126, Park Lane
126, Park Lane
Description & Estimates
Public records show 126, Park Lane, Reading to be an early-century freehold house with 796 ft2 of internal area, sitting on a 187 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
126, Park Lane, Reading has an estimated sale value of £375,366 and an estimated rental value of £1,726 per month, assuming reasonable condition and based on the information available.
Park Lane, Tilehurst, Reading, RG31 lies within the RG31 postal district.
Our Data Sources
126, Park Lane, Reading has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated July 2022.
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
In very good condition, we estimate 126, Park Lane, Reading would be worth £394,135, with a potential rental value of £1,812 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £349,091, with a rental value of £1,605 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 126, Park Lane, Reading has fallen by £8,092 (2.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £37 (2.1%). The property's estimated gross yield is currently 5.5%.
Plot Size
126, Park Lane, Reading occupies a 187 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 20th largest.
Energy Efficiency
126, Park Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
126, Park Lane, Reading last changed hands on 31st October 2022, selling for £400,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 4.4% since October 2022.
- Sold Oct 2022£400,000
- Sold Sep 2004£188,500
- Sold Dec 1998£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 126, Park Lane, Reading across the last 2 years.
Most recently, 40, Lansdowne Road, Reading, RG30 4QU, a freehold house, sold at £345,000 on the 29th August 2025.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 126, Park Lane, Reading as the 88th largest and the 71st most expensive of the 139 addresses on Park Lane, Tilehurst, Reading, RG31.
Against the RG31 postcode district average, it is £55k less expensive than the typical property.
More reading links
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
More reading links
Public Transport Nearby
Tilehurst station is the nearest stop to 126, Park Lane, Reading at 2.4 kilometres away.
- 2.4kmTilehurst
- 2.9kmTheale
- 3.9kmReading West
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
