119, Long Lane
119, Long Lane
Description & Estimates
119, Long Lane, Reading is recorded publicly as a mid-century freehold house across 3,013 ft2 of internal area, sitting on a 792 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 119, Long Lane, Reading is £956,821 and its rental estimate is £3,494 per month, given the available information and assuming reasonable condition.
Long Lane, Tilehurst, Reading, RG31 falls within the RG31 postal district.
Our Data Sources
119, Long Lane, Reading has 2 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property 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 119, Long Lane, Reading, we estimate a market value of £1,004,662 and a rental value of £3,669 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £889,843 and £3,250 per month respectively.
Recent Market Change
Over the last year, 119, Long Lane, Reading has seen its estimated sale value fall by £28,559 (3.0%) and its estimated rental value move up by £44 per month (1.3%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 119, Long Lane, Reading as measuring 792 m2.
That makes it the 27th largest plot in the postcode, where 44 of the 49 other houses have recorded plot data.
Energy Efficiency
119, Long Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 119, Long Lane, Reading completed on 1st September 2020 at £790,000 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 8.4% over the period since September 2020.
- Sold Sep 2020£790,000
- Sold Jun 2016£395,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 119, Long Lane, Reading have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2022, was 35, Stoneham Park, Reading, RG31 5BP, a freehold house which sold for £950,000.
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 124 addresses on Long Lane, Tilehurst, Reading, RG31, 119, Long Lane, Reading comes out as the 10th largest and the 13th most expensive in our analysis of the public data.
It is also £527k more expensive than the average property across the RG31 district.
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Schools Nearby
- 200mDownsway Primary School
- 800mWestwood Farm Junior School
- 800mWestwood Farm Infant School
- 200mDenefield School
- 1.7kmLittle Heath School
- 3.5kmKing's Academy Prospect
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Public Transport Nearby
From 119, Long Lane, Reading, the nearest station is Tilehurst, 1.7 kilometres away.
- 1.7kmTilehurst
- 3.0kmPangbourne
- 4.3kmTheale
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.
