290, Southcote Lane
290, Southcote Lane
Description & Estimates
290, Southcote Lane, Reading is described in the public record as a mid-century apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 290, Southcote Lane, Reading is £211,652 and its rental estimate is £1,130 per month, given the available information and assuming reasonable condition.
Southcote Lane, Reading, RG30 falls within the RG30 postal district.
Our Data Sources
290, Southcote Lane, Reading has no records in the the Land Registry and a single entry in the EPC database dated July 2013.
We combine this information with public data 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
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 290, Southcote Lane, Reading, we estimate a market value of £222,234 and a rental value of £1,186 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,836 and £1,051 per month respectively.
Recent Market Change
Over the last year, 290, Southcote Lane, Reading has seen its estimated sale value drop by £4,408 (2.1%) and its estimated rental value rise by £21 per month (1.9%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
290, Southcote Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 290, Southcote Lane, Reading have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2019, was 1 Old Kennels Court, Burghfield Road, Reading, RG30 3NS, a leasehold flat which sold for £185,000.
Read more about house prices in RG30.
- Sold Dec 2019£185,000 | 2 Bed FlatBurghfield Road1 Old Kennels Court, Burghfield Road, Reading, RG30 3NS
- Sold Mar 2019£335,000 | 2 Bed Flat14, Ainsdale CrescentFlat 1, 14, Ainsdale Crescent, Reading, RG30 3NG
- Sold Nov 2017£205,000 | 2 Bed FlatBurghfield Road19 Old Kennels Court, Burghfield Road, Reading, RG30 3NS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 372 addresses on Southcote Lane, Reading, RG30, 290, Southcote Lane, Reading comes out as the 327th largest and the 335th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the RG30 district.
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Schools Nearby
- 100mManor Primary School
- 600mKennet Valley Primary School
- 900mSouthcote Primary School
- 500mKing's Academy Prospect
- 1.0kmBlessed Hugh Faringdon Catholic School
- 1.3kmThe WREN School
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Public Transport Nearby
From 290, Southcote Lane, Reading, the nearest station is Reading Green Park, 2.2 kilometres away.
- 2.2kmReading Green Park
- 2.4kmReading West
- 3.3kmTilehurst
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
