15, Pear Tree Close
15, Pear Tree Close
Description & Estimates
15, Pear Tree Close, Reading is recorded publicly as a modern freehold house across 2,518 ft2 of internal area, sitting on a 766 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 15, Pear Tree Close, Reading is £1,012,268 and its rental estimate is £3,718 per month, given the available information and assuming reasonable condition.
Pear Tree Close, Arborfield Green, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
15, Pear Tree Close, Reading has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated July 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 15, Pear Tree Close, Reading, we estimate a market value of £1,062,881 and a rental value of £3,904 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £941,409 and £3,458 per month respectively.
Recent Market Change
Over the last year, 15, Pear Tree Close, Reading has seen its estimated sale value fall by £30,834 (3.0%) and its estimated rental value move up by £54 per month (1.4%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 15, Pear Tree Close, Reading as measuring 766 m2.
That makes it the largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
15, Pear Tree Close, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 15, Pear Tree Close, Reading completed on 28th July 2017 at £875,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 13.0% over the period since July 2017.
- Sold Jul 2017£875,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Pear Tree Close, Reading have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2022, was 54, Archer Grove, Reading, RG2 9TB, a freehold house which sold for £990,000.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on Pear Tree Close, Arborfield Green, Reading, RG2, 15, Pear Tree Close, Reading comes out as the largest and the most expensive in our analysis of the public data.
It is also £639k more expensive than the average property across the RG2 district.
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Schools Nearby
- 1.8kmThe Coombes Church of England Primary School
- 1.9kmGorse Ride Junior School
- 2.0kmGorse Ride Infants' School
- 800mBohunt School Wokingham
- 4.6kmThe Holt School
- 4.7kmThe Emmbrook School
More reading links
Public Transport Nearby
From 15, Pear Tree Close, Reading, the nearest station is Wokingham, 4.2 kilometres away.
- 4.2kmWokingham
- 5.0kmWinnersh
- 5.1kmCrowthorne
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
