114, Park Lane
114, Park Lane
Description & Estimates
114, Park Lane, Reading appears in the public record as a freehold house sitting on a 284 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,085 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 114, Park Lane, Reading is £443,035 and its rental estimate is £1,913 per month, given the available information and assuming reasonable condition.
Park Lane, Tilehurst, Reading, RG31 falls within the RG31 postal district.
Our Data Sources
114, Park Lane, Reading has 21 entries in the Land Registry , most recently in October 2008 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.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 114, Park Lane, Reading, we estimate a market value of £465,187 and a rental value of £2,009 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £412,022 and £1,780 per month respectively.
Recent Market Change
Over the last year, 114, Park Lane, Reading has seen its estimated sale value drop by £9,551 (2.2%) and its estimated rental value rise by £41 per month (2.1%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 114, Park Lane, Reading as measuring 284 m2.
That makes it the 6th largest plot in the postcode, where all 22 other houses have recorded plot data.
Sold Prices
The most recent sale of 114, Park Lane, Reading completed on 13th October 2008 at £242,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 79.0% over the period since October 2008.
- Sold Oct 2008£242,000
- Sold Jun 2004£205,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 114, Park Lane, Reading have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th February 2026, was 4, Grafton Road, Reading, RG30 4QJ, a freehold house which sold for £475,000.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 139 addresses on Park Lane, Tilehurst, Reading, RG31, 114, Park Lane, Reading comes out as the 44th largest and the 39th most expensive in our analysis of the public data.
It is also £13k more expensive than the average property across the RG31 district.
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Schools Nearby
- 300mSt Paul's Catholic Primary School
- 500mPark Lane Primary School
- 600mSpringfield Primary School
- 900mLittle Heath School
- 2.0kmKing's Academy Prospect
- 2.2kmDenefield School
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Public Transport Nearby
From 114, Park Lane, Reading, the nearest station is Tilehurst, 2.4 kilometres away.
- 2.4kmTilehurst
- 2.9kmTheale
- 3.9kmReading West
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
