8, South Drive
8, South Drive
Description & Estimates
8, South Drive, Reading is recorded publicly as a mid-century freehold house across 3,326 ft2 of internal area, sitting on a 2,129 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, South Drive, Reading is £1,380,278 and its rental estimate is £2,824 per month, given the available information and assuming reasonable condition.
South Drive, Sonning, Reading, RG4 falls within the RG4 postal district.
Our Data Sources
8, South Drive, Reading has 31 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 8, South Drive, Reading, we estimate a market value of £1,449,292 and a rental value of £2,965 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,283,659 and £2,626 per month respectively.
Recent Market Change
Over the last year, 8, South Drive, Reading has seen its estimated sale value decline by £39,561 (2.9%) and its estimated rental value climb by £38 per month (1.3%). This results in an estimated gross rental yield of 2.5%.
Plot Size
HM Land Registry records the plot of land for 8, South Drive, Reading as measuring 2,129 m2.
That makes it the 2nd largest plot in the postcode, where all 17 other houses have recorded plot data.
Energy Efficiency
8, South Drive, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, South Drive, Reading completed on 11th November 2022 at £1,510,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 29.1% over the period since November 2022.
- Sold Nov 2022£1,510,000
- Sold Apr 2015£960,000
- Sold Nov 1999£375,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, South Drive, Reading have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2021, was 16, Old Bath Road, Reading, RG4 6TA, a freehold house which sold for £1,100,000.
Read more about house prices in RG4.
- Sold Sep 2021£1,100,000 | 5 Bed House16, Old Bath Road, Reading, RG4 6TA16, Old Bath Road, Reading, RG4 6TA
- Sold Aug 2017£1,500,000 | 5 Bed HouseMay Tree House, Sonning Lane, Reading, RG4 6STMay Tree House, Sonning Lane, Reading, RG4 6ST
- Sold Jan 2011£585,000 | 5 Bed House6, South Drive, Reading, RG4 6GB6, South Drive, Reading, RG4 6GB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on South Drive, Sonning, Reading, RG4, 8, South Drive, Reading comes out as the 6th largest and the 3rd most expensive in our analysis of the public data.
It is also £820k more expensive than the average property across the RG4 district.
More reading links
Schools Nearby
- 800mSt Dominic Savio Catholic Primary School
- 900mSonning Church of England Primary School
- 1.3kmHighwood Primary School
- 900mThe Bulmershe School
- 1.9kmWaingels
- 2.3kmMaiden Erlegh School in Reading
More reading links
Public Transport Nearby
From 8, South Drive, Reading, the nearest station is Earley, 2.4 kilometres away.
- 2.4kmEarley
- 3.4kmWinnersh Triangle
- 3.8kmReading
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
