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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
7, Faygate Way, Reading is recorded publicly as a modern leasehold apartment across 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 7, Faygate Way, Reading is £125,921 and its rental estimate is £692 per month, given the available information and assuming reasonable condition.
Faygate Way, Lower Earley, Reading, RG6 falls within the RG6 postal district.
7, Faygate Way, Reading has 21 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated October 2017.
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.
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 7, Faygate Way, Reading, we estimate a market value of £132,217 and a rental value of £727 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £117,107 and £644 per month respectively.
Over the last year, 7, Faygate Way, Reading has seen its estimated sale value decrease by £883 (0.7%) and its estimated rental value grow by £25 per month (3.6%). This results in an estimated gross rental yield of 6.6%.
7, Faygate Way, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 7, Faygate Way, Reading completed on 8th February 2019 at £132,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 0.6% over the period since February 2019.
Over the past 2 years 3 properties similar to 7, Faygate Way, Reading have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2025, was 17, Watersfield Close, Reading, RG6 4DF, a leasehold flat which sold for £130,000.
Read more about house prices in RG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 73 addresses on Faygate Way, Lower Earley, Reading, RG6, 7, Faygate Way, Reading comes out as the 71st largest and the 71st most expensive in our analysis of the public data.
It is also £350k less expensive than the average property across the RG6 district.
From 7, Faygate Way, Reading, the nearest station is Earley, 1.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, Faygate Way, Reading, 39.8% of property is privately rented and 34.2% 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 7, Faygate Way, Reading, 16.4% of residents are recorded as possessing school level qualifications and 44.6% 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 7, Faygate Way, Reading, the average age was 38 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 7, Faygate Way, 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 7, Faygate Way, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
