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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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According to the public record, 27, Lance Way, Reading is a freehold house that sits on a 236 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 1,178 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Lance Way, Reading is £550,762 and the estimated rental value is £2,416 per month.
Lance Way, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
27, Lance Way, Reading has a single entry in the Land Registry from February 2021 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 5 out of 5 and is considered of high accuracy.
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 27, Lance Way, Reading is in very good condition we estimate a sale value of £578,300 and a rental value of £2,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,209 and a rental value of £2,247 per month.
Over the past 12 months, the estimated sale value of 27, Lance Way, Reading has decreased by £14,781 (2.7%), while its estimated rental value has grown by £57 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.3%.
According to data from HM Land Registry, 27, Lance Way, Reading sits on a plot of 236 m2.
We have plot size data on 20 out of 22 other houses in the postcode and 27, Lance Way, Reading sits on the 10th largest plot.
According to HM Land Registry, 27, Lance Way, Reading was last sold on 5th February 2021 for £505,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has dropped by 5.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Lance Way, Reading within a radius of 700 metres over the last 2 years.
The most recent example is 2, Lance Way, Reading, RG2 9YY, a freehold house which sold for £545,000 on the 8th September 2023.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lance Way, Arborfield Green, Reading, RG2 has a total of 29 addresses. According to our analysis of all the public data, 27, Lance Way, Reading is the 18th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £177k more expensive than the average property in RG2.
The closest station to 27, Lance Way, Reading is Wokingham station, which is 5.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Lance Way, Reading, % of property is and % is .
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 27, Lance Way, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 27, Lance Way, Reading, 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 27, Lance Way, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
