2, Raleigh Close
2, Raleigh Close
Description & Estimates
According to the public record, 2, Raleigh Close, Reading is a mid-century apartment with 721 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, Raleigh Close, Reading is £226,295 and the estimated rental value is £1,133 per month.
Raleigh Close, Woodley, Reading, RG5 is located within the RG5 postal district.
Our Data Sources
2, Raleigh Close, Reading has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Raleigh Close, Reading is in very good condition we estimate a sale value of £237,610 and a rental value of £1,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,454 and a rental value of £1,054 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Raleigh Close, Reading has moved down by £4,982 (2.2%), while its estimated rental value has increased by £10 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
2, Raleigh Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
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, Raleigh Close, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 3, Larch Drive, Reading, RG5 3LW, a leasehold flat which sold for £245,000 on the 2nd April 2024.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Raleigh Close, Woodley, Reading, RG5 has a total of 6 addresses. According to our analysis of all the public data, 2, Raleigh Close, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £229k less expensive than the average property in RG5.
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Schools Nearby
- 300mSouth Lake Primary School
- 600mRivermead Primary School
- 700mBeechwood Primary School
- 1.4kmThe Bulmershe School
- 1.7kmMaiden Erlegh School
- 2.4kmWaingels
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Public Transport Nearby
The closest station to 2, Raleigh Close, Reading is Earley station, which is 1.1 kilometres away.
- 1.1kmEarley
- 1.3kmWinnersh Triangle
- 2.5kmWinnersh
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
