According to the public record, 1, Fairfax Close, Reading is a modern freehold house with 1,313 ft2 of internal area and sits on a 297 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fairfax Close, Caversham, Reading, RG4 is located within the RG4 postal district.
1, Fairfax Close, Reading has 51 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Fairfax Close Reading as £691,181 and the rental value as £2,166 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 1 Fairfax Close Reading has decreased by £13,295 (1.9%) and its rental value has increased by £70 per month (3.2%).
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 1, Fairfax Close, Reading is in very good condition we estimate a sale value of £725,740 and rental value of £2,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £642,799 and a rental value of £2,015 per month.
If you were able to purchase this property for the estimated value of £691,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,397 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Fairfax Close, Reading sits on a plot of 297m2.
We have plot size data on 22 out of 36 other houses in the postcode and 1, Fairfax Close, Reading sits on the 19th largest plot.
According to HM Land Registry, 1, Fairfax Close, Reading was last sold on 08 Sep 2023 for £660,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Fairfax Close, Reading within a radius of 510 metres over the last 2 years.
The most recent example is 2, Fairfax Close, Reading, RG4 6DA, a Freehold house which sold for £662,500 in Mar 2022.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfax Close, Caversham, Reading, RG4 has a total of 36 addresses. According to our analysis of all the public data, 1, Fairfax Close, Reading is the 24th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in RG4.
1, Fairfax Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Fairfax Close, Reading is Reading station which is 1.3 kilometres away.
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 1, Fairfax Close, Reading, 36.8% of property is privately owned with a mortgage and 26.5% is privately owned outright.
The graph below shows how this compares to Greater London 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 1, Fairfax Close, Reading, 18.6% of residents are recorded as possessing school level qualifications and 49.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Fairfax Close, Reading, the average age was 36.8 and the most common age was 32.
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 1, Fairfax Close, 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 1, Fairfax Close, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.