261, Southcote Lane
261, Southcote Lane
Description & Estimates
Public records show 261, Southcote Lane, Reading to be a mid-century freehold house with 1,140 ft2 of internal area, sitting on a 254 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
261, Southcote Lane, Reading has an estimated sale value of £406,398 and an estimated rental value of £1,807 per month, assuming reasonable condition and based on the information available.
Southcote Lane, Reading, RG30 lies within the RG30 postal district.
Our Data Sources
261, Southcote Lane, Reading has 31 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 261, Southcote Lane, Reading would be worth £426,718, with a potential rental value of £1,897 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £377,950, with a rental value of £1,681 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 261, Southcote Lane, Reading has fallen by £9,739 (2.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (2.0%). The property's estimated gross yield is currently 5.3%.
Plot Size
261, Southcote Lane, Reading occupies a 254 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
261, Southcote Lane, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
261, Southcote Lane, Reading last changed hands on 13th October 2023, selling for £410,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 6.8% since October 2023.
- Sold Oct 2023£410,000
- Sold Jul 2001£128,000
- Sold Aug 1995£70,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 261, Southcote Lane, Reading across the last 2 years.
Most recently, 50, Vine Crescent, Reading, RG30 3LU, a freehold house, sold at £405,000 on the 15th December 2023.
Read more about house prices in RG30.
•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 261, Southcote Lane, Reading as the 62nd largest and the 77th most expensive of the 372 addresses on Southcote Lane, Reading, RG30.
Against the RG30 postcode district average, it is £75k more expensive than the typical property.
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Schools Nearby
- 200mManor Primary School
- 700mSouthcote Primary School
- 800mKennet Valley Primary School
- 700mKing's Academy Prospect
- 800mBlessed Hugh Faringdon Catholic School
- 1.1kmThe WREN School
More reading links
Public Transport Nearby
Reading Green Park station is the nearest stop to 261, Southcote Lane, Reading at 2.0 kilometres away.
- 2.0kmReading Green Park
- 2.2kmReading West
- 3.4kmTilehurst
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
