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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, Lancaster Close, Reading is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 527 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, Lancaster Close, Reading is £668,143 and the estimated rental value is £3,147 per month.
Lancaster Close, Reading, RG1 is located within the RG1 postal district.
2, Lancaster Close, Reading has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Lancaster Close, Reading is in very good condition we estimate a sale value of £701,551 and a rental value of £3,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £621,373 and a rental value of £2,927 per month.
Over the last 12 months the sale value of 2 Lancaster Close Reading has decreased by an estimated £18,599 (2.8%) and its rental value has increased by an estimated £62 per month (2.0%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Lancaster Close, Reading sits on a plot of 527m2.
We have plot size data on 19 out of 19 other houses in the postcode and 2, Lancaster Close, Reading sits on the 9th largest plot.
2, Lancaster Close, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lancaster Close, Reading was last sold on 4th October 2024 for £710,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2024, the market for similar properties has dropped 34.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lancaster Close, Reading within a radius of 540 metres over the last 2 years.
The most recent example is 15, Lancaster Close, Reading, RG1 5HB, a freehold house which sold for £725,000 on the 3rd February 2025.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Close, Reading, RG1 has a total of 19 addresses. According to our analysis of all the public data, 2, Lancaster Close, Reading is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £372k more expensive than the average property in RG1.
The closest station to 2, Lancaster Close, Reading is Reading station which is 1.7 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, Lancaster Close, Reading, 40.3% of property is privately rented and 29.0% 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, Lancaster Close, Reading, 26.5% of residents are recorded as possessing school level qualifications and 59.4% 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, Lancaster Close, Reading, the average age was 33.9 and the most common age was 22.
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, Lancaster Close, Reading, 1.5% 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, Lancaster Close, Reading, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
