16, Wallace Close
16, Wallace Close
Description & Estimates
16, Wallace Close, Reading appears in the public record as a freehold house sitting on a 161 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,023 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 16, Wallace Close, Reading is £398,339 and its rental estimate is £1,691 per month, given the available information and assuming reasonable condition.
Wallace Close, Woodley, Reading, RG5 falls within the RG5 postal district.
Our Data Sources
16, Wallace Close, Reading has 21 entries in the Land Registry , most recently in October 2016 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.
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 16, Wallace Close, Reading, we estimate a market value of £418,256 and a rental value of £1,776 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £370,455 and £1,573 per month respectively.
Recent Market Change
Over the last year, 16, Wallace Close, Reading has seen its estimated sale value move down by £7,140 (1.8%) and its estimated rental value increase by £30 per month (1.8%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 16, Wallace Close, Reading as measuring 161 m2.
That makes it the 5th largest plot in the postcode, where 14 of the 16 other houses have recorded plot data.
Sold Prices
The most recent sale of 16, Wallace Close, Reading completed on 3rd October 2016 at £362,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.1% over the period since October 2016.
- Sold Oct 2016£362,000
- Sold Mar 2003£194,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Wallace Close, Reading have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2025, was 138, Fairwater Drive, Reading, RG5 3JF, a freehold house which sold for £390,000.
Read more about house prices in RG5.
- Sold Dec 2025£390,000 | 3 Bed House138, Fairwater Drive, Reading, RG5 3JF138, Fairwater Drive, Reading, RG5 3JF
- Sold May 2024£410,000 | 3 Bed House152, Fairwater Drive, Reading, RG5 3JF152, Fairwater Drive, Reading, RG5 3JF
- Sold Aug 2023£380,000 | 3 Bed House186, Fairwater Drive, Reading, RG5 3JF186, Fairwater Drive, Reading, RG5 3JF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 66 addresses on Wallace Close, Woodley, Reading, RG5, 16, Wallace Close, Reading comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the RG5 district.
More reading links
Schools Nearby
- 300mSouth Lake Primary School
- 900mHighwood Primary School
- 1.0kmBeechwood Primary School
- 1.2kmThe Bulmershe School
- 1.2kmMaiden Erlegh School
- 2.1kmUTC Reading
More reading links
Public Transport Nearby
From 16, Wallace Close, Reading, the nearest station is Earley, 600 metres away.
- 600mEarley
- 1.6kmWinnersh Triangle
- 2.8kmWinnersh
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
