According to the public record, 10A, Moreleigh Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,425 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Moreleigh Close, Reading, RG2 is located within the RG2 postal district.
10A, Moreleigh Close, Reading has a single entry in the Land Registry database from February 2023 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10A Moreleigh Close Reading as £396,760 and the rental value as £1,797 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 10A Moreleigh Close Reading has decreased by £8,933 (2.3%) and its rental value has increased by £62 per month (3.4%).
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 10A, Moreleigh Close, Reading is in very good condition we estimate a sale value of £416,598 and rental value of £1,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,987 and a rental value of £1,671 per month.
If you were able to purchase this property for the estimated value of £396,760, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,950 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, 10A, Moreleigh Close, Reading was last sold on 10 Feb 2023 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10A, Moreleigh Close, Reading within a radius of 276m over the last 2 years.
The most recent example is 86, Ambrook Road, Reading, RG2 8SW, a Freehold house which sold for £405,000 in Jul 2023.
Read more about house prices in RG2.
Moreleigh Close, Reading, RG2 has a total of 19 addresses. According to our analysis of all the public data, 10A, Moreleigh Close, Reading is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in RG2.
The closest station to 10A, Moreleigh Close, Reading is Reading Green Park station which is 2.4 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 10A, Moreleigh Close, Reading, 38.7% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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 10A, Moreleigh Close, Reading, 22.4% of residents are recorded as possessing school level qualifications and 28.7% 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 10A, Moreleigh Close, Reading, the average age was 37.7 and the most common age was 37.
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 10A, Moreleigh Close, Reading, 0.0% 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 10A, Moreleigh 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.