Our Data Sources
40A, Wallace Close, Reading has 41 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated March 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
In very good condition, we estimate 40A, Wallace Close, Reading would be worth £268,700, with a potential rental value of £1,212 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £237,991, with a rental value of £1,074 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
40A, Wallace Close, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
40A, Wallace Close, Reading last changed hands on 12th October 2023, selling for £230,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 13.7% since October 2023.
- Sold Oct 2023£230,000
- Sold Mar 2012£156,000
- Sold Nov 2005£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 40A, Wallace Close, Reading across the last 2 years.
Most recently, 14, Rickman Close, Reading, RG5 3LL, a leasehold flat, sold at £297,000 on the 17th October 2025.
Read more about house prices in RG5.
- Sold Oct 2025£297,000 | 2 Bed Flat14, Rickman Close, Reading, RG5 3LL14, Rickman Close, Reading, RG5 3LL
- Sold Sep 2024£285,000 | 2 Bed Flat37, Wallace Close, Reading, RG5 3HW37, Wallace Close, Reading, RG5 3HW
- Sold Feb 2024£240,000 | 2 Bed Flat41, Wallace Close, Reading, RG5 3HW41, Wallace Close, Reading, RG5 3HW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40A, Wallace Close, Reading as the 34th largest and the 34th most expensive of the 66 addresses on Wallace Close, Woodley, Reading, RG5.
Against the RG5 postcode district average, it is £199k less expensive than the typical property.
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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
- 600mEarley
- 1.6kmWinnersh Triangle
- 2.8kmWinnersh
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
