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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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Rainbows End, Reading is recorded publicly as a modern freehold house across 1,625 ft2 of internal area, sitting on a 1,253 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Rainbows End, Reading is £749,609 and its rental estimate is £1,943 per month, given the available information and assuming reasonable condition.
Clay Lane, Beenham, Reading, RG7 falls within the RG7 postal district.
Rainbows End, Reading has a single entry in the Land Registry from May 2014 and a single entry in the EPC database dated April 2013.
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.
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 Rainbows End, Reading, we estimate a market value of £787,089 and a rental value of £2,041 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £697,136 and £1,807 per month respectively.
Over the last year, Rainbows End, Reading has seen its estimated sale value drop by £13,254 (1.8%) and its estimated rental value rise by £46 per month (2.4%). This results in an estimated gross rental yield of 3.1%.
HM Land Registry records the plot of land for Rainbows End, Reading as measuring 1,253 m2.
That makes it the 3rd largest plot in the postcode, where 11 of the 13 other houses have recorded plot data.
Rainbows End, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of Rainbows End, Reading completed on 22nd May 2014 at £535,000 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 41.9% over the period since May 2014.
Over the past 2 years 3 properties similar to Rainbows End, Reading have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2020, was Larksleve Cottage, Reading, RG7 5NN, a freehold house which sold for £706,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on Clay Lane, Beenham, Reading, RG7, Rainbows End, Reading comes out as the 9th largest and the 6th most expensive in our analysis of the public data.
It is also £210k more expensive than the average property across the RG7 district.
From Rainbows End, Reading, the nearest station is Aldermaston, 2.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Rainbows End, Reading, 54.2% of property is privately owned outright and 35.1% 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 Rainbows End, Reading, 18.6% of residents are recorded as possessing school level qualifications and 45.1% 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 Rainbows End, Reading, the average age was 41.2 and the most common age was 52.
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 Rainbows End, Reading, 3.0% 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 Rainbows End, Reading, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
