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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
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40, Lamden Way, Reading is recorded publicly as a modern freehold house across 1,636 ft2 of internal area, sitting on a 4,128 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 40, Lamden Way, Reading is £865,224 and its rental estimate is £2,174 per month, given the available information and assuming reasonable condition.
Lamden Way, Burghfield Common, Reading, RG7 falls within the RG7 postal district.
40, Lamden Way, Reading has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated January 2014.
We combine this information with that 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.
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 40, Lamden Way, Reading, we estimate a market value of £908,485 and a rental value of £2,283 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £804,658 and £2,022 per month respectively.
Over the last year, 40, Lamden Way, Reading has seen its estimated sale value drop by £15,298 (1.8%) and its estimated rental value rise by £52 per month (2.4%). This results in an estimated gross rental yield of 3.0%.
HM Land Registry records the plot of land for 40, Lamden Way, Reading as measuring 4,128 m2.
That makes it the 2nd largest plot in the postcode, where 33 of the 34 other houses have recorded plot data.
40, Lamden Way, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Lamden Way, Reading completed on 5th June 2014 at £630,000 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 risen by 46.8% over the period since June 2014.
Over the past 2 years 3 properties similar to 40, Lamden Way, Reading have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2023, was 27, Tarragon Way, Reading, RG7 3YU, a freehold house which sold for £630,000.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Lamden Way, Burghfield Common, Reading, RG7, 40, Lamden Way, Reading comes out as the 5th largest and the 2nd most expensive in our analysis of the public data.
It is also £326k more expensive than the average property across the RG7 district.
From 40, Lamden Way, Reading, the nearest station is Mortimer, 3.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Lamden Way, Reading, 51.7% of property is privately owned with a mortgage and 31.1% 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 40, Lamden Way, Reading, 21.5% of residents are recorded as possessing school level qualifications and 41.5% 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 40, Lamden Way, Reading, the average age was 40.5 and the most common age was 47.
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 40, Lamden Way, 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 40, Lamden Way, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
