According to the public record, 3 Falmouth House, Reading is a modern freehold house with 1,194 ft2 of internal area and sits on a 287 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bath Road, Woolhampton, Reading, RG7 is located within the RG7 postal district.
3 Falmouth House, Reading has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated April 2015.
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 3 Falmouth House Reading as £469,013 and the rental value as £1,936 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Falmouth House Reading has decreased by £10,894 (2.3%) and its rental value has increased by £39 per month (2.0%).
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 3 Falmouth House, Reading is in very good condition we estimate a sale value of £492,464 and rental value of £2,033 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,182 and a rental value of £1,801 per month.
If you were able to purchase this property for the estimated value of £469,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,305 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, 3 Falmouth House, Reading sits on a plot of 287m2.
We have plot size data on 9 out of 15 other houses in the postcode and 3 Falmouth House, Reading sits on the 6th largest plot.
According to HM Land Registry, 3 Falmouth House, Reading was last sold on 28 Jul 2015 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 31.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Falmouth House, Reading within a radius of 3.4 kilometres over the last 2 years.
The most recent example is 19, Orchard Close, Reading, RG7 5SD, a Freehold house which sold for £405,000 in Nov 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bath Road, Woolhampton, Reading, RG7 has a total of 91 addresses. According to our analysis of all the public data, 3 Falmouth House, Reading is the 42nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in RG7.
3 Falmouth House, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Apr 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to 3 Falmouth House, Reading is Midgham station which is 200 metres 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 3 Falmouth House, Reading, 41.7% of property is privately owned outright and 36.3% is privately owned with a mortgage.
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 3 Falmouth House, Reading, 17.3% of residents are recorded as possessing school level qualifications and 34.1% 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 3 Falmouth House, Reading, the average age was 42 and the most common age was 17.
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 3 Falmouth House, Reading, 2.2% 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 3 Falmouth House, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.