3, Meadow Lane
3, Meadow Lane
Description & Estimates
3, Meadow Lane, Reading is recorded publicly as a period freehold house across 721 ft2 of internal area, sitting on a 376 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Meadow Lane, Reading is £547,104 and its rental estimate is £1,501 per month, given the available information and assuming reasonable condition.
Meadow Lane, Pangbourne, Reading, RG8 falls within the RG8 postal district.
Our Data Sources
3, Meadow Lane, Reading has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 3, Meadow Lane, Reading, we estimate a market value of £574,459 and a rental value of £1,577 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £508,807 and £1,396 per month respectively.
Recent Market Change
Over the last year, 3, Meadow Lane, Reading has seen its estimated sale value drop by £13,647 (2.5%) and its estimated rental value rise by £21 per month (1.4%). This results in an estimated gross rental yield of 3.3%.
Plot Size
HM Land Registry records the plot of land for 3, Meadow Lane, Reading as measuring 376 m2.
That makes it the 2nd largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
3, Meadow Lane, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Meadow Lane, Reading completed on 22nd September 2023 at £585,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 15.8% over the period since September 2023.
- Sold Sep 2023£585,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Meadow Lane, Reading have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th May 2022, was 65, Horseshoe Road, Reading, RG8 7JL, a freehold house which sold for £475,000.
Read more about house prices in RG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Meadow Lane, Pangbourne, Reading, RG8, 3, Meadow Lane, Reading comes out as the 12th largest and the 5th most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the RG8 district.
More reading links
Schools Nearby
- 400mPangbourne Primary School
- 1.1kmWhitchurch Primary School
- 2.2kmLong Lane Primary School
- 2.3kmDenefield School
- 3.5kmLittle Heath School
- 5.0kmTheale Green School
More reading links
Public Transport Nearby
From 3, Meadow Lane, Reading, the nearest station is Pangbourne, 600 metres away.
- 600mPangbourne
- 4.0kmTilehurst
- 5.4kmTheale
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
