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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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According to the public record, 2, Concorde Way, Reading is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Concorde Way, Reading is £231,762 and the estimated rental value is £1,052 per month.
Concorde Way, Woodley, Reading, RG5 is located within the RG5 postal district.
2, Concorde Way, Reading has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 2, Concorde Way, Reading is in very good condition we estimate a sale value of £243,351 and a rental value of £1,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,539 and a rental value of £978 per month.
Over the last 12 months the sale value of 2 Concorde Way Reading has decreased by an estimated £5,103 (2.2%) and its rental value has increased by an estimated £9 per month (0.9%), giving an expected gross yield of 5.4%.
2, Concorde Way, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Concorde Way, Reading was last sold on 26th June 2024 for £287,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2024, the market for similar properties has dropped 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Concorde Way, Reading within a radius of 570 metres over the last 2 years.
The most recent example is 28, Concorde Way, Reading, RG5 4NF, a leasehold flat which sold for £255,000 on the 7th March 2025.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Concorde Way, Woodley, Reading, RG5 has a total of 32 addresses. According to our analysis of all the public data, 2, Concorde Way, Reading is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in RG5.
The closest station to 2, Concorde Way, Reading is Winnersh Triangle station which is 1.6 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 2, Concorde Way, Reading, 40.2% of property is privately owned outright and 38.5% 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 2, Concorde Way, Reading, 21.5% of residents are recorded as possessing school level qualifications and 39.8% 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 2, Concorde Way, Reading, the average age was 38 and the most common age was 37.
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 2, Concorde Way, 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 2, Concorde Way, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
