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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
According to the public record, 3, Lorne Street, Reading is a mid-century house with 182 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Lorne Street, Reading is £135,623 and the estimated rental value is £869 per month.
Lorne Street, Reading, RG1 is located within the RG1 postal district.
3, Lorne Street, Reading has no records in the the Land Registry and a single entry in the EPC database dated March 2018.
We combine this information with public data 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.
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 3, Lorne Street, Reading is in very good condition we estimate a sale value of £142,404 and a rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,129 and a rental value of £808 per month.
Over the last 12 months the sale value of 3 Lorne Street Reading has decreased by an estimated £3,433 (2.5%) and its rental value has increased by an estimated £19 per month (2.2%), giving an expected gross yield of 7.7%.
3, Lorne Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Lorne Street, Reading within a radius of 350 metres over the last 2 years.
The most recent example is 2B, Curzon Street, Reading, RG30 1DB, a freehold house which sold for £279,950 on the 4th January 2018.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Street, Reading, RG1 has a total of 87 addresses. According to our analysis of all the public data, 3, Lorne Street, Reading is the 87th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in RG1.
The closest station to 3, Lorne Street, Reading is Reading West station which is 200 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Lorne Street, Reading, 66.0% of property is privately rented and 16.0% is privately owned outright.
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 3, Lorne Street, Reading, 16.7% of residents are recorded as possessing school level qualifications and 42.7% 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 3, Lorne Street, Reading, the average age was 34 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 3, Lorne Street, 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 3, Lorne Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
