According to the public record, 4, Farnham Drive, Reading is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 190 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farnham Drive, Caversham, Reading, RG4 is located within the RG4 postal district.
4, Farnham Drive, Reading has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated December 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 4 Farnham Drive Reading as £399,216 and the rental value as £1,703 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 4 Farnham Drive Reading has increased by £3,956 (1.0%) and its rental value has increased by £109 per month (6.4%).
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 4, Farnham Drive, Reading is in very good condition we estimate a sale value of £419,177 and rental value of £1,788 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,271 and a rental value of £1,584 per month.
If you were able to purchase this property for the estimated value of £399,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,962 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, 4, Farnham Drive, Reading sits on a plot of 190m2.
We have plot size data on 8 out of 15 other houses in the postcode and 4, Farnham Drive, Reading sits on the 2nd largest plot.
According to HM Land Registry, 4, Farnham Drive, Reading was last sold on 31 Aug 2021 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Farnham Drive, Reading within a radius of 940 metres over the last 2 years.
The most recent example is 8, Ibstone Avenue, Reading, RG4 6PJ, a Freehold house which sold for £436,000 in Jul 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnham Drive, Caversham, Reading, RG4 has a total of 28 addresses. According to our analysis of all the public data, 4, Farnham Drive, Reading is the 12th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in RG4.
4, Farnham Drive, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Dec 2020.
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 4, Farnham Drive, Reading is Reading station which is 2.8 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 4, Farnham Drive, Reading, 44.8% of property is privately owned outright and 40.8% 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 4, Farnham Drive, Reading, 19.2% of residents are recorded as possessing school level qualifications and 31.0% 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 4, Farnham Drive, Reading, the average age was 42.9 and the most common age was 47.
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 4, Farnham Drive, Reading, 0.6% 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 4, Farnham Drive, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.