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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
40, Mill Lane, Reading is described in the public record as an early-century house with 1,377 ft2 of internal area, sitting on a 540 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 40, Mill Lane, Reading is £581,893 and its rental estimate is £2,152 per month, given the available information and assuming reasonable condition.
Mill Lane, Earley, Reading, RG6 falls within the RG6 postal district.
40, Mill Lane, Reading has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
We combine this information with public data 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.
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, Mill Lane, Reading, we estimate a market value of £610,988 and a rental value of £2,260 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £541,161 and £2,002 per month respectively.
Over the last year, 40, Mill Lane, Reading has seen its estimated sale value drop by £15,704 (2.7%) and its estimated rental value rise by £27 per month (1.3%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 40, Mill Lane, Reading as measuring 540 m2.
That makes it the 19th largest plot in the postcode, where 54 of the 56 other houses have recorded plot data.
40, Mill Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 40, Mill Lane, Reading have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th May 2025, was 38, Mill Lane, Reading, RG6 7JE, a freehold house which sold for £615,000.
Read more about house prices in RG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 99 addresses on Mill Lane, Earley, Reading, RG6, 40, Mill Lane, Reading comes out as the 23rd largest and the 25th most expensive in our analysis of the public data.
It is also £106k more expensive than the average property across the RG6 district.
From 40, Mill Lane, Reading, the nearest station is Earley, 900 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Mill Lane, Reading, 48.4% of property is privately owned outright and 41.1% 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 40, Mill Lane, Reading, 21.9% of residents are recorded as possessing school level qualifications and 39.9% 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, Mill Lane, Reading, the average age was 38.8 and the most common age was 17.
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, Mill Lane, Reading, 1.9% 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, Mill Lane, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
