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According to the public record, Flat 1, 44, Falcon Avenue, Reading is a mid-century Leasehold apartment with 775 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 Flat 1, 44, Falcon Avenue, Reading is £405,372 and the estimated rental value is £1,789 per month.
The apartment is within 44, Falcon Avenue, Reading, RG2.
Falcon Avenue, Reading, RG2 is located within the RG2 postal district.
Flat 1, 44, Falcon Avenue, Reading has 21 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated January 2023.
We combine this information with that 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 Flat 1, 44, Falcon Avenue, Reading is in very good condition we estimate a sale value of £425,641 and a rental value of £1,878 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,996 and a rental value of £1,664 per month.
Over the last 12 months the sale value of Flat 1 44 Falcon Avenue Reading has decreased by an estimated £10,945 (2.7%) and its rental value has increased by an estimated £34 per month (1.9%), giving an expected gross yield of 5.3%.
Flat 1, 44, Falcon Avenue, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 44, Falcon Avenue, Reading was last sold on 17th February 2017 for £415,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2017, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 590 metres radius of Flat 1, 44, Falcon Avenue, Reading over the last 2 years.
The most recent example is 34, Frensham Green, Reading, RG2 8EH, a leasehold flat which sold for £250,000 on the 4th February 2025.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Avenue, Reading, RG2 has a total of 38 addresses. According to our analysis of all the public data, Flat 1, 44, Falcon Avenue, Reading is the 32nd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in RG2.
The closest station to Flat 1, 44, Falcon Avenue, Reading is Earley station which is 2.5 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 1, 44, Falcon Avenue, Reading, 46.2% of property is socially rented and 22.7% 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 Flat 1, 44, Falcon Avenue, Reading, 23.4% of residents are recorded as possessing school level qualifications and 18.6% 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 Flat 1, 44, Falcon Avenue, Reading, the average age was 37.1 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 Flat 1, 44, Falcon Avenue, 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 Flat 1, 44, Falcon Avenue, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
