According to the public record, 15, Forndon Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 828 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Forndon Close, Lower Earley, Reading, RG6 is located within the RG6 postal district.
15, Forndon Close, Reading has 41 entries in the Land Registry database, most recently in August 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Forndon Close Reading as £414,609 and the rental value as £1,697 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 15 Forndon Close Reading has decreased by £2,542 (0.6%) and its rental value has increased by £71 per month (4.2%).
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 15, Forndon Close, Reading is in very good condition we estimate a sale value of £435,340 and rental value of £1,781 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,586 and a rental value of £1,578 per month.
If you were able to purchase this property for the estimated value of £414,609, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,038 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 15, Forndon Close, Reading was last sold on 24 Aug 2006 for £195,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Forndon Close, Reading within a radius of 700 metres over the last 2 years.
The most recent example is 14, Easington Drive, Reading, RG6 3XN, a Freehold house which sold for £450,000 in Jul 2024.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forndon Close, Lower Earley, Reading, RG6 has a total of 16 addresses. According to our analysis of all the public data, 15, Forndon Close, Reading is the 13th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in RG6.
The closest station to 15, Forndon Close, Reading is Winnersh Triangle station which is 1.3 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 15, Forndon Close, Reading, 41.8% of property is privately owned with a mortgage and 40.9% is privately owned outright.
The graph below shows how this compares to Greater London 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 15, Forndon Close, Reading, 24.5% of residents are recorded as possessing school level qualifications and 47.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Forndon Close, Reading, the average age was 38 and the most common age was 42.
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 15, Forndon Close, Reading, 0.7% 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 15, Forndon Close, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.