According to the public record, 20, Wavell Close, Reading is a mid-century leasehold apartment and with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Wavell Close, Reading, RG2 is located within the RG2 postal district.
20, Wavell Close, Reading has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Wavell Close Reading as £165,399 and the rental value as £927 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 20 Wavell Close Reading has increased by £299 (0.2%) and its rental value has increased by £55 per month (5.9%).
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 20, Wavell Close, Reading is in very good condition we estimate a sale value of £173,669 and rental value of £974 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,821 and a rental value of £862 per month.
If you were able to purchase this property for the estimated value of £165,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £813 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 20, Wavell Close, Reading was last sold on 12 Apr 2019 for £172,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Wavell Close, Reading within a radius of 158m over the last 2 years.
The most recent example is 12, Valentine Close, Reading, RG2 8EU, a Leasehold flat which sold for £177,000 in Jul 2023.
Read more about house prices in RG2.
Wavell Close, Reading, RG2 has a total of 24 addresses. According to our analysis of all the public data, 20, Wavell Close, Reading is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in RG2.
20, Wavell Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 20, Wavell Close, Reading is Earley station which is 2.5 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Wavell Close, Reading, 42.1% of property is socially rented and 23.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 20, Wavell Close, Reading, 18.8% of residents are recorded as possessing school level qualifications and 35.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 20, Wavell 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 20, Wavell Close, Reading, 0.6% 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 20, Wavell Close, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.