According to the public record, 34, Falmouth Road, Reading is a mid-century freehold house and with 947 ft2 of internal area and sits on a 418 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Falmouth Road, Reading, RG2 is located within the RG2 postal district.
34, Falmouth Road, Reading has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated November 2020.
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 34 Falmouth Road Reading as £365,826 and the rental value as £1,728 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 34 Falmouth Road Reading has decreased by £3,382 (0.9%) and its rental value has increased by £84 per month (4.8%).
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 34, Falmouth Road, Reading is in very good condition we estimate a sale value of £384,117 and rental value of £1,814 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,218 and a rental value of £1,607 per month.
If you were able to purchase this property for the estimated value of £365,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,798 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, 34, Falmouth Road, Reading sits on a plot of 418m2.
We have plot size data on 25 out of 45 other houses in the postcode and 34, Falmouth Road, Reading sits on the largest plot.
According to HM Land Registry, 34, Falmouth Road, Reading was last sold on 07 May 2021 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Falmouth Road, Reading within a radius of 125m over the last 2 years.
The most recent example is 108, Shirley Avenue, Reading, RG2 8TD, a Freehold house which sold for £375,000 in May 2023.
Read more about house prices in RG2.
Falmouth Road, Reading, RG2 has a total of 45 addresses. According to our analysis of all the public data, 34, Falmouth Road, Reading is the 19th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in RG2.
34, Falmouth Road, Reading has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 18 Nov 2020.
The property is not connected to mains gas and has full secondary glazing. It is heated using electric storage heaters.
The closest station to 34, Falmouth Road, Reading is Reading Green Park station which is 2.9 km 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 34, Falmouth Road, Reading, 40.4% of property is privately owned with a mortgage and 32.2% 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 34, Falmouth Road, Reading, 18.3% of residents are recorded as possessing school level qualifications and 25.7% 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 34, Falmouth Road, Reading, the average age was 37.7 and the most common age was 37.
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 34, Falmouth Road, 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 34, Falmouth Road, 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.