33, Wallace Close
33, Wallace Close
Description & Estimates
33, Wallace Close, Reading is described in the public record as a mid-century apartment with 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 33, Wallace Close, Reading is £240,620 and its rental estimate is £1,108 per month, given the available information and assuming reasonable condition.
33, Wallace Close is a residential building on Wallace Close, Woodley, Reading, RG5 and falls within the RG5 postal district.
Our Data Sources
33, Wallace Close, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2024.
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
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 33, Wallace Close, Reading, we estimate a market value of £252,651 and a rental value of £1,164 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £223,777 and £1,031 per month respectively.
Recent Market Change
Over the last year, 33, Wallace Close, Reading has seen its estimated sale value decrease by £5,298 (2.2%) and its estimated rental value grow by £10 per month (0.9%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
33, Wallace Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 33, Wallace Close, Reading completed on 22nd January 2004 at £142,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold Jan 2004£142,000
- Sold Jan 2000£93,000
- Sold Jun 1997£59,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 33, Wallace Close, Reading have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2024, was 32, Rickman Close, Reading, RG5 3LL, a leasehold flat which sold for £235,000.
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
Of the 66 addresses on Wallace Close, Woodley, Reading, RG5, 33, Wallace Close, Reading comes out as the 61st largest and the 63rd most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the RG5 district.
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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
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Public Transport Nearby
From 33, Wallace Close, Reading, the nearest station is Earley, 600 metres away.
- 600mEarley
- 1.6kmWinnersh Triangle
- 2.8kmWinnersh
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
