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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
Public records show 4, Picton Way, Reading to be a mid-century freehold house with 1,496 ft2 of internal area, sitting on a 723 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Picton Way, Reading has an estimated sale value of £754,460 and an estimated rental value of £2,078 per month, assuming reasonable condition and based on the information available.
Picton Way, Caversham, Reading, RG4 lies within the RG4 postal district.
4, Picton Way, Reading has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated July 2016.
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.
In very good condition, we estimate 4, Picton Way, Reading would be worth £792,182, with a potential rental value of £2,182 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £701,647, with a rental value of £1,932 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Picton Way, Reading has declined by £16,523 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (1.9%). The property's estimated gross yield is currently 3.3%.
4, Picton Way, Reading occupies a 723 m2 plot as recorded by HM Land Registry.
All 41 other houses in this postcode have recorded plot sizes, and this one ranks as the 25th largest.
4, Picton Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
4, Picton Way, Reading last changed hands on 4th December 2017, selling for £605,000. 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 3.0% since December 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 4, Picton Way, Reading across the last 2 years.
Most recently, 22, Picton Way, Reading, RG4 8NJ, a freehold house, sold at £925,000 on the 27th August 2024.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Picton Way, Reading as the 38th largest and the 40th most expensive of the 41 addresses on Picton Way, Caversham, Reading, RG4.
Against the RG4 postcode district average, it is £194k more expensive than the typical property.
Reading station is the nearest stop to 4, Picton Way, Reading at 1.9 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4, Picton Way, Reading, 52.9% of property is privately owned outright and 40.7% 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 4, Picton Way, Reading, 20.9% of residents are recorded as possessing school level qualifications and 62.0% 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 4, Picton Way, Reading, the average age was 41 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 4, Picton Way, 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 4, Picton Way, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
