Our Data Sources
124, Park Lane, Reading has 71 entries in the Land Registry, most recently in May 2023 and a single entry in the EPC database dated January 2023.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate 124, Park Lane, Reading would be worth £310,815, with a potential rental value of £1,436 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £275,293, with a rental value of £1,272 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
124, Park Lane, Reading occupies a 189 m2 plot as recorded by HM Land Registry.
All 22 other houses in this postcode have recorded plot sizes, and this one ranks as the 19th largest.
Energy Efficiency
124, Park Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
124, Park Lane, Reading last changed hands on 26th May 2023, selling for £315,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 7 times since 1995.
The market for similar properties has dropped by 2.7% since May 2023.
- Sold May 2023£315,000
- Sold Jun 2018£287,500
- Sold Apr 2014£206,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 6 sales of comparable properties within 580 metres of 124, Park Lane, Reading since 2015.
Most recently, 12, Grafton Road, Reading, RG30 4QJ, a freehold house, sold at £323,000 on the 21st March 2022.
Read more about house prices in RG31.
- Sold Mar 2022£323,000 | 2 Bed House12, Grafton Road, Reading, RG30 4QJ12, Grafton Road, Reading, RG30 4QJ
- Sold Jan 2021£295,000 | 2 Bed House19, Glenwood Drive, Reading, RG31 4HE19, Glenwood Drive, Reading, RG31 4HE
- Sold Nov 2019£290,000 | 2 Bed House7, City Road, Reading, RG31 4HA7, City Road, Reading, RG31 4HA
- Sold Sep 2018£285,000 | 2 Bed House22, Glenwood Drive, Reading, RG31 4HE22, Glenwood Drive, Reading, RG31 4HE
- Sold Apr 2016£275,000 | 2 Bed House76 Norfolk Cottages, Pegasus Court, Reading, RG31 5DB76 Norfolk Cottages, Pegasus Court, Reading, RG31 5DB
Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Explore Nearby Properties
The surrounding properties have an average estimated value of £378,518, ranging from £292,348 to £462,156.
- 126 Park Lane
3 Bed House | 4 m | Est. Value: £382,208
- 122 Park Lane
2 Bed House | 5 m | Est. Value: £331,396
- 128 Park Lane
2 Bed House | 8 m | Est. Value: £337,065
- 120 Park Lane
4 Bed House | 14 m | Est. Value: £462,156
- 118 Park Lane
3 Bed House | 19 m | Est. Value: £395,945
Location Comparison
Our analysis of the public data ranks 124, Park Lane, Reading as the 137th largest and the 122nd most expensive of the 139 addresses on Park Lane, Tilehurst, Reading, RG31.
Against the RG31 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- St Paul's Catholic Primary School300 m away
- Park Lane Primary School500 m away
- Springfield Primary School600 m away
- Little Heath School900 m away
- King's Academy Prospect2.0 km away
- Denefield School2.2 km away
More reading links
Public Transport Nearby
- Tilehurst|2.4 km away
- Theale|2.9 km away
- Reading West|3.9 km away
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
