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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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According to the public record, 40, Hexham Road, Reading is a mid-century apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Hexham Road, Reading is £189,407 and the estimated rental value is £1,133 per month.
Hexham Road, Reading, RG2 is located within the RG2 postal district.
40, Hexham Road, Reading has no records in the the Land Registry and a single entry in the EPC database dated July 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 40, Hexham Road, Reading is in very good condition we estimate a sale value of £198,878 and a rental value of £1,190 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,149 and a rental value of £1,054 per month.
Over the last 12 months the sale value of 40 Hexham Road Reading has decreased by an estimated £841 (0.4%) and its rental value has increased by an estimated £50 per month (4.4%), giving an expected gross yield of 7.2%.
40, Hexham Road, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2016.
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 40, Hexham Road, Reading within a radius of 510 metres over the last 2 years.
The most recent example is Flat 5, 14, Newcastle Road, Reading, RG2 7TR, a leasehold flat which sold for £180,000 on the 15th November 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hexham Road, Reading, RG2 has a total of 131 addresses. According to our analysis of all the public data, 40, Hexham Road, Reading is the 124th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in RG2.
The closest station to 40, Hexham Road, Reading is Reading station which is 2.4 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Hexham Road, Reading, 80.0% of property is socially rented and 7.8% 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 40, Hexham Road, Reading, 31.1% of residents are recorded as possessing school level qualifications and 25.1% 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 40, Hexham Road, Reading, the average age was 32.4 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 40, Hexham Road, 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 40, Hexham Road, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
