35, Wallace Close
35, Wallace Close
Description & Estimates
According to the public record, 35, Wallace Close, Reading is a mid-century leasehold 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 35, Wallace Close, Reading is £251,013 and the estimated rental value is £1,139 per month.
The apartment is within 35, Wallace Close, Woodley, Reading, RG5.
Wallace Close, Woodley, Reading, RG5 is located within the RG5 postal district.
Our Data Sources
35, Wallace Close, Reading has 21 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated September 2023.
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.
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 35, Wallace Close, Reading is in very good condition we estimate a sale value of £263,564 and a rental value of £1,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,442 and a rental value of £1,059 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 35, Wallace Close, Reading has decreased by £5,526 (2.2%), while its estimated rental value has grown by £10 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
35, Wallace Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 35, Wallace Close, Reading was last sold on 17th October 2023 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2023, the market for similar properties has dropped by 13.7%.
- Sold Oct 2023£250,000
- Sold Dec 2006£158,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Wallace Close, Reading within a radius of 580 metres over the last 2 years.
The most recent example is 37, Wallace Close, Reading, RG5 3HW, a leasehold flat which sold for £285,000 on the 13th September 2024.
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, 35, Wallace Close, Reading is the 54th largest and the 57th 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 35, 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.
