Our Data Sources
5, Formosa Place, Reading has a single entry in the Land Registry from June 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Formosa Place, Reading, we estimate a market value of £876,949 and a rental value of £2,562 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £776,726 and £2,269 per month respectively.
Plot Size
HM Land Registry records the plot of land for 5, Formosa Place, Reading as measuring 295 m2.
That makes it the 4th largest plot in the postcode, where all 5 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Formosa Place, Reading completed on 4th June 2010 at £620,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.3% over the period since June 2010.
- Sold Jun 2010£620,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Formosa Place, Reading have sold within a radius of 2.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th October 2022, was 2, St. James Close, Reading, RG8 7AP, a freehold house which sold for £925,000.
Read more about house prices in RG8.
- Sold Oct 2022£925,000 | 4 Bed House2, St. James Close, Reading, RG8 7AP2, St. James Close, Reading, RG8 7AP
- 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.
More reading links
Location Comparison
Of the 5 addresses on Formosa Place, Pangbourne, Reading, RG8, 5, Formosa Place, Reading comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £108k more expensive than the average property across the RG8 district.
More reading links
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
The flood risk here is rated very low, based on Environment Agency data.
