According to the public record, 29, Wood Lane, Reading is a modern freehold house with 1,765 ft2 of internal area and sits on a 969 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wood Lane, Sonning Common, Reading, RG4 is located in the borough of South Oxfordshire within the RG4 postal district.
29, Wood Lane, Reading has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 29 Wood Lane Reading as £850,013 and the rental value as £2,289 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 29 Wood Lane Reading has decreased by £12,358 (1.5%) and its rental value has increased by £69 per month (3.0%).
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 29, Wood Lane, Reading is in very good condition we estimate a sale value of £892,514 and rental value of £2,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £790,512 and a rental value of £2,129 per month.
If you were able to purchase this property for the estimated value of £850,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,178 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 data from HM Land Registry, 29, Wood Lane, Reading sits on a plot of 969m2.
We have plot size data on 17 out of 34 other houses in the postcode and 29, Wood Lane, Reading sits on the 8th largest plot.
According to HM Land Registry, 29, Wood Lane, Reading was last sold on 11 Feb 2022 for £950,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Wood Lane, Reading within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 56B, Grove Road, Reading, RG4 9RL, a Freehold house which sold for £950,000 in Jan 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wood Lane, Sonning Common, Reading, RG4 has a total of 97 addresses. According to our analysis of all the public data, 29, Wood Lane, Reading is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £285k more expensive than the average property in RG4.
29, Wood Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 29, Wood Lane, Reading is Henley-on-Thames station which is 6.0 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 29, Wood Lane, Reading, 41.2% of property is privately owned outright and 30.5% is privately owned with a mortgage.
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 29, Wood Lane, Reading, 18.1% of residents are recorded as possessing school level qualifications and 42.7% 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 29, Wood Lane, Reading, the average age was 45.4 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 29, Wood Lane, Reading, 0.0% 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 29, Wood Lane, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.