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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
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According to the public record, 18, Morpeth Close, Reading is a mid-century apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Morpeth Close, Reading is £225,978 and the estimated rental value is £1,139 per month.
Morpeth Close, Reading, RG2 is located within the RG2 postal district.
18, Morpeth Close, Reading has no records in the the Land Registry and a single entry in the EPC database dated January 2025.
We combine this information with public data 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.
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 18, Morpeth Close, Reading is in very good condition we estimate a sale value of £237,277 and a rental value of £1,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,160 and a rental value of £1,059 per month.
Over the last 12 months the sale value of 18 Morpeth Close Reading has decreased by an estimated £1,003 (0.4%) and its rental value has increased by an estimated £51 per month (4.4%), giving an expected gross yield of 6%.
18, Morpeth Close, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jan 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Morpeth Close, Reading within a radius of 520 metres over the last 2 years.
The most recent example is 59A, Basingstoke Road, Reading, RG2 0ER, a leasehold flat which sold for £100,000 on the 28th March 2025.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morpeth Close, Reading, RG2 has a total of 26 addresses. According to our analysis of all the public data, 18, Morpeth Close, Reading is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in RG2.
The closest station to 18, Morpeth Close, Reading is Reading station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 18, Morpeth Close, Reading, 36.4% of property is socially rented and 21.2% is privately owned outright.
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 18, Morpeth Close, Reading, 21.1% of residents are recorded as possessing school level qualifications and 19.4% 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 18, Morpeth Close, Reading, the average age was 32.4 and the most common age was 17.
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 18, Morpeth Close, 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 18, Morpeth Close, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
