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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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18, Wellswood Gardens, Reading is recorded publicly as a modern leasehold house across 1,539 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 18, Wellswood Gardens, Reading is £692,559 and its rental estimate is £3,185 per month, given the available information and assuming reasonable condition.
Wellswood Gardens, Reading, RG1 falls within the RG1 postal district.
18, Wellswood Gardens, Reading has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 18, Wellswood Gardens, Reading, we estimate a market value of £727,187 and a rental value of £3,345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £644,080 and £2,962 per month respectively.
Over the last year, 18, Wellswood Gardens, Reading has seen its estimated sale value decrease by £20,416 (2.9%) and its estimated rental value grow by £55 per month (1.7%). This results in an estimated gross rental yield of 5.5%.
18, Wellswood Gardens, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 18, Wellswood Gardens, Reading completed on 30th June 2017 at £682,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 29.2% over the period since June 2017.
Over the past 2 years 3 properties similar to 18, Wellswood Gardens, Reading have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th July 2018, was 24, Wellswood Gardens, Reading, RG1 5BF, a freehold house which sold for £645,000.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Wellswood Gardens, Reading, RG1, 18, Wellswood Gardens, Reading comes out as the 16th largest and the 18th most expensive in our analysis of the public data.
It is also £396k more expensive than the average property across the RG1 district.
From 18, Wellswood Gardens, Reading, the nearest station is Reading, 1.8 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 18, Wellswood Gardens, Reading, 43.1% of property is privately rented and 22.0% 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 18, Wellswood Gardens, Reading, 23.3% of residents are recorded as possessing school level qualifications and 66.5% 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, Wellswood Gardens, 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 18, Wellswood Gardens, Reading, 0.4% 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, Wellswood Gardens, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
