According to the public record, Fernwood House, Reading is a mid-century freehold house with 3,186 ft2 of internal area and sits on a 9,172 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Goring Heath, Reading, RG8 is located in the borough of South Oxfordshire within the RG8 postal district.
Fernwood House, Reading has a single entry in the Land Registry database from June 2023 and a single entry in the EPC database dated October 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 Fernwood House Reading as £1,913,075 and the rental value as £3,990 per month giving an expected gross yield of 2.5%.
Over the last 12 months the sale value of Fernwood House Reading has decreased by £44,741 (2.3%) and its rental value has increased by £122 per month (3.1%).
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 Fernwood House, Reading is in very good condition we estimate a sale value of £2,008,728 and rental value of £4,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,779,159 and a rental value of £3,711 per month.
If you were able to purchase this property for the estimated value of £1,913,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,402 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, Fernwood House, Reading sits on a plot of 9172m2.
We have plot size data on 3 out of 3 other houses in the postcode and Fernwood House, Reading sits on the 2nd largest plot.
According to HM Land Registry, Fernwood House, Reading was last sold on 22 Jun 2023 for £1,950,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2023, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fernwood House, Reading within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Copse House, Reading, RG8 7SA, a Freehold house which sold for £1,700,000 in Feb 2023.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goring Heath, Reading, RG8 has a total of 60 addresses. According to our analysis of all the public data, Fernwood House, Reading is the 6th largest and the most expensive property on the street.
When compared to the postcode district it is £1.196m more expensive than the average property in RG8.
Fernwood House, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Ground source heat pump, underfloor, electric.
The closest station to Fernwood House, Reading is Goring & Streatley station which is 3.9 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 Fernwood House, Reading, 41.7% of property is privately owned outright and 29.9% 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 Fernwood House, Reading, 17.9% of residents are recorded as possessing school level qualifications and 38.3% 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 Fernwood House, Reading, the average age was 45.3 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 Fernwood House, Reading, 0.3% 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 Fernwood House, 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.