According to the public record, 8, Mars Close, Wokingham is a mid-century freehold house and with 807 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mars Close, Wokingham, RG41 is located within the RG41 postal district.
8, Mars Close, Wokingham has 2 entries in the Land Registry database, most recently in September 2014 and 2 entries in the EPC database, most recently in March 2014.
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 Mars Close Wokingham as £396,433 and the rental value as £1,696 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Mars Close Wokingham has increased by £8,257 (2.1%) and its rental value has increased by £87 per month (5.2%).
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 8, Mars Close, Wokingham is in very good condition we estimate a sale value of £416,254 and rental value of £1,781 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,682 and a rental value of £1,577 per month.
If you were able to purchase this property for the estimated value of £396,433, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,948 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, Mars Close, Wokingham sits on a plot of 220m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, Mars Close, Wokingham sits on the 3rd largest plot.
According to HM Land Registry, 8, Mars Close, Wokingham was last sold on 11 Sep 2014 for £307,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 38.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mars Close, Wokingham within a radius of 189m over the last 2 years.
The most recent example is 35, Linnet Walk, Wokingham, RG41 3HE, a Freehold house which sold for £418,000 in Aug 2023.
Read more about house prices in RG41.
Mars Close, Wokingham, RG41 has a total of 10 addresses. According to our analysis of all the public data, 8, Mars Close, Wokingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in RG41.
8, Mars Close, Wokingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2014.
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, Mars Close, Wokingham is Wokingham station which is 1.1 km 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, Mars Close, Wokingham, 37.4% of property is privately owned outright and 27.3% 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, Mars Close, Wokingham, 22.1% of residents are recorded as possessing school level qualifications and 36.9% 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 8, Mars Close, Wokingham, the average age was 41.7 and the most common age was 47.
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, Mars Close, Wokingham, 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 8, Mars Close, Wokingham, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.