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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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2, Tanhouse Lane, Wokingham is recorded publicly as a mid-century leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2, Tanhouse Lane, Wokingham is £259,193 and its rental estimate is £1,264 per month, given the available information and assuming reasonable condition.
Tanhouse Lane, Wokingham, RG41 falls within the RG41 postal district.
2, Tanhouse Lane, Wokingham has 31 entries in the Land Registry , most recently in October 2007 and a single entry in the EPC database dated January 2019.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Tanhouse Lane, Wokingham, we estimate a market value of £272,153 and a rental value of £1,327 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £241,050 and £1,175 per month respectively.
Over the last year, 2, Tanhouse Lane, Wokingham has seen its estimated sale value fall by £6,037 (2.3%) and its estimated rental value move up by £18 per month (1.4%). This results in an estimated gross rental yield of 5.9%.
2, Tanhouse Lane, Wokingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of 2, Tanhouse Lane, Wokingham completed on 18th October 2007 at £188,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 33.7% over the period since October 2007.
Over the past 2 years 3 properties similar to 2, Tanhouse Lane, Wokingham have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2023, was 1, Tanhouse Lane, Wokingham, RG41 2RL, a leasehold flat which sold for £3,500.
Read more about house prices in RG41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Tanhouse Lane, Wokingham, RG41, 2, Tanhouse Lane, Wokingham comes out as the 14th largest and the 23rd most expensive in our analysis of the public data.
It is also £280k less expensive than the average property across the RG41 district.
From 2, Tanhouse Lane, Wokingham, the nearest station is Wokingham, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated high, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Tanhouse Lane, Wokingham, 31.0% of property is privately rented and 29.0% is privately owned with a mortgage.
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, Tanhouse Lane, Wokingham, 17.1% of residents are recorded as possessing school level qualifications and 37.9% 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, Tanhouse Lane, Wokingham, the average age was 41.9 and the most common age was 32.
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, Tanhouse Lane, Wokingham, 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, Tanhouse Lane, Wokingham, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
