 38 Milward Gardens

Town: Binfield

Postcode: RG12 8FH

Installation Details

Items: 1 window

Certificate Issued: 21/12/2025

Work Completed: 02/12/2025

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

126% since 2003

Event Date Price % change
Sold 07/03/2025 (1 year ago) £290,000 +42.2%
Sold 02/10/2015 (10 years ago) £204,000 +22.2%
Sold 17/01/2014 (12 years ago) £167,000 +30%
Sold 21/02/2003 (23 years ago) £128,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
Same street 34 MILWARD GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8FH £250,827 18/12/2025 Semi-detached
Same street 11 MILWARD GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8FH £315,000 29/08/2025 Terraced
24 BRYAN GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG42 4JQ £194,000 14/03/2025 Terraced
Same street 6 MILWARD GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8FH £267,000 19/02/2024 Semi-detached
FAIRVIEW 1 BEEHIVE ROAD, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8TS £385,000 20/10/2023 Terraced
Same street 37 MILWARD GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8FH £295,000 31/08/2023 Terraced
Same street 40 MILWARD GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8FH £319,950 23/09/2022 Semi-detached
Same street 16 MILWARD GARDENS, BINFIELD, BRACKNELL, BRACKNELL FOREST, RG12 8FH £370,000 30/06/2022 Terraced

Street average: £302,963 (6 sales)

Area average: £289,500 (2 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 17.6%
10y growth 22.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Bracknell Forest. Series: Terraced. As of April 2026.

1y (index) 1.6%
5y (index) 15.2%
10y (index) 20.1%

Rental Range

Estimated market rent for Bracknell Forest. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,341/mo
Realistic £1,490/mo
Optimistic £1,639/mo

Based on Local Authority from postcode lookup → Bracknell Forest.

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Jemca Bracknell 0.1 miles
Bus stop Unknown 0.1 miles
Shop Budgens 0.1 miles
Bus stop Travelodge 0.1 miles
Train station Bracknell 1.5 miles
Train station Wokingham 2.5 miles
Hospital Wokingham Hospital 2.6 miles
Hospital Broadmoor Hospital 3.3 miles
University Dreadnought, University of Reading 7.4 miles
University University of Reading, London Road Campus 7.9 miles

Street-level crime

Category Count
Violence and sexual offences 23
Anti-social behaviour 13
Other theft 9
Criminal damage and arson 8
Vehicle crime 5
Public order 4
Drugs 2
Robbery 2
Burglary 1
Shoplifting 1
Total incidents 68

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
King's Academy Oakwood Primary 0.4 miles Outstanding — 10 Dec 2023
Newbold School Other 0.5 miles Outstanding — 15 Jan 2024
Odyssey House School Other 0.6 miles Good — 16 Jan 2020
King's Academy Binfield Other 0.6 miles Good — 8 Dec 2022
Cressex Lodge School Other 0.8 miles Good — 4 Oct 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Webster Close, RG12 £1,460/mo 2 0.47 miles OpenRent
2 Bed Flat, Webster Close, RG12 £1,550/mo 2 0.47 miles OpenRent
2 Bed Maisonette, Broadlands Court, RG42 £1,450/mo 2 0.58 miles OpenRent
2 Bed Maisonette, Broadlands Court, RG42 £1,500/mo 2 0.58 miles OpenRent
2 Bed Detached House, Broadlands Court, RG42 £4,000/mo 2 0.58 miles OpenRent
2 Bed Flat, Underwood Court, RG42 £1,450/mo 2 0.7 miles OpenRent
2 Bed Flat, Pollardrow Avenue, RG42 £1,600/mo 2 0.71 miles OpenRent

Average rent: £1,859/mo (7 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.54%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 6.4%
Cost-to-rent ratio 15.6×
Monthly cashflow £222/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 3.3%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).