3, Mill Lane
3, Mill Lane
Description & Estimates
3, Mill Lane, Reading is recorded publicly as a period freehold house across 592 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Mill Lane, Reading is £339,616 and its rental estimate is £1,367 per month, given the available information and assuming reasonable condition.
Mill Lane, Padworth, Reading, RG7 falls within the RG7 postal district.
Our Data Sources
3, Mill Lane, Reading has 2 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Mill Lane, Reading, we estimate a market value of £356,596 and a rental value of £1,435 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £315,843 and £1,271 per month respectively.
Recent Market Change
Over the last year, 3, Mill Lane, Reading has seen its estimated sale value fall by £5,608 (1.7%) and its estimated rental value move up by £29 per month (2.1%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
3, Mill Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Aug 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Mill Lane, Reading completed on 30th November 2012 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 55.5% over the period since November 2012.
- Sold Nov 2012£210,000
- Sold Oct 2010£190,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Mill Lane, Reading have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2025, was Thornford House, Mill Lane, Reading, RG7 4GD, a freehold house which sold for £332,500.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Mill Lane, Padworth, Reading, RG7, 3, Mill Lane, Reading comes out as the 35th largest and the 26th most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the RG7 district.
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Schools Nearby
- 2.2kmAldermaston C.E. Primary School
- 2.3kmBeenham Primary School
- 2.7kmWoolhampton C.E. Primary School
- 4.4kmThe Willink School
- 5.3kmThe Hurst School
- 5.3kmTheale Green School
More reading links
Public Transport Nearby
From 3, Mill Lane, Reading, the nearest station is Aldermaston, 500 metres away.
- 500mAldermaston
- 3.1kmMidgham
- 5.6kmTheale
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.
