5, Faulkner Place
5, Faulkner Place
Description & Estimates
5, Faulkner Place, Reading is recorded publicly as a modern freehold house across 1,377 ft2 of internal area, sitting on a 406 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Faulkner Place, Reading is £620,062 and its rental estimate is £2,011 per month, given the available information and assuming reasonable condition.
Faulkner Place, Burghfield Common, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
5, Faulkner Place, Reading has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated March 2019.
We combine this information with that 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Faulkner Place, Reading, we estimate a market value of £651,065 and a rental value of £2,112 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £576,657 and £1,870 per month respectively.
Recent Market Change
Over the last year, 5, Faulkner Place, Reading has seen its estimated sale value decrease by £10,963 (1.8%) and its estimated rental value grow by £48 per month (2.4%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 5, Faulkner Place, Reading as measuring 406 m2.
That makes it the 4th largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
5, Faulkner Place, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Faulkner Place, Reading completed on 22nd March 2019 at £595,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 16.1% over the period since March 2019.
- Sold Mar 2019£595,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Faulkner Place, Reading have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2021, was 24, Honor Avenue, Reading, RG7 3BW, a freehold house which sold for £445,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Faulkner Place, Burghfield Common, Reading, RG7, 5, Faulkner Place, Reading comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £81k more expensive than the average property across the RG7 district.
More reading links
Schools Nearby
- 300mMrs Bland's Infant School
- 800mGarland Junior School
- 1.5kmSulhamstead and Ufton Nervet School
- 200mThe Willink School
- 4.6kmTheale Green School
- 6.6kmLittle Heath School
More reading links
Public Transport Nearby
From 5, Faulkner Place, Reading, the nearest station is Mortimer, 3.7 kilometres away.
- 3.7kmMortimer
- 4.2kmTheale
- 4.6kmAldermaston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
