According to the public record, 5, Malvern Close, Reading is a mid-century freehold house with 818 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malvern Close, Woodley, Reading, RG5 is located within the RG5 postal district.
5, Malvern Close, Reading has 2 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated August 2012.
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 5 Malvern Close Reading as £415,215 and the rental value as £1,567 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 5 Malvern Close Reading has decreased by £4,517 (1.1%) and its rental value has increased by £50 per month (3.2%).
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 5, Malvern Close, Reading is in very good condition we estimate a sale value of £435,975 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,150 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £415,215, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,041 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 data from HM Land Registry, 5, Malvern Close, Reading sits on a plot of 288m2.
We have plot size data on 3 out of 6 other houses in the postcode and 5, Malvern Close, Reading sits on the 3rd largest plot.
According to HM Land Registry, 5, Malvern Close, Reading was last sold on 09 Nov 2021 for £420,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Malvern Close, Reading within a radius of 590 metres over the last 2 years.
The most recent example is 59, Malvern Close, Reading, RG5 4HL, a Freehold house which sold for £410,000 in Jan 2024.
Read more about house prices in RG5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malvern Close, Woodley, Reading, RG5 has a total of 61 addresses. According to our analysis of all the public data, 5, Malvern Close, Reading is the 50th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in RG5.
5, Malvern Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Aug 2012.
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 5, Malvern Close, Reading is Earley station which is 1.5 kilometres 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 5, Malvern Close, Reading, 50.0% of property is privately owned outright and 22.3% is socially rented.
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 5, Malvern Close, Reading, 13.2% of residents are recorded as possessing school level qualifications and 28.3% 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 5, Malvern Close, Reading, the average age was 40.3 and the most common age was 7.
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 5, Malvern Close, Reading, 2.6% 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 5, Malvern Close, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.