8, Forest Road
8, Forest Road
Description & Estimates
8, Forest Road, Reading is recorded publicly as a modern freehold house across 1,915 ft2 of internal area, sitting on a 190 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Forest Road, Reading is £622,046 and its rental estimate is £2,276 per month, given the available information and assuming reasonable condition.
Forest Road, Woodley, Reading, RG5 falls within the RG5 postal district.
Our Data Sources
8, Forest Road, Reading has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 8, Forest Road, Reading, we estimate a market value of £653,148 and a rental value of £2,390 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £578,503 and £2,117 per month respectively.
Recent Market Change
Over the last year, 8, Forest Road, Reading has seen its estimated sale value fall by £18,327 (2.9%) and its estimated rental value move up by £11 per month (0.5%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 8, Forest Road, Reading as measuring 190 m2.
That makes it the 11th largest plot in the postcode, where 51 of the 63 other houses have recorded plot data.
Energy Efficiency
8, Forest Road, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Forest Road, Reading completed on 19th November 2018 at £520,000 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 16.9% over the period since November 2018.
- Sold Nov 2018£520,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Forest Road, Reading have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th March 2019, was 10, Forest Road, Reading, RG5 4BQ, a freehold house which sold for £535,000.
Read more about house prices in RG5.
- Sold Mar 2019£535,000 | 5 Bed House10, Forest Road, Reading, RG5 4BQ10, Forest Road, Reading, RG5 4BQ
- Sold Feb 2019£484,000 | 4 Bed House14, Forest Road, Reading, RG5 4BQ14, Forest Road, Reading, RG5 4BQ
- Sold Dec 2018£490,000 | 5 Bed House4, Forest Road, Reading, RG5 4BQ4, Forest Road, Reading, RG5 4BQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 76 addresses on Forest Road, Woodley, Reading, RG5, 8, Forest Road, Reading comes out as the largest and the most expensive in our analysis of the public data.
It is also £167k more expensive than the average property across the RG5 district.
More reading links
Schools Nearby
- 600mWoodley CofE Primary School
- 1.2kmWillow Bank Infant School
- 1.2kmWillow Bank Junior School
- 1.0kmWaingels
- 2.8kmThe Bulmershe School
- 3.0kmThe Forest School
More reading links
Public Transport Nearby
From 8, Forest Road, Reading, the nearest station is Twyford, 2.1 kilometres away.
- 2.1kmTwyford
- 2.6kmWinnersh Triangle
- 3.2kmWinnersh
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
