2A, Wallace Close
2A, Wallace Close
Description & Estimates
2A, Wallace Close, Reading appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 714 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2A, Wallace Close, Reading is £258,419 and its rental estimate is £1,161 per month, given the available information and assuming reasonable condition.
2, Wallace Close is a residential building on Wallace Close, Woodley, Reading, RG5 and falls within the RG5 postal district.
Our Data Sources
2A, Wallace Close, Reading has 31 entries in the Land Registry , most recently in June 2007 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 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 2A, Wallace Close, Reading, we estimate a market value of £271,340 and a rental value of £1,219 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,330 and £1,080 per month respectively.
Recent Market Change
Over the last year, 2A, Wallace Close, Reading has seen its estimated sale value move down by £5,689 (2.2%) and its estimated rental value increase by £10 per month (0.9%). This results in an estimated gross rental yield of 5.4%.
Sold Prices
The most recent sale of 2A, Wallace Close, Reading completed on 1st June 2007 at £179,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 16.4% over the period since June 2007.
- Sold Jun 2007£179,950
- Sold Jul 2003£135,000
- Sold Jan 1997£53,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2A, Wallace Close, Reading have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2025, was 12, Wallace Close, Reading, RG5 3HW, a leasehold flat which sold for £295,000.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 66 addresses on Wallace Close, Woodley, Reading, RG5, 2A, Wallace Close, Reading comes out as the 25th largest and the 27th most expensive in our analysis of the public data.
It is also £197k less expensive than the average property across the RG5 district.
More reading links
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
From 2A, 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.
