40A Wallace Close, Woodley, Reading, RG5 3HW is a leasehold flat built between 1967-1975. The property offers approximately 700 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £234,899 , which equates to approximately £336 per square foot. It was last sold on 12 Oct 2023 for £230,000. Since then, the value has increased by £4,899, representing a 2.1% increase, or approximately 1.0% per year.

The current estimated value of £234,899 is:

  • 21.3% lower than the average property price on Wallace Close
  • 20.9% lower than the average in the RG5 3HW postcode area
  • and 54.8% lower than the average price for Reading as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 March 2023, the property was recorded as owner-occupied.

View sold house prices in RG5 3HW

Building approximate location

About Property

Type
Terraced Maisonette
Built
1967-1975
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£234,899
Price Per sq ft (estimate)
£336
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40A Wallace Close, Woodley, Reading, Wokingham, RG5 3HW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 Mar 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 21 Jun 2011, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 29.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG5 3HW

46 th / 58
Price Rank
21% lower than average
25 th / 43
Size Rank
10% smaller than average
32 nd / 43
Price Per Sq FT Rank
12% lower than average

Compared to other properties in RG5 3HW , this maisonette's estimated value ranks 46th out of 58. Based on price per square foot, it ranks 32th out of 43 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 25th out of 43 properties in its postcode area.

Sale History

Today
£234,899
streetscan.co.uk estimate
+2 %
12 Oct 2023
£230,000
Leasehold
+47.4 %
23 Mar 2012
£156,000
Leasehold
+7.6 %
2 Nov 2005
£145,000
Leasehold
+48 %
31 May 2001
£98,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 786 sq ft
sale price: £255,000
sale date: 31 Jan 2025
rooms: 3
size: 678 sq ft
sale price: £285,000
sale date: 13 Sep 2024
rooms: 3
size: 678 sq ft
sale price: £240,000
sale date: 16 Feb 2024
rooms: 3
size: 678 sq ft
sale price: £250,000
sale date: 17 Oct 2023
rooms: 3
size: 732 sq ft
sale price: £168,000
sale date: 28 Feb 2023

Data Sources

The property at 40A Wallace Close, Woodley, Reading, RG5 3HW appears four times in the Land Registry records, with the latest transaction recorded on 12 Oct 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Mar 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.