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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, Wellswood Gardens, Reading is £977,970 and the estimated rental value is £4,620 per month.
Wellswood Gardens, Reading, RG1 is located within the RG1 postal district.
2, Wellswood Gardens, Reading has a single entry in the Land Registry from February 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that 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.
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, Wellswood Gardens, Reading is in very good condition we estimate a sale value of £1,026,869 and a rental value of £4,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £909,512 and a rental value of £4,297 per month.
Over the last 12 months the sale value of 2 Wellswood Gardens Reading has decreased by an estimated £32,123 (3.3%) and its rental value has increased by an estimated £65 per month (1.4%), giving an expected gross yield of 5.7%.
2, Wellswood Gardens, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Wellswood Gardens, Reading was last sold on 28th February 2017 for £985,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has dropped 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wellswood Gardens, Reading within a radius of 430 metres over the last 2 years.
The most recent example is 4, Wellswood Gardens, Reading, RG1 5BF, a leasehold house which sold for £1,175,000 on the 28th August 2024.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellswood Gardens, Reading, RG1 has a total of 24 addresses. According to our analysis of all the public data, 2, Wellswood Gardens, Reading is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £682k more expensive than the average property in RG1.
The closest station to 2, Wellswood Gardens, Reading is Reading station which is 1.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Wellswood Gardens, Reading, 43.1% of property is privately rented and 22.0% 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, Wellswood Gardens, Reading, 23.3% of residents are recorded as possessing school level qualifications and 66.5% 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, Wellswood Gardens, Reading, the average age was 33.9 and the most common age was 22.
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, Wellswood Gardens, Reading, 0.4% 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, Wellswood Gardens, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.