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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, 2, Milam Close, Reading is a modern freehold house with 1,819 ft2 of internal area and sits on a 378 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Milam Close, Reading is £695,131 and the estimated rental value is £2,886 per month.
Milam Close, Arborfield, Reading, RG2 is located within the RG2 postal district.
2, Milam Close, Reading has 21 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Milam Close, Reading is in very good condition we estimate a sale value of £729,887 and a rental value of £3,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £646,472 and a rental value of £2,684 per month.
Over the last 12 months the sale value of 2 Milam Close Reading has decreased by an estimated £20,666 (3.0%) and its rental value has increased by an estimated £51 per month (1.8%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Milam Close, Reading sits on a plot of 378m2.
We have plot size data on 9 out of 9 other houses in the postcode and 2, Milam Close, Reading sits on the 2nd largest plot.
2, Milam Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2013.
The property is not 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, Milam Close, Reading was last sold on 25th July 2013 for £470,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2013, the market for similar properties has risen 38.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Milam Close, Reading within a radius of 920 metres over the last 2 years.
The most recent example is 2, Bentley Drive, Reading, RG2 9FH, a freehold house which sold for £700,000 on the 13th June 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Milam Close, Arborfield, Reading, RG2 has a total of 9 addresses. According to our analysis of all the public data, 2, Milam Close, Reading is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £320k more expensive than the average property in RG2.
The closest station to 2, Milam Close, Reading is Wokingham station which is 5.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Milam Close, Reading, 39.8% of property is privately owned with a mortgage and 27.3% is privately rented.
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, Milam Close, Reading, 23.4% of residents are recorded as possessing school level qualifications and 38.3% 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, Milam Close, Reading, the average age was 37 and the most common age was 12.
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, Milam Close, Reading, 0.6% 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, Milam Close, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
