Model valuation£417,0008 Busby Close
Local market context
2 Formosa Place is a two-bedroom semi-detached house in Pangbourne, Reading, Reading (RG8 7FY). It has a recorded floor area of 157 m² (around 1690 sq ft), construction records dating it to 2007 onwards and council tax band G. The latest certificate (October 2016) shows a C (score 79), near the top of the C band. The recommended improvements would push it to B (score 88).
Across 2011–2022, sale prices on this property compounded at 1.9% per year. Last sale on file: £725,000 in August 2022. That sale was during the post-pandemic price surge, when transactions cleared materially above pre-2020 trend.
Certificate validity
Valid until 23 October 2026
Get a survey for this property
Because the property has been extended more than once, we believe a Level 3 building survey should be considered.
From £1,155 · Includes VAT
2 Formosa Place has no planning applications on record.
But the area is active
1 notable application nearby — larger schemes and conversions that could reshape the street. The report maps them all.
The latest sale landed in the post-pandemic price surge — useful context when reading the figure.
£695,000
Modelled from EPC, postcode comparables and a sale-price growth of 1.9% per year over 12 years.
£725,000
Growth on file: 1.9% per year over 12 years.
31 August 2022Most recent
£725,000
+25.0%over 11 years2 February 2011
£580,000
Median price across the last 5 sales in RG8 7FY: £720,000 (2025–2012).
Property research, connected
Explore sale histories, valuations, energy ratings and local areas. Ask the assistant to connect the details and take your research further.
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Rail-style transport is unusually close for this postcode.
Crime
52/mo
Falling year-on-year across the wider district.
Nearest stop
0.0 km
Stokes View — bus stop.
Closest school
0.9 km
Pangbourne Primary School. 5 schools nearby.
Go deeper on the local area
A Local Area report breaks down crime, transport links, schools and air quality in depth.

Daytime· 07:00 – 23:00
48.3dB

Night-time· 23:00 – 07:00
40.0dB