5, Candlewood Drive
5, Candlewood Drive
Description & Estimates
According to the public record, 5, Candlewood Drive, Reading is a modern leasehold apartment with 753 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 5, Candlewood Drive, Reading is £351,293 and the estimated rental value is £1,600 per month.
Candlewood Drive, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
5, Candlewood Drive, Reading has a single entry in the Land Registry from December 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
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 5, Candlewood Drive, Reading is in very good condition we estimate a sale value of £368,858 and a rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,702 and a rental value of £1,488 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Candlewood Drive, Reading has decreased by £9,485 (2.7%), while its estimated rental value has grown by £30 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
5, 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
According to HM Land Registry, 5, Candlewood Drive, Reading was last sold on 12th December 2019 for £369,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has dropped by 11.5%.
- Sold Dec 2019£369,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Candlewood Drive, Reading within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Flat 7, 123, Champlain Street, Reading, RG2 6AU, a leasehold flat which sold for £410,000 on the 1st October 2025.
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.
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Location Comparison
Candlewood Drive, Reading, RG2 has a total of 5 addresses. According to our analysis of all the public data, 5, Candlewood Drive, Reading is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in RG2.
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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
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Public Transport Nearby
The closest station to 5, Candlewood Drive, Reading is Reading Green Park station, which is 300 metres away.
- 300mReading Green Park
- 3.2kmReading West
- 3.8kmReading
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
