According to the public record, 8, Fosters Lane, Reading is a early-century freehold house with 1,280 ft2 of internal area and sits on a 410 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fosters Lane, Woodley, Reading, RG5 is located within the RG5 postal district.
8, Fosters Lane, Reading has 21 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated March 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 8 Fosters Lane Reading as £496,082 and the rental value as £1,982 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Fosters Lane Reading has decreased by £9,818 (2.0%) and its rental value has increased by £45 per month (2.3%).
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 8, Fosters Lane, Reading is in very good condition we estimate a sale value of £520,886 and rental value of £2,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,356 and a rental value of £1,843 per month.
If you were able to purchase this property for the estimated value of £496,082, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,438 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, 8, Fosters Lane, Reading sits on a plot of 410m2.
We have plot size data on 5 out of 6 other houses in the postcode and 8, Fosters Lane, Reading sits on the 3rd largest plot.
According to HM Land Registry, 8, Fosters Lane, Reading was last sold on 01 Mar 2019 for £445,750 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fosters Lane, Reading within a radius of 610 metres over the last 2 years.
The most recent example is 17, Wingate Road, Reading, RG5 4JU, a Freehold house which sold for £460,000 in Jun 2023.
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, 8, Fosters Lane, Reading is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in RG5.
8, Fosters Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 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 8, Fosters Lane, Reading is Winnersh Triangle station which is 1.6 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 8, Fosters Lane, Reading, 53.9% of property is privately owned outright and 31.5% 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 8, Fosters Lane, Reading, 13.5% of residents are recorded as possessing school level qualifications and 34.5% 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 8, 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 8, Fosters Lane, Reading, 1.5% 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 8, Fosters Lane, 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.