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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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1, Scott Close, Reading is recorded publicly as a modern freehold house across 1,496 ft2 of internal area, sitting on a 386 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Scott Close, Reading is £627,320 and its rental estimate is £2,147 per month, given the available information and assuming reasonable condition.
Scott Close, Woodley, Reading, RG5 falls within the RG5 postal district.
1, Scott Close, Reading has 21 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 1, Scott Close, Reading, we estimate a market value of £658,687 and a rental value of £2,254 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £583,408 and £1,996 per month respectively.
Over the last year, 1, Scott Close, Reading has seen its estimated sale value fall by £12,373 (2.0%) and its estimated rental value move up by £37 per month (1.7%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for 1, Scott Close, Reading as measuring 386 m2.
That makes it the largest plot in the postcode, where all 18 other houses have recorded plot data.
1, Scott Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Scott Close, Reading completed on 15th September 2022 at £606,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.7% over the period since September 2022.
Over the past 2 years 3 properties similar to 1, Scott Close, Reading have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was 19, Scott Close, Reading, RG5 4UP, a freehold house which sold for £565,000.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Scott Close, Woodley, Reading, RG5, 1, Scott Close, Reading comes out as the largest and the most expensive in our analysis of the public data.
It is also £172k more expensive than the average property across the RG5 district.
From 1, Scott Close, Reading, the nearest station is Winnersh Triangle, 1.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 1, Scott Close, Reading, 40.3% of property is privately owned with a mortgage and 29.5% is privately rented.
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 1, Scott Close, Reading, 18.2% of residents are recorded as possessing school level qualifications and 37.1% 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 1, Scott Close, Reading, the average age was 38 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 1, Scott Close, Reading, 0.3% 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, Scott 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.
