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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
12, Tippett Rise, Reading appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 670 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 12, Tippett Rise, Reading is £184,647 and its rental estimate is £1,135 per month, given the available information and assuming reasonable condition.
Tippett Rise, Reading, RG2 falls within the RG2 postal district.
12, Tippett Rise, Reading has 31 entries in the Land Registry , most recently in August 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 12, Tippett Rise, Reading, we estimate a market value of £193,879 and a rental value of £1,191 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £171,722 and £1,055 per month respectively.
Over the last year, 12, Tippett Rise, Reading has seen its estimated sale value move down by £4,985 (2.7%) and its estimated rental value increase by £21 per month (1.9%). This results in an estimated gross rental yield of 7.4%.
The most recent sale of 12, Tippett Rise, Reading completed on 8th August 2014 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 33.5% over the period since August 2014.
Over the past 2 years 3 properties similar to 12, Tippett Rise, Reading have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th January 2025, was 22, Tippett Rise, Reading, RG2 0DJ, a leasehold flat which sold for £220,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 104 addresses on Tippett Rise, Reading, RG2, 12, Tippett Rise, Reading comes out as the 24th largest and the 24th most expensive in our analysis of the public data.
It is also £189k less expensive than the average property across the RG2 district.
From 12, Tippett Rise, Reading, the nearest station is Reading, 1.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Tippett Rise, Reading, 53.0% of property is privately rented and 37.3% is privately owned with a mortgage.
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 12, Tippett Rise, Reading, 14.8% of residents are recorded as possessing school level qualifications and 47.4% 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 12, Tippett Rise, Reading, the average age was 33.9 and the most common age was 22.
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 12, Tippett Rise, 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 12, Tippett Rise, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
