According to the public record, 42, Fosters Lane, Reading is a mid-century freehold house with 947 ft2 of internal area and sits on a 285 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fosters Lane, Woodley, Reading, RG5 is located within the RG5 postal district.
42, Fosters Lane, Reading has 21 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated September 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 42 Fosters Lane Reading as £476,462 and the rental value as £1,651 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 42 Fosters Lane Reading has decreased by £5,184 (1.1%) and its rental value has increased by £52 per month (3.2%).
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 42, Fosters Lane, Reading is in very good condition we estimate a sale value of £500,285 and rental value of £1,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,110 and a rental value of £1,535 per month.
If you were able to purchase this property for the estimated value of £476,462, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,342 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, 42, Fosters Lane, Reading sits on a plot of 285m2.
We have plot size data on 20 out of 25 other houses in the postcode and 42, Fosters Lane, Reading sits on the 17th largest plot.
According to HM Land Registry, 42, Fosters Lane, Reading was last sold on 03 Dec 2021 for £437,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Fosters Lane, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 22, Wingate Road, Reading, RG5 4JU, a Freehold house which sold for £470,000 in Jun 2024.
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, 42, Fosters Lane, Reading is the 15th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in RG5.
42, Fosters Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 42, 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 42, 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 42, 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 42, 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 42, 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 42, 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.