2, Mclaren Place
2, Mclaren Place
Description & Estimates
According to the public record, 2, Mclaren Place, Wokingham is a modern freehold house with 990 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mclaren Place, Wokingham is £568,370 and the estimated rental value is £2,028 per month.
Mclaren Place, Wokingham, RG40 is located within the RG40 postal district.
Our Data Sources
2, Mclaren Place, Wokingham has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Mclaren Place, Wokingham is in very good condition we estimate a sale value of £596,788 and a rental value of £2,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £528,584 and a rental value of £1,886 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Mclaren Place, Wokingham has moved down by £7,500 (1.3%), while its estimated rental value has increased by £42 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Energy Efficiency
2, Mclaren Place, Wokingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 May 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Mclaren Place, Wokingham was last sold on 28th June 2024 for £556,796 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has risen by 4.0%.
- Sold Jun 2024£556,796
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, Mclaren Place, Wokingham within a radius of 700 metres over the last 2 years.
The most recent example is 37, Deacon Close, Wokingham, RG40 1WF, a freehold house which sold for £610,000 on the 25th November 2024.
Read more about house prices in RG40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mclaren Place, Wokingham, RG40 has a total of 19 addresses. According to our analysis of all the public data, 2, Mclaren Place, Wokingham is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in RG40.
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Schools Nearby
- 800mAll Saints Church of England Primary School
- 800mKeep Hatch Primary School
- 800mSt Cecilia's CofE Primary School
- 800mThe Holt School
- 1.3kmThe Emmbrook School
- 1.3kmSt Crispin's School
More reading links
Public Transport Nearby
The closest station to 2, Mclaren Place, Wokingham is Wokingham station, which is 1.3 kilometres away.
- 1.3kmWokingham
- 3.2kmWinnersh
- 4.4kmWinnersh Triangle
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
