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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
According to the public record, 3, Formby Close, Reading is a mid-century house with 1,517 ft2 of internal area and sits on a 377 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, Formby Close, Reading is £659,890 and the estimated rental value is £2,201 per month.
Formby Close, Earley, Reading, RG6 is located within the RG6 postal district.
3, Formby Close, Reading has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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.
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, Formby Close, Reading is in very good condition we estimate a sale value of £692,884 and a rental value of £2,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £613,698 and a rental value of £2,047 per month.
Over the last 12 months the sale value of 3 Formby Close Reading has decreased by an estimated £17,809 (2.7%) and its rental value has increased by an estimated £28 per month (1.3%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 3, Formby Close, Reading sits on a plot of 377m2.
We have plot size data on 8 out of 8 other houses in the postcode and 3, Formby Close, Reading sits on the 6th largest plot.
3, Formby Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Formby Close, Reading within a radius of 730 metres over the last 2 years.
The most recent example is 14, Melling Close, Reading, RG6 7XN, a freehold house which sold for £660,000 on the 19th December 2024.
Read more about house prices in RG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Formby Close, Earley, Reading, RG6 has a total of 8 addresses. According to our analysis of all the public data, 3, Formby Close, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in RG6.
The closest station to 3, Formby Close, Reading is Winnersh Triangle station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Formby Close, Reading, 44.2% of property is privately owned with a mortgage and 42.0% is privately owned outright.
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, Formby Close, Reading, 22.5% of residents are recorded as possessing school level qualifications and 41.7% 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, Formby Close, Reading, the average age was 38.8 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 3, Formby Close, Reading, 0.6% 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, Formby Close, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
