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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, The Forge, Reading is a period freehold house with 2,809 ft2 of internal area and sits on a 1,717 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Forge, Reading is £1,630,020 and the estimated rental value is £3,335 per month.
Darby Lane, Upper Basildon, Reading, RG8 is located within the RG8 postal district.
The Forge, Reading has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 The Forge, Reading is in very good condition we estimate a sale value of £1,711,521 and a rental value of £3,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,515,919 and a rental value of £3,101 per month.
Over the last 12 months the sale value of The Forge Reading has decreased by an estimated £37,786 (2.3%) and its rental value has increased by an estimated £61 per month (1.8%), giving an expected gross yield of 2.5%.
According to data from HM Land Registry, The Forge, Reading sits on a plot of 1717m2.
The Forge, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Ground source heat pump, underfloor, electric.
According to HM Land Registry, The Forge, Reading was last sold on 23rd September 2022 for £1,700,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Forge, Reading within a radius of 3.9 kilometres over the last 2 years.
The most recent example is Bramleys, Gardeners Lane, Reading, RG8 8NL, a freehold house which sold for £1,602,000 on the 20th September 2022.
Read more about house prices in RG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Darby Lane, Upper Basildon, Reading, RG8 has a total of 1 addresses. According to our analysis of all the public data, The Forge, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £903k more expensive than the average property in RG8.
The closest station to The Forge, Reading is Pangbourne station which is 3.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The Forge, Reading, 47.2% of property is privately owned outright and 40.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around The Forge, Reading, 16.3% of residents are recorded as possessing school level qualifications and 60.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Forge, Reading, the average age was 43.7 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around The Forge, Reading, 4.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around The Forge, Reading, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
