2, Wood Lane
2, Wood Lane
Description & Estimates
The public record lists 2, Wood Lane, Reading as a freehold house sitting on a 593 m2 plot.
Comparison with its neighbours suggests a modern house with 1,187 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
2, Wood Lane, Reading has an estimated sale value of £522,449 and an estimated rental value of £2,100 per month, assuming reasonable condition and based on the information available.
Wood Lane, Sonning Common, Reading, RG4 lies in the borough of South Oxfordshire, within the RG4 postal district.
Our Data Sources
2, Wood Lane, Reading has 21 entries in the Land Registry , most recently in September 2017 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.
Price Range & Condition
In very good condition, we estimate 2, Wood Lane, Reading would be worth £548,572, with a potential rental value of £2,205 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £485,878, with a rental value of £1,953 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Wood Lane, Reading has decreased by £11,442 (2.2%) over the last year. During the same period, its estimated monthly rental value has grown by £40 (1.9%). The property's estimated gross yield is currently 4.8%.
Plot Size
2, Wood Lane, Reading occupies a 593 m2 plot as recorded by HM Land Registry.
Of the 39 other houses in this postcode, 34 have recorded plot sizes, and this one ranks as the 12th largest.
Sold Prices
2, Wood Lane, Reading last changed hands on 11th September 2017, selling for £519,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.4% since September 2017.
- Sold Sep 2017£519,000
- Sold Mar 2006£262,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 2, Wood Lane, Reading across the last 2 years.
Most recently, 11, Wood Lane, Reading, RG4 9SJ, a freehold house, sold at £725,000 on the 18th April 2023.
Read more about house prices in RG4.
- Sold Apr 2023£725,000 | 4 Bed House11, Wood Lane, Reading, RG4 9SJ11, Wood Lane, Reading, RG4 9SJ
- Sold Sep 2021£500,000 | 3 Bed House4, Hillview Close, Reading, RG4 9FA4, Hillview Close, Reading, RG4 9FA
- Sold Feb 2021£525,000 | 3 Bed House3, Hillview Close, Reading, RG4 9FA3, Hillview Close, Reading, RG4 9FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Wood Lane, Reading as the 49th largest and the 51st most expensive of the 97 addresses on Wood Lane, Sonning Common, Reading, RG4.
Against the RG4 postcode district average, it is £38k less expensive than the typical property.
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Schools Nearby
- 300mSonning Common Primary School
- 1.3kmKidmore End Church of England Primary School
- 1.5kmPeppard Church of England Primary School
- 700mMaiden Erlegh Chiltern Edge
- 3.9kmHighdown School and Sixth Form Centre
- 4.3kmGillotts School
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Public Transport Nearby
Henley-on-Thames station is the nearest stop to 2, Wood Lane, Reading at 6.0 kilometres away.
- 6.0kmHenley-on-Thames
- 6.0kmTilehurst
- 6.5kmReading
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
