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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, Tower Close, Reading is a mid-century freehold house with 1,593 ft2 of internal area and sits on a 385 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, Tower Close, Reading is £730,581 and the estimated rental value is £2,193 per month.
Tower Close, Emmer Green, Reading, RG4 is located within the RG4 postal district.
2, Tower Close, Reading has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated September 2019.
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, Tower Close, Reading is in very good condition we estimate a sale value of £767,110 and a rental value of £2,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £679,440 and a rental value of £2,039 per month.
Over the last 12 months the sale value of 2 Tower Close Reading has decreased by an estimated £16,000 (2.2%) and its rental value has increased by an estimated £42 per month (1.9%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 2, Tower Close, Reading sits on a plot of 385m2.
We have plot size data on 24 out of 24 other houses in the postcode and 2, Tower Close, Reading sits on the 19th largest plot.
2, Tower Close, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 2, Tower Close, Reading was last sold on 31st July 2020 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tower Close, Reading within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 26, Russet Glade, Reading, RG4 8UJ, a freehold house which sold for £690,000 on the 29th July 2024.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Close, Emmer Green, Reading, RG4 has a total of 24 addresses. According to our analysis of all the public data, 2, Tower Close, Reading is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in RG4.
The closest station to 2, Tower Close, Reading is Reading station which is 3.8 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, Tower Close, Reading, 63.0% of property is privately owned outright and 30.4% 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, Tower Close, Reading, 19.0% of residents are recorded as possessing school level qualifications and 50.4% 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, Tower Close, Reading, the average age was 42.9 and the most common age was 47.
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, Tower 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, Tower Close, 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.
