2, Newlands Close
2, Newlands Close
Description & Estimates
According to the public record, 2, Newlands Close, Reading is a modern freehold house with 1,388 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Newlands Close, Reading is £532,674 and the estimated rental value is £2,379 per month.
Newlands Close, Shinfield, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
2, Newlands Close, Reading has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated October 2020.
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.
Price Range & Condition
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, Newlands Close, Reading is in very good condition we estimate a sale value of £559,308 and a rental value of £2,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,387 and a rental value of £2,213 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Newlands Close, Reading has moved down by £14,296 (2.7%), while its estimated rental value has increased by £56 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Plot Size
According to data from HM Land Registry, 2, Newlands Close, Reading sits on a plot of 277 m2.
We have plot size data on 18 out of 26 other houses in the postcode and 2, Newlands Close, Reading sits on the 5th largest plot.
Energy Efficiency
2, Newlands Close, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Newlands Close, Reading was last sold on 21st December 2020 for £545,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen by 0.5%.
- Sold Dec 2020£545,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Newlands Close, Reading within a radius of 730 metres over the last 2 years.
The most recent example is 31, Newlands Close, Reading, RG2 9LG, a freehold house which sold for £560,000 on the 29th April 2022.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Newlands Close, Shinfield, Reading, RG2 has a total of 26 addresses. According to our analysis of all the public data, 2, Newlands Close, Reading is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in RG2.
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Schools Nearby
- 600mAlder Grove Church of England Primary School
- 700mShinfield Infant and Nursery School
- 1.0kmShinfield St Mary's CofE Junior School
- 1.2kmOakbank School
- 1.9kmHartland High School
- 3.0kmReading Girls' School
More reading links
Public Transport Nearby
The closest station to 2, Newlands Close, Reading is Reading Green Park station, which is 3.8 kilometres away.
- 3.8kmReading Green Park
- 4.2kmEarley
- 5.2kmWinnersh Triangle
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
