According to the public record, Oaklands, Reading is a modern freehold house with 1,862 ft2 of internal area and sits on a 635 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Basingstoke Road, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
Oaklands, Reading has 2 entries in the Land Registry database, most recently in April 2016 and a single entry in the EPC database dated December 2015.
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 Oaklands Reading as £672,862 and the rental value as £2,288 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Oaklands Reading has decreased by £15,387 (2.3%) and its rental value has increased by £65 per month (2.8%).
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 Oaklands, Reading is in very good condition we estimate a sale value of £706,505 and rental value of £2,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,761 and a rental value of £2,128 per month.
If you were able to purchase this property for the estimated value of £672,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,307 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, Oaklands, Reading sits on a plot of 635m2.
We have plot size data on 24 out of 29 other houses in the postcode and Oaklands, Reading sits on the 9th largest plot.
According to HM Land Registry, Oaklands, Reading was last sold on 12 Apr 2016 for £685,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2016, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oaklands, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 1, Allfrey Grove, Reading, RG7 1FH, a Freehold house which sold for £550,000 in Nov 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basingstoke Road, Spencers Wood, Reading, RG7 has a total of 151 addresses. According to our analysis of all the public data, Oaklands, Reading is the 30th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in RG7.
Oaklands, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2015.
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 Oaklands, Reading is Reading Green Park station which is 4.5 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 Oaklands, Reading, 53.5% of property is privately owned with a mortgage and 28.7% 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 Oaklands, Reading, 20.8% of residents are recorded as possessing school level qualifications and 58.7% 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 Oaklands, Reading, the average age was 37.6 and the most common age was 32.
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 Oaklands, 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 Oaklands, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.