According to the public record, The Forge, Reading is a period house with 2,363 ft2 of internal area and sits on a 1,225 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Street, Aldermaston, Reading, RG7 is located within the RG7 postal district.
The Forge, Reading has no records in the Land Registry database and a single entry in the EPC database dated October 2008.
We combine this information with public data 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 The Forge Reading as £893,774 and the rental value as £2,380 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of The Forge Reading has decreased by £24,285 (2.7%) and its rental value has increased by £38 per month (1.6%).
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 The Forge, Reading is in very good condition we estimate a sale value of £938,463 and rental value of £2,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £831,210 and a rental value of £2,213 per month.
If you were able to purchase this property for the estimated value of £893,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,393 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, The Forge, Reading sits on a plot of 1225m2.
We have plot size data on 12 out of 20 other houses in the postcode and The Forge, Reading sits on the 3rd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Forge, Reading within a radius of 2.8 kilometres over the last 2 years.
The most recent example is The Pottery, The Street, Reading, RG7 4LW, a Freehold house which sold for £920,000 in Jun 2023.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Street, Aldermaston, Reading, RG7 has a total of 39 addresses. According to our analysis of all the public data, The Forge, Reading is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £369k more expensive than the average property in RG7.
The Forge, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Oct 2008.
The property is not connected to mains gas and has full secondary glazing. It is heated using an oil fired boiler and radiators.
The closest station to The Forge, Reading is Midgham station which is 2.3 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 The Forge, Reading, 32.6% of property is privately owned with a mortgage and 31.0% 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 The Forge, Reading, 13.3% of residents are recorded as possessing school level qualifications and 36.7% 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 The Forge, Reading, the average age was 42 and the most common age was 17.
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 The Forge, Reading, 0.5% 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 The Forge, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.