According to the public record, 5 Western Oaks, Reading is a modern freehold house with 1,356 ft2 of internal area and sits on a 378 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Kentwood Hill, Tilehurst, Reading, RG31 is located within the RG31 postal district.
5 Western Oaks, Reading has a single entry in the Land Registry database from March 2017 and a single entry in the EPC database dated January 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 5 Western Oaks Reading as £482,124 and the rental value as £2,153 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 5 Western Oaks Reading has decreased by £14,043 (2.9%) and its rental value has increased by £65 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 5 Western Oaks, Reading is in very good condition we estimate a sale value of £506,230 and rental value of £2,261 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,375 and a rental value of £2,002 per month.
If you were able to purchase this property for the estimated value of £482,124, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,369 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, 5 Western Oaks, Reading sits on a plot of 378m2.
We have plot size data on 20 out of 25 other houses in the postcode and 5 Western Oaks, Reading sits on the 16th largest plot.
According to HM Land Registry, 5 Western Oaks, Reading was last sold on 23 Mar 2017 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Western Oaks, Reading within a radius of 720 metres over the last 2 years.
The most recent example is 215, Kentwood Hill, Reading, RG31 6JD, a Freehold house which sold for £575,000 in Apr 2023.
Read more about house prices in RG31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kentwood Hill, Tilehurst, Reading, RG31 has a total of 169 addresses. According to our analysis of all the public data, 5 Western Oaks, Reading is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in RG31.
5 Western Oaks, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2017.
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 5 Western Oaks, Reading is Tilehurst station which is 400 metres 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 5 Western Oaks, Reading, 41.3% of property is privately owned with a mortgage and 38.0% 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 5 Western Oaks, Reading, 18.2% of residents are recorded as possessing school level qualifications and 42.4% 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 5 Western Oaks, Reading, the average age was 41.7 and the most common age was 52.
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 5 Western Oaks, 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 5 Western Oaks, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.