According to the public record, The Old Forge, Reading is a mid-century house with 1,980 ft2 of internal area and sits on a 87 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Eversley Road, Arborfield Cross, Reading, RG2 is located within the RG2 postal district.
The Old Forge, Reading has no records in the Land Registry database and a single entry in the EPC database dated May 2022.
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 Old Forge Reading as £651,936 and the rental value as £2,742 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of The Old Forge Reading has decreased by £10,294 (1.6%) and its rental value has increased by £69 per month (2.5%).
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 Old Forge, Reading is in very good condition we estimate a sale value of £684,533 and rental value of £2,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £606,301 and a rental value of £2,550 per month.
If you were able to purchase this property for the estimated value of £651,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,204 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 Old Forge, Reading sits on a plot of 87m2.
We have plot size data on 5 out of 8 other houses in the postcode and The Old Forge, Reading sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Forge, Reading within a radius of 157m over the last 2 years.
The most recent example is 10, Anderson Crescent, Reading, RG2 9PB, a Freehold house which sold for £615,000 in Sep 2023.
Read more about house prices in RG2.
Eversley Road, Arborfield Cross, Reading, RG2 has a total of 77 addresses. According to our analysis of all the public data, The Old Forge, Reading is the 9th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £285k more expensive than the average property in RG2.
The Old Forge, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2022.
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 The Old Forge, Reading is Winnersh station which is 4.3 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 The Old Forge, Reading, 41.4% of property is privately owned outright and 41.4% 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 The Old Forge, Reading, 24.2% of residents are recorded as possessing school level qualifications and 38.1% 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 Old Forge, Reading, the average age was 37 and the most common age was 12.
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 Old Forge, 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 The Old Forge, 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.