2, Morton Place
2, Morton Place
Description & Estimates
2, Morton Place, Reading is described in the public record as a modern house with 1,214 ft2 of internal area, sitting on a 317 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Morton Place, Reading is £518,852 and its rental estimate is £2,092 per month, given the available information and assuming reasonable condition.
Morton Place, Theale, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
2, Morton Place, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2008.
We combine this information with public data 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.
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 2, Morton Place, Reading, we estimate a market value of £544,794 and a rental value of £2,196 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £482,532 and £1,945 per month respectively.
Recent Market Change
Over the last year, 2, Morton Place, Reading has seen its estimated sale value decline by £9,174 (1.8%) and its estimated rental value climb by £50 per month (2.4%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 2, Morton Place, Reading as measuring 317 m2.
That makes it the 2nd largest plot in the postcode, where all 13 other houses have recorded plot data.
Energy Efficiency
2, Morton Place, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Morton Place, Reading completed on 13th June 2003 at £260,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jun 2003£260,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Morton Place, Reading have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was 46, Woodfield Way, Reading, RG7 5QR, a freehold house which sold for £615,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 13 addresses on Morton Place, Theale, Reading, RG7, 2, Morton Place, Reading comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £20k less expensive than the average property across the RG7 district.
More reading links
Schools Nearby
- 700mTheale C.E. Primary School
- 1.7kmCalcot Infant School and Nursery
- 1.7kmCalcot Junior School
- 900mTheale Green School
- 2.1kmLittle Heath School
- 3.8kmDenefield School
More reading links
Public Transport Nearby
From 2, Morton Place, Reading, the nearest station is Theale, 700 metres away.
- 700mTheale
- 4.7kmTilehurst
- 5.2kmPangbourne
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
