Our Data Sources
3, Formosa Place, Reading has a single entry in the Land Registry from March 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Formosa Place, Reading is in very good condition we estimate a sale value of £927,265 and a rental value of £2,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £821,292 and a rental value of £2,327 per month.
Plot Size
According to data from HM Land Registry, 3, Formosa Place, Reading sits on a plot of 365 m2.
We have plot size data on 5 out of 5 other houses in the postcode and 3, Formosa Place, Reading sits on the 2nd largest plot.
Sold Prices
According to HM Land Registry, 3, Formosa Place, Reading was last sold on 26th March 2010 for £640,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen by 24.0%.
- Sold Mar 2010£640,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Formosa Place, Reading within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 18, Sheffield Close, Reading, RG8 7GD, a freehold house which sold for £900,000 on the 30th September 2019.
Read more about house prices in RG8.
- Sold Sep 2019£900,000 | 4 Bed House18, Sheffield Close, Reading, RG8 7GD18, Sheffield Close, Reading, RG8 7GD
- Sold Aug 2019£900,000 | 4 Bed House17, Sheffield Close, Reading, RG8 7GD17, Sheffield Close, Reading, RG8 7GD
- Sold Jan 2017£720,000 | 4 Bed House1, Formosa Place, Reading, RG8 7FY1, Formosa Place, Reading, RG8 7FY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Formosa Place, Pangbourne, Reading, RG8 has a total of 5 addresses. According to our analysis of all the public data, 3, Formosa Place, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £156k more expensive than the average property in RG8.
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Schools Nearby
- 900mPangbourne Primary School
- 1.3kmWhitchurch Primary School
- 2.7kmLong Lane Primary School
- 2.7kmDenefield School
- 3.8kmLittle Heath School
- 5.1kmTheale Green School
More reading links
Public Transport Nearby
- 400mPangbourne
- 4.4kmTilehurst
- 5.3kmGoring & Streatley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
