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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
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The public record lists 2, Mill Lane, Reading as a freehold house.
Comparison with its neighbours suggests a period house with 968 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
2, Mill Lane, Reading has an estimated sale value of £453,846 and an estimated rental value of £1,730 per month, assuming reasonable condition and based on the information available.
Mill Lane, Padworth, Reading, RG7 lies within the RG7 postal district.
2, Mill Lane, Reading has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 2, Mill Lane, Reading would be worth £476,538, with a potential rental value of £1,816 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £422,077, with a rental value of £1,608 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Mill Lane, Reading has moved down by £9,542 (2.1%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.3%). The property's estimated gross yield is currently 4.6%.
2, Mill Lane, Reading last changed hands on 31st August 2007, selling for £235,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 58.3% since August 2007.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.6 kilometres of 2, Mill Lane, Reading across the last 2 years.
Most recently, 23, Fallows Road, Reading, RG7 4GU, a freehold house, sold at £460,000 on the 4th July 2025.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Mill Lane, Reading as the 22nd largest and the 20th most expensive of the 36 addresses on Mill Lane, Padworth, Reading, RG7.
Against the RG7 postcode district average, it is £85k less expensive than the typical property.
Aldermaston station is the nearest stop to 2, Mill Lane, Reading at 500 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mill Lane, Reading, 47.0% of property is privately owned with a mortgage and 20.1% 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, Mill Lane, Reading, 21.1% of residents are recorded as possessing school level qualifications and 43.3% 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, Mill Lane, Reading, the average age was 42.7 and the most common age was 47.
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, Mill Lane, Reading, 0.6% 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, Mill Lane, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
