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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2A, Flaxman Close, Reading is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 635 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 2A, Flaxman Close, Reading is £250,920 and the estimated rental value is £1,056 per month.
The apartment is within 2, Flaxman Close, Earley, Reading, RG6.
Flaxman Close, Earley, Reading, RG6 is located within the RG6 postal district.
2A, Flaxman Close, Reading has a single entry in the Land Registry from February 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 2A, Flaxman Close, Reading is in very good condition we estimate a sale value of £263,466 and a rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,356 and a rental value of £982 per month.
Over the last 12 months the sale value of 2A Flaxman Close Reading has decreased by an estimated £7,340 (2.9%) and its rental value has increased by an estimated £18 per month (1.7%), giving an expected gross yield of 5%.
According to HM Land Registry, 2A, Flaxman Close, Reading was last sold on 24th February 2017 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2017, the market for similar properties has risen 7.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Flaxman Close, Reading within a radius of 630 metres over the last 2 years.
The most recent example is 14A, Flaxman Close, Reading, RG6 5TH, a leasehold flat which sold for £242,000 on the 19th July 2023.
Read more about house prices in RG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flaxman Close, Earley, Reading, RG6 has a total of 22 addresses. According to our analysis of all the public data, 2A, Flaxman Close, Reading is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in RG6.
The closest station to 2A, Flaxman Close, Reading is Earley station which is 2.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Flaxman Close, Reading, 35.9% of property is privately owned with a mortgage and 28.2% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2A, Flaxman Close, Reading, 24.2% of residents are recorded as possessing school level qualifications and 42.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2A, Flaxman Close, Reading, the average age was 37.1 and the most common age was 42.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2A, Flaxman Close, Reading, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2A, Flaxman Close, Reading, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
