According to the public record, 33, Fosters Lane, Reading is a modern Leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Fosters Lane, Woodley, Reading, RG5 is located within the RG5 postal district.
33, Fosters Lane, Reading has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated December 2017.
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 33 Fosters Lane Reading as £314,890 and the rental value as £1,273 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 33 Fosters Lane Reading has increased by £52 (0.0%) and its rental value has increased by £55 per month (4.3%).
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 33, Fosters Lane, Reading is in very good condition we estimate a sale value of £330,634 and rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,847 and a rental value of £1,184 per month.
If you were able to purchase this property for the estimated value of £314,890, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,548 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, 33, Fosters Lane, Reading was last sold on 25 May 2023 for £465,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 33, Fosters Lane, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 35, Fosters Lane, Reading, RG5 4HH, a Leasehold flat which sold for £455,000 in Jun 2022.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fosters Lane, Woodley, Reading, RG5 has a total of 79 addresses. According to our analysis of all the public data, 33, Fosters Lane, Reading is the 42nd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in RG5.
33, Fosters Lane, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 33, Fosters Lane, Reading is Earley station which is 1.5 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 33, Fosters Lane, Reading, 50.0% of property is privately owned outright and 22.3% is socially rented.
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 33, Fosters Lane, Reading, 13.2% of residents are recorded as possessing school level qualifications and 28.3% 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 33, Fosters Lane, Reading, the average age was 40.3 and the most common age was 7.
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 33, Fosters Lane, Reading, 2.6% 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 33, Fosters Lane, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.