2, Lanesborough Street
2, Lanesborough Street
Description & Estimates
According to the public record, 2, Lanesborough Street, Reading is a modern freehold house with 1,539 ft2 of internal area.
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, Lanesborough Street, Reading is £645,157 and the estimated rental value is £2,383 per month.
Lanesborough Street, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
2, Lanesborough Street, Reading has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated March 2024.
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
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, Lanesborough Street, Reading is in very good condition we estimate a sale value of £677,415 and a rental value of £2,502 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £599,996 and a rental value of £2,216 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Lanesborough Street, Reading has moved down by £17,315 (2.7%), while its estimated rental value has increased by £56 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Energy Efficiency
2, Lanesborough Street, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 2, Lanesborough Street, Reading was last sold on 9th August 2024 for £693,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped by 11.3%.
- Sold Aug 2024£693,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lanesborough Street, Reading within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 4, Lanesborough Street, Reading, RG2 6BS, a freehold house which sold for £715,000 on the 23rd October 2024.
Read more about house prices in RG2.
- Sold Oct 2024£715,000 | 4 Bed House4, Lanesborough Street, Reading, RG2 6BS4, Lanesborough Street, Reading, RG2 6BS
- Sold May 2024£706,875 | 4 Bed House6, Lanesborough Street, Reading, RG2 6BS6, Lanesborough Street, Reading, RG2 6BS
- Sold May 2024£689,975 | 4 Bed House1, Fairhaven Drive, Reading, RG2 6BQ1, Fairhaven Drive, Reading, RG2 6BQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lanesborough Street, Reading, RG2 has a total of 12 addresses. According to our analysis of all the public data, 2, Lanesborough Street, Reading is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £272k more expensive than the average property in RG2.
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Schools Nearby
- 400mGreen Park Village Primary Academy
- 1.8kmSouthcote Primary School
- 1.8kmWhitley Park Primary and Nursery School
- 2.1kmBlessed Hugh Faringdon Catholic School
- 2.1kmHartland High School
- 2.2kmThe WREN School
More reading links
Public Transport Nearby
The closest station to 2, Lanesborough Street, Reading is Reading Green Park station, which is 600 metres away.
- 600mReading Green Park
- 3.1kmReading West
- 3.6kmReading
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
