4A, Wallace Close
4A, Wallace Close
Description & Estimates
4A, Wallace Close, Reading is recorded publicly as a mid-century leasehold apartment across 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4A, Wallace Close, Reading is £171,216 and its rental estimate is £793 per month, given the available information and assuming reasonable condition.
4, Wallace Close is a residential building on Wallace Close, Woodley, Reading, RG5 and falls within the RG5 postal district.
Our Data Sources
4A, Wallace Close, Reading has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated July 2021.
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
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 4A, Wallace Close, Reading, we estimate a market value of £179,777 and a rental value of £833 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,231 and £738 per month respectively.
Recent Market Change
Over the last year, 4A, Wallace Close, Reading has seen its estimated sale value decline by £3,770 (2.2%) and its estimated rental value climb by £7 per month (0.9%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
4A, Wallace Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
The most recent sale of 4A, Wallace Close, Reading completed on 8th December 2021 at £202,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 11.9% over the period since December 2021.
- Sold Dec 2021£202,500
- Sold Jul 2010£142,500
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 4A, 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 6th May 2025, was 5, Goddard Close, Reading, RG6 7EZ, a leasehold flat which sold for £165,000.
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, 4A, Wallace Close, Reading comes out as the 64th largest and the 66th most expensive in our analysis of the public data.
It is also £284k 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
More reading links
Public Transport Nearby
From 4A, 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.
