The Oaks, Reading
The Oaks, Reading
Description & Estimates
Public records show The Oaks, Reading to be a modern freehold house with 2,238 ft2 of internal area, sitting on a 2,389 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Oaks, Reading has an estimated sale value of £1,066,616 and an estimated rental value of £2,350 per month, assuming reasonable condition and based on the information available.
Byes Lane, Silchester, Reading, RG7 lies in the borough of Basingstoke and Deane, within the RG7 postal district.
Our Data Sources
The Oaks, Reading has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated November 2018.
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
In very good condition, we estimate The Oaks, Reading would be worth £1,119,947, with a potential rental value of £2,468 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £991,953, with a rental value of £2,186 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of The Oaks, Reading has declined by £23,900 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £44 (1.9%). The property's estimated gross yield is currently 2.6%.
Plot Size
The Oaks, Reading occupies a 2,389 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
The Oaks, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The Oaks, Reading last changed hands on 27th March 2024, selling for £1,350,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 17.3% since March 2024.
- Sold Mar 2024£1,350,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of The Oaks, Reading across the last 2 years.
Most recently, Woodstock, Byes Lane, Reading, RG7 2QB, a freehold house, sold at £651,700 on the 19th June 2019.
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
Our analysis of the public data ranks The Oaks, Reading as the 7th largest and the 7th most expensive of the 18 addresses on Byes Lane, Silchester, Reading, RG7.
Against the RG7 postcode district average, it is £527k more expensive than the typical property.
More reading links
Schools Nearby
- 1.5kmSilchester Church of England Primary School
- 2.3kmTadley Community Primary School
- 2.9kmBishopswood Junior School
- 5.3kmThe Hurst School
- 6.2kmThe Willink School
- 6.5kmEverest Community Academy
More reading links
Public Transport Nearby
Bramley (Hampshire) station is the nearest stop to The Oaks, Reading at 3.2 kilometres away.
- 3.2kmBramley (Hampshire)
- 5.5kmMortimer
- 7.0kmAldermaston
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
