3, Wallace Close
3, Wallace Close
Description & Estimates
According to the public record, 3, Wallace Close, Reading is a mid-century apartment with 678 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 3, Wallace Close, Reading is £251,757 and the estimated rental value is £1,142 per month.
The apartment is within 3, Wallace Close, Woodley, Reading, RG5.
Wallace Close, Woodley, Reading, RG5 is located within the RG5 postal district.
Our Data Sources
3, Wallace Close, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2026.
We combine this information with public data 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 3, Wallace Close, Reading is in very good condition we estimate a sale value of £264,345 and a rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,134 and a rental value of £1,062 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Wallace Close, Reading has moved down by £5,543 (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 5.4%.
Energy Efficiency
3, Wallace Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jan 2026.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Wallace Close, Reading was last sold on 1st April 1996 for £54,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold Apr 1996£54,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Wallace Close, Reading within a radius of 550 metres over the last 2 years.
The most recent example is 12, Wallace Close, Reading, RG5 3HW, a leasehold flat which sold for £295,000 on the 4th December 2025.
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
Wallace Close, Woodley, Reading, RG5 has a total of 66 addresses. According to our analysis of all the public data, 3, Wallace Close, Reading is the 55th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in RG5.
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Schools Nearby
- 300mSouth Lake Primary School
- 900mHighwood Primary School
- 1.0kmBeechwood Primary School
- 1.2kmThe Bulmershe School
- 1.2kmMaiden Erlegh School
- 2.1kmUTC Reading
More reading links
Public Transport Nearby
The closest station to 3, Wallace Close, Reading is Earley station, which is 600 metres away.
- 600mEarley
- 1.6kmWinnersh Triangle
- 2.8kmWinnersh
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
