According to the public record, 7, Fobney Street, Reading is a modern freehold house with 796 ft2 of internal area and sits on a 87 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fobney Street, Reading, RG1 is located within the RG1 postal district.
7, Fobney Street, Reading has a single entry in the Land Registry database from October 2017 and a single entry in the EPC database dated July 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 7 Fobney Street Reading as £403,141 and the rental value as £1,594 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 7 Fobney Street Reading has decreased by £7,973 (2.0%) and its rental value has increased by £59 per month (3.7%).
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 7, Fobney Street, Reading is in very good condition we estimate a sale value of £423,298 and rental value of £1,674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,921 and a rental value of £1,483 per month.
If you were able to purchase this property for the estimated value of £403,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,981 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, 7, Fobney Street, Reading sits on a plot of 87m2.
According to HM Land Registry, 7, Fobney Street, Reading was last sold on 17 Oct 2017 for £402,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2017, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Fobney Street, Reading within a radius of 420 metres over the last 2 years.
The most recent example is 28, Swan Place, Reading, RG1 6QD, a Freehold house which sold for £390,000 in Feb 2021.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fobney Street, Reading, RG1 has a total of 147 addresses. According to our analysis of all the public data, 7, Fobney Street, Reading is the 41st largest and the 11th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in RG1.
7, Fobney Street, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Fobney Street, Reading is Reading station which is 700 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 7, Fobney Street, Reading, 58.6% of property is privately rented and 20.7% 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 7, Fobney Street, Reading, 12.7% of residents are recorded as possessing school level qualifications and 56.9% 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 7, Fobney Street, Reading, the average age was 33.3 and the most common age was 22.
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 7, Fobney Street, Reading, 3.8% 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 7, Fobney Street, Reading, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.