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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 2, Faulkner Place, Reading to be a modern freehold house with 1,614 ft2 of internal area, sitting on a 411 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Faulkner Place, Reading has an estimated sale value of £683,593 and an estimated rental value of £2,097 per month, assuming reasonable condition and based on the information available.
Faulkner Place, Burghfield Common, Reading, RG7 lies within the RG7 postal district.
2, Faulkner Place, Reading has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 2, Faulkner Place, Reading would be worth £717,772, with a potential rental value of £2,202 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £635,741, with a rental value of £1,951 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Faulkner Place, Reading has dropped by £12,087 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £50 (2.4%). The property's estimated gross yield is currently 3.7%.
2, Faulkner Place, Reading occupies a 411 m2 plot as recorded by HM Land Registry.
All 7 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
2, Faulkner Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
2, Faulkner Place, Reading last changed hands on 31st March 2021, selling for £604,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 9.2% since March 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 2, Faulkner Place, Reading across the last 2 years.
Most recently, 4, Faulkner Place, Reading, RG7 3FE, a freehold house, sold at £615,000 on the 28th May 2021.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Faulkner Place, Reading as the 3rd largest and the 3rd most expensive of the 7 addresses on Faulkner Place, Burghfield Common, Reading, RG7.
Against the RG7 postcode district average, it is £144k more expensive than the typical property.
Mortimer station is the nearest stop to 2, Faulkner Place, Reading at 3.7 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Faulkner Place, Reading, % of property is and % is .
The graph below shows how this compares to South East 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 2, Faulkner Place, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Faulkner Place, 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 2, Faulkner Place, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
