Bound Oak, Reading
Bound Oak, Reading
Description & Estimates
Bound Oak, Reading appears in the public record as a freehold house sitting on a 7,819 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 2,358 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Bound Oak, Reading is £1,771,403 and its rental estimate is £3,886 per month, given the available information and assuming reasonable condition.
Part Lane, Swallowfield, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
Bound Oak, Reading has a single entry in the Land Registry from November 2009 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 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 Bound Oak, Reading, we estimate a market value of £1,859,973 and a rental value of £4,081 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,647,405 and £3,614 per month respectively.
Recent Market Change
Over the last year, Bound Oak, Reading has seen its estimated sale value fall by £39,692 (2.2%) and its estimated rental value move up by £72 per month (1.9%). This results in an estimated gross rental yield of 2.6%.
Plot Size
HM Land Registry records the plot of land for Bound Oak, Reading as measuring 7,819 m2.
That makes it the 3rd largest plot in the postcode, where 8 of the 9 other houses have recorded plot data.
Sold Prices
The most recent sale of Bound Oak, Reading completed on 27th November 2009 at £1,050,000 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 51.2% over the period since November 2009.
- Sold Nov 2009£1,050,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Bound Oak, Reading have sold within a radius of 3.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was Yewtree Farm, Part Lane, Reading, RG7 1TB, a freehold house which sold for £1,850,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Part Lane, Swallowfield, Reading, RG7, Bound Oak, Reading comes out as the 4th largest and the 3rd most expensive in our analysis of the public data.
It is also £1.232m more expensive than the average property across the RG7 district.
More reading links
Schools Nearby
- 2.2kmLambs Lane Primary School
- 2.7kmFarley Hill Primary School
- 3.5kmShinfield St Mary's CofE Junior School
- 3.5kmOakbank School
- 4.3kmBohunt School Wokingham
- 6.0kmHartland High School
More reading links
Public Transport Nearby
From Bound Oak, Reading, the nearest station is Mortimer, 5.6 kilometres away.
- 5.6kmMortimer
- 6.9kmReading Green Park
- 8.1kmEarley
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.
