Flat 2, Fair Oak
Flat 2, Fair Oak
Description & Estimates
According to the public record, Flat 2, Fair Oak, Reading is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Fair Oak, Reading is £242,652 and the estimated rental value is £1,213 per month.
The apartment is within Fair Oak, Fircroft Close, Tilehurst, Reading, RG31.
Fircroft Close, Tilehurst, Reading, RG31 is located within the RG31 postal district.
Our Data Sources
Flat 2, Fair Oak, Reading has 2 entries in the Land Registry , most recently in April 2009 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Fair Oak, Reading is in very good condition we estimate a sale value of £254,785 and a rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,666 and a rental value of £1,128 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Fair Oak, Reading has declined by £5,511 (2.3%), while its estimated rental value has climbed by £32 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 2, Fair Oak, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, Fair Oak, Reading was last sold on 3rd April 2009 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2009, the market for similar properties has risen by 60.9%.
- Sold Apr 2009£125,000
- Sold May 2007£185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Fair Oak, Reading within a radius of 570 metres over the last 2 years.
The most recent example is Flat 2, Armour Lodge 92, Armour Road, Reading, RG31 6HE, a leasehold flat which sold for £250,000 on the 20th September 2024.
Read more about house prices in RG31.
- Sold Sep 2024£250,000 | 2 Bed FlatArmour Lodge 92, Armour RoadFlat 2, Armour Lodge 92, Armour Road, Reading, RG31 6HE
- Sold Mar 2023£258,000 | 2 Bed FlatFair Oak, Fircroft CloseFlat 3, Fair Oak, Fircroft Close, Reading, RG31 6LQ
- Sold Jul 2017£235,000 | 2 Bed FlatFair Oak, Fircroft CloseFlat 5, Fair Oak, Fircroft Close, Reading, RG31 6LQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Fircroft Close, Tilehurst, Reading, RG31 has a total of 65 addresses. According to our analysis of all the public data, Flat 2, Fair Oak, Reading is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in RG31.
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Schools Nearby
- 800mPark Lane Primary School
- 900mDownsway Primary School
- 900mBirch Copse Primary School
- 1.1kmDenefield School
- 1.4kmLittle Heath School
- 2.6kmKing's Academy Prospect
More reading links
Public Transport Nearby
The closest station to Flat 2, Fair Oak, Reading is Tilehurst station, which is 1.3 kilometres away.
- 1.3kmTilehurst
- 3.9kmReading West
- 4.0kmPangbourne
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
