Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, 39, Lexington Grove, Reading is a mid-century apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Lexington Grove, Reading is £175,656 and the estimated rental value is £1,082 per month.
Lexington Grove, Reading, RG2 is located within the RG2 postal district.
39, Lexington Grove, Reading has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2023.
We combine this information with public data 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.
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 39, Lexington Grove, Reading is in very good condition we estimate a sale value of £184,439 and a rental value of £1,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,360 and a rental value of £1,006 per month.
Over the last 12 months the sale value of 39 Lexington Grove Reading has decreased by an estimated £4,743 (2.7%) and its rental value has increased by an estimated £20 per month (1.9%), giving an expected gross yield of 7.4%.
39, Lexington Grove, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 39, Lexington Grove, Reading was last sold on 16th October 2000 for £84,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Lexington Grove, Reading within a radius of 810 metres over the last 2 years.
The most recent example is 345A, Old Whitley Wood Lane, Reading, RG2 8PY, a leasehold flat which sold for £220,000 on the 16th December 2022.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lexington Grove, Reading, RG2 has a total of 61 addresses. According to our analysis of all the public data, 39, Lexington Grove, Reading is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in RG2.
The closest station to 39, Lexington Grove, Reading is Reading Green Park station which is 2.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 39, Lexington Grove, Reading, 57.7% of property is socially rented and 19.8% is privately owned with a mortgage.
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 39, Lexington Grove, Reading, 22.6% of residents are recorded as possessing school level qualifications and 25.0% 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 39, Lexington Grove, Reading, the average age was 37.7 and the most common age was 37.
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 39, Lexington Grove, Reading, 1.5% 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 39, Lexington Grove, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
