9, Oak Drive
9, Oak Drive
Description & Estimates
9, Oak Drive, Reading is recorded publicly as a modern freehold house across 1,453 ft2 of internal area, sitting on a 358 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 9, Oak Drive, Reading is £615,165 and its rental estimate is £2,481 per month, given the available information and assuming reasonable condition.
Oak Drive, Arborfield Green, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
9, Oak Drive, Reading has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated October 2017.
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 9, Oak Drive, Reading, we estimate a market value of £645,923 and a rental value of £2,605 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £572,103 and £2,307 per month respectively.
Recent Market Change
Over the last year, 9, Oak Drive, Reading has seen its estimated sale value move down by £16,510 (2.7%) and its estimated rental value increase by £58 per month (2.3%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 9, Oak Drive, Reading as measuring 358 m2.
That makes it the largest plot in the postcode, where 18 of the 25 other houses have recorded plot data.
Energy Efficiency
9, Oak Drive, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Oct 2017.
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 9, Oak Drive, Reading completed on 31st October 2017 at £610,000 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 dropped by 3.6% over the period since October 2017.
- Sold Oct 2017£610,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Oak Drive, Reading have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 12, Shelduck Drive, Reading, RG2 9WX, a freehold house which sold for £660,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 49 addresses on Oak Drive, Arborfield Green, Reading, RG2, 9, Oak Drive, Reading comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £242k more expensive than the average property across the RG2 district.
More reading links
Schools Nearby
- 1.7kmThe Coombes Church of England Primary School
- 1.9kmGorse Ride Junior School
- 2.1kmGorse Ride Infants' School
- 800mBohunt School Wokingham
- 4.6kmThe Holt School
- 4.7kmThe Emmbrook School
More reading links
Public Transport Nearby
From 9, Oak Drive, Reading, the nearest station is Wokingham, 4.2 kilometres away.
- 4.2kmWokingham
- 5.0kmWinnersh
- 5.2kmCrowthorne
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
