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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Lanark Close, Reading is a mid-century freehold house with 1,248 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lanark Close, Reading is £504,694 and the estimated rental value is £1,894 per month.
Lanark Close, Woodley, Reading, RG5 is located within the RG5 postal district.
2, Lanark Close, Reading has 31 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lanark Close, Reading is in very good condition we estimate a sale value of £529,929 and a rental value of £1,988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,366 and a rental value of £1,761 per month.
Over the last 12 months the sale value of 2 Lanark Close Reading has decreased by an estimated £15,035 (3.0%) and its rental value has increased by an estimated £32 per month (1.7%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 2, Lanark Close, Reading sits on a plot of 213m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Lanark Close, Reading sits on the 7th largest plot.
2, Lanark Close, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lanark Close, Reading was last sold on 25th September 2015 for £393,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2015, the market for similar properties has risen 27.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lanark Close, Reading within a radius of 680 metres over the last 2 years.
The most recent example is 47, Cypress Road, Reading, RG5 4BD, a freehold house which sold for £485,000 on the 15th March 2024.
Read more about house prices in RG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lanark Close, Woodley, Reading, RG5 has a total of 7 addresses. According to our analysis of all the public data, 2, Lanark Close, Reading is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in RG5.
The closest station to 2, Lanark Close, Reading is Winnersh Triangle station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lanark Close, Reading, 46.5% of property is privately owned with a mortgage and 44.0% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lanark Close, Reading, 24.1% of residents are recorded as possessing school level qualifications and 42.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lanark Close, Reading, the average age was 38 and the most common age was 37.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lanark Close, Reading, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lanark Close, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
