According to the public record, 4, Wavell Close, Reading is a mid-century house with 990 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wavell Close, Reading, RG2 is located within the RG2 postal district.
4, Wavell Close, Reading has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 4 Wavell Close Reading as £378,969 and the rental value as £1,790 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 4 Wavell Close Reading has decreased by £5,528 (1.5%) and its rental value has increased by £75 per month (4.2%).
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 4, Wavell Close, Reading is in very good condition we estimate a sale value of £397,917 and rental value of £1,879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,441 and a rental value of £1,664 per month.
If you were able to purchase this property for the estimated value of £378,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,863 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Wavell Close, Reading within a radius of 145m over the last 2 years.
The most recent example is 56, Westlands Avenue, Reading, RG2 8EW, a Freehold house which sold for £355,000 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, 4, Wavell Close, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in RG2.
4, Wavell Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2022.
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 4, 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 4, 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 4, 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 4, 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 4, 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 4, 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.