Formosa Place - RG8 7FY
Key Street Insights
Formosa Place is a residential street with 5 addresses.
It ranks as the 62nd largest and 231st most expensive of the 368 streets in the RG8 area.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £792,950
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £2,414pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £409/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Street Insights
Formosa Place is a residential street with 5 addresses.
It ranks as the 62nd largest and 231st most expensive of the 368 streets in the RG8 area.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £792,950
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £2,414pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £409/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertieson Formosa Place, Pangbourne, Reading, RG8
- 1 Formosa Place
4 Bed House
- 2 Formosa Place
4 Bed Modern House
- 3 Formosa Place
5 Bed House
- 4 Formosa Place
4 Bed Modern House
- 5 Formosa Place
5 Bed House
Sales Market Trends
The last sale on Formosa Place sold for £745,000 on 5th September 2025. Since then prices are down an average of 3.3%.
The current average value in the street is £792,950.
The Formosa Place Sales Market has increased by 19.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £792,950 |
| June 2025 | 2.3% | £817,705 |
| June 2024 | -2.2% | £799,513 |
| June 2023 | -0.3% | £817,282 |
| June 2022 | 9.2% | £820,105 |
| June 2021 | 5.5% | £751,252 |
| June 2020 | 1.8% | £712,208 |
| June 2019 | -1.1% | £699,695 |
| June 2018 | 2.4% | £707,788 |
| June 2017 | 4% | £691,190 |
| June 2016 | 6% | £664,814 |
| June 2015 | 8% | £627,270 |
| June 2014 | 8.3% | £580,834 |
| June 2013 | 0.4% | £536,410 |
| June 2012 | -0.9% | £534,289 |
| June 2011 | 2.2% | £539,103 |
| June 2010 | 19.6% | £527,627 |
| June 2009 | -9.4% | £441,221 |
| June 2008 | 1.5% | £486,967 |
| June 2007 | 0% | £479,781 |
Rental Market Trends
The current average rental value in the street is £2,414.
The Formosa Place Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £2,414pcm |
| June 2025 | 3.7% | £2,358pcm |
| June 2024 | 1.7% | £2,273pcm |
| June 2023 | 9.7% | £2,235pcm |
| June 2022 | 11.8% | £2,037pcm |
| June 2021 | 4.1% | £1,823pcm |
| June 2020 | -0.8% | £1,752pcm |
| June 2019 | 3.2% | £1,766pcm |
| June 2018 | 0.3% | £1,712pcm |
| June 2017 | 2.8% | £1,707pcm |
| June 2016 | 0.3% | £1,661pcm |
| June 2015 | 0.6% | £1,655pcm |
| June 2014 | 4.2% | £1,645pcm |
| June 2013 | 2.1% | £1,580pcm |
| June 2012 | 5.4% | £1,547pcm |
| June 2011 | 5.9% | £1,468pcm |
| June 2010 | 7% | £1,386pcm |
| June 2009 | -5.6% | £1,296pcm |
| June 2008 | -1% | £1,373pcm |
| June 2007 | 0% | £1,387pcm |
Sales History
The last sale was on 5th September 2025 for £745,000 and since then the market in the area has decreased by 3.3%. The street has had a total of 9 sales since 1995.
Formosa Place, Pangbourne, Reading, RG8 has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£745,000 | 4 Bed House4, Formosa Place, Reading, RG8 7FY4, Formosa Place, Reading, RG8 7FY
- Sold Sep 2022£725,000 | 4 Bed House2, Formosa Place, Reading, RG8 7FY2, Formosa Place, Reading, RG8 7FY
- Sold Oct 2021£795,000 | 4 Bed House4, Formosa Place, Reading, RG8 7FY4, Formosa Place, Reading, RG8 7FY
- Sold Jan 2017£720,000 | 4 Bed House1, Formosa Place, Reading, RG8 7FY1, Formosa Place, Reading, RG8 7FY
- Sold Jul 2016£650,000 | 4 Bed House4, Formosa Place, Reading, RG8 7FY4, Formosa Place, Reading, RG8 7FY
Top 3 Most Expensive Sales
- Sold Oct 2021£795,000 | 4 Bed House4, Formosa Place, Reading, RG8 7FY4, Formosa Place, Reading, RG8 7FY
- Sold Sep 2025£745,000 | 4 Bed House4, Formosa Place, Reading, RG8 7FY4, Formosa Place, Reading, RG8 7FY
- Sold Sep 2022£725,000 | 4 Bed House2, Formosa Place, Reading, RG8 7FY2, Formosa Place, Reading, RG8 7FY
Nearby Streets
Formosa Place, Pangbourne, Reading, RG8 is the 62nd largest and the 231st most expensive street in the RG8 area.
- Pangbourne Hill, Pangbourne, Reading, RG828 Addresses|60 m away
- Stokes View, Pangbourne, Reading, RG813 Addresses|62 m away
- Sheffield Close, Pangbourne, Reading, RG840 Addresses|140 m away
- Riverview Road, Pangbourne, Reading, RG833 Addresses|201 m away
- Breedons Hill, Pangbourne, Reading, RG825 Addresses|207 m away
- Green Lane, Pangbourne, Reading, RG826 Addresses|246 m away
Property Types
- 2 modern houses built after 1980
- 3 houses of an unknown age
- modern house (2)
- house (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (3)
Schools Nearby
- Pangbourne Primary School900 m away
- Whitchurch Primary School1.3 km away
- Long Lane Primary School2.7 km away
- Denefield School2.7 km away
- Little Heath School3.8 km away
- Theale Green School5.1 km away
More reading links
Public Transport Nearby
The closest station to Formosa Place, Pangbourne, Reading, RG8 - RG8 7FY is Pangbourne station, which is 400 metres away.
- Pangbourne|400 m away
- Tilehurst|4.4 km away
- Goring & Streatley|5.3 km away
