3, Candlewood Drive
3, Candlewood Drive
Description & Estimates
3, Candlewood Drive, Reading is recorded publicly as a modern leasehold apartment across 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, Candlewood Drive, Reading is £346,826 and its rental estimate is £1,580 per month, given the available information and assuming reasonable condition.
Candlewood Drive, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
3, Candlewood Drive, Reading has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 3, Candlewood Drive, Reading, we estimate a market value of £364,167 and a rental value of £1,659 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £322,548 and £1,469 per month respectively.
Recent Market Change
Over the last year, 3, Candlewood Drive, Reading has seen its estimated sale value decrease by £9,364 (2.7%) and its estimated rental value grow by £30 per month (1.9%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
3, Candlewood Drive, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 3, Candlewood Drive, Reading completed on 11th September 2019 at £365,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 11.6% over the period since September 2019.
- Sold Sep 2019£365,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Candlewood Drive, Reading have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2025, was Flat 7, 123, Champlain Street, Reading, RG2 6AU, a leasehold flat which sold for £410,000.
Read more about house prices in RG2.
- Sold Oct 2025£410,000 | 2 Bed Flat123, Champlain StreetFlat 7, 123, Champlain Street, Reading, RG2 6AU
- Sold Nov 2024£360,200 | 2 Bed Flat51, Champlain StreetFlat 4, 51, Champlain Street, Reading, RG2 6AE
- Sold Feb 2022£365,000 | 2 Bed Flat51, Champlain StreetFlat 7, 51, Champlain Street, Reading, RG2 6AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Candlewood Drive, Reading, RG2, 3, Candlewood Drive, Reading comes out as the 2nd largest and the 5th most expensive in our analysis of the public data.
It is also £27k less expensive than the average property across the RG2 district.
More reading links
Schools Nearby
- 200mGreen Park Village Primary Academy
- 1.8kmSouthcote Primary School
- 2.0kmSt Mary & All Saints Church of England Primary School
- 2.1kmBlessed Hugh Faringdon Catholic School
- 2.2kmThe WREN School
- 2.4kmHartland High School
More reading links
Public Transport Nearby
From 3, Candlewood Drive, Reading, the nearest station is Reading Green Park, 300 metres away.
- 300mReading Green Park
- 3.2kmReading West
- 3.8kmReading
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
