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Company No. 11113204
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According to the public record, 8, Farnham Drive, Reading is a mid-century leasehold apartment with 846 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Farnham Drive, Reading is £136,714 and the estimated rental value is £632 per month.
Farnham Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
8, Farnham Drive, Reading has a single entry in the Land Registry from September 2009 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 8, Farnham Drive, Reading is in very good condition we estimate a sale value of £143,549 and a rental value of £663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,144 and a rental value of £588 per month.
Over the last 12 months the sale value of 8 Farnham Drive Reading has decreased by an estimated £1,606 (1.2%) and its rental value has increased by an estimated £17 per month (2.8%), giving an expected gross yield of 5.5%.
8, Farnham Drive, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Farnham Drive, Reading was last sold on 28th September 2009 for £126,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2009, the market for similar properties has risen 146.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Farnham Drive, Reading within a radius of 930 metres over the last 2 years.
The most recent example is 22, Farnham Drive, Reading, RG4 6NY, a leasehold flat which sold for £180,000 on the 21st June 2024.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnham Drive, Caversham, Reading, RG4 has a total of 27 addresses. According to our analysis of all the public data, 8, Farnham Drive, Reading is the 19th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £424k less expensive than the average property in RG4.
The closest station to 8, Farnham Drive, Reading is Reading station which is 2.8 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 8, Farnham Drive, Reading, 44.8% of property is privately owned outright and 40.8% 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 8, Farnham Drive, Reading, 19.2% of residents are recorded as possessing school level qualifications and 31.0% 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 8, Farnham Drive, Reading, the average age was 42.9 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 8, Farnham Drive, 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 8, Farnham Drive, 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.
