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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, The Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,204 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Close, Reading is £571,181 and the estimated rental value is £2,438 per month.
Pingewood, Reading, RG30 is located within the RG30 postal district.
The Close, Reading has a single entry in the Land Registry from July 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 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 The Close, Reading is in very good condition we estimate a sale value of £599,740 and a rental value of £2,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £531,198 and a rental value of £2,267 per month.
Over the last 12 months the sale value of The Close Reading has decreased by an estimated £10,772 (1.9%) and its rental value has increased by an estimated £50 per month (2.1%), giving an expected gross yield of 5.1%.
According to HM Land Registry, The Close, Reading was last sold on 31st July 2007 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to The Close, Reading within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 32, Hartley Court Road, Reading, RG7 1NS, a freehold house which sold for £640,000 on the 7th April 2022.
Read more about house prices in RG30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pingewood, Reading, RG30 has a total of 21 addresses. According to our analysis of all the public data, The Close, Reading is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £240k more expensive than the average property in RG30.
The closest station to The Close, Reading is Reading Green Park station which is 900 metres away.
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 The Close, Reading, 42.7% of property is privately owned outright and 29.3% is privately owned with a mortgage.
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 The Close, Reading, 10.2% of residents are recorded as possessing school level qualifications and 34.7% 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 The Close, Reading, the average age was 40.5 and the most common age was 47.
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 The Close, Reading, 3.6% 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 The Close, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
