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According to the public record, 3, Falcon Avenue, Reading is a mid-century freehold house with 1,280 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Falcon Avenue, Reading is £435,878 and the estimated rental value is £2,134 per month.
Falcon Avenue, Reading, RG2 is located within the RG2 postal district.
3, Falcon Avenue, Reading has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 3, Falcon Avenue, Reading is in very good condition we estimate a sale value of £457,672 and a rental value of £2,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,366 and a rental value of £1,985 per month.
Over the last 12 months the sale value of 3 Falcon Avenue Reading has decreased by an estimated £11,698 (2.7%) and its rental value has increased by an estimated £50 per month (2.3%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 3, Falcon Avenue, Reading sits on a plot of 262m2.
We have plot size data on 23 out of 33 other houses in the postcode and 3, Falcon Avenue, Reading sits on the 22nd largest plot.
3, Falcon Avenue, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Falcon Avenue, Reading was last sold on 19th March 2021 for £390,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has risen 8.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Falcon Avenue, Reading within a radius of 600 metres over the last 2 years.
The most recent example is 23, Devitt Close, Reading, RG2 8EF, a freehold house which sold for £425,000 on the 21st March 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Avenue, Reading, RG2 has a total of 38 addresses. According to our analysis of all the public data, 3, Falcon Avenue, Reading is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in RG2.
The closest station to 3, Falcon Avenue, Reading is Earley station which is 2.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Falcon Avenue, Reading, 46.2% of property is socially rented and 22.7% is privately owned with a mortgage.
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 3, Falcon Avenue, Reading, 23.4% of residents are recorded as possessing school level qualifications and 18.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Falcon Avenue, Reading, the average age was 37.1 and the most common age was 42.
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 3, Falcon Avenue, 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 3, Falcon Avenue, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
