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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, 38, Hackney Way, Reading is a modern house with 1,001 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Hackney Way, Reading is £611,164 and the estimated rental value is £1,754 per month.
Hackney Way, Mortimer Common, Reading, RG7 is located within the RG7 postal district.
38, Hackney Way, Reading has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data 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 38, Hackney Way, Reading is in very good condition we estimate a sale value of £641,722 and a rental value of £1,842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £568,382 and a rental value of £1,631 per month.
Over the last 12 months the sale value of 38 Hackney Way Reading has decreased by an estimated £5,249 (0.9%) and its rental value has increased by an estimated £46 per month (2.6%), giving an expected gross yield of 3.4%.
38, Hackney Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Aug 2023.
The property is not connected to mains gas and has high performance glazing. 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 38, Hackney Way, Reading within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 26, Hackney Way, Reading, RG7 3WF, a freehold house which sold for £620,000 on the 4th June 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hackney Way, Mortimer Common, Reading, RG7 has a total of 28 addresses. According to our analysis of all the public data, 38, Hackney Way, Reading is the 19th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in RG7.
The closest station to 38, Hackney Way, Reading is Mortimer station which is 1.7 kilometres away.
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 38, Hackney Way, Reading, 50.9% of property is privately owned outright and 43.2% 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 38, Hackney Way, Reading, 20.0% of residents are recorded as possessing school level qualifications and 45.8% 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 38, Hackney Way, Reading, the average age was 42.7 and the most common age was 47.
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 38, Hackney Way, Reading, 0.7% 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 38, Hackney Way, 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.
