42, Park Lane
42, Park Lane
Description & Estimates
42, Park Lane, Thatcham appears in the public record as a freehold house sitting on a 563 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,348 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 42, Park Lane, Thatcham is £471,066 and its rental estimate is £1,949 per month, given the available information and assuming reasonable condition.
Park Lane, Thatcham, RG18 falls within the RG18 postal district.
Our Data Sources
42, Park Lane, Thatcham has 41 entries in the Land Registry , most recently in February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 42, Park Lane, Thatcham, we estimate a market value of £494,619 and a rental value of £2,047 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £438,091 and £1,813 per month respectively.
Recent Market Change
Over the last year, 42, Park Lane, Thatcham has seen its estimated sale value decrease by £9,523 (2.0%) and its estimated rental value grow by £54 per month (2.8%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 42, Park Lane, Thatcham as measuring 563 m2.
That makes it the 13th largest plot in the postcode, where 21 of the 23 other houses have recorded plot data.
Sold Prices
The most recent sale of 42, Park Lane, Thatcham completed on 15th February 2008 at £315,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 74.4% over the period since February 2008.
- Sold Feb 2008£315,000
- Sold Aug 2004£249,995
- Sold May 1998£138,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Park Lane, Thatcham have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2024, was 7, Park Avenue, Thatcham, RG18 4NN, a freehold house which sold for £495,000.
Read more about house prices in RG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 104 addresses on Park Lane, Thatcham, RG18, 42, Park Lane, Thatcham comes out as the 47th largest and the 45th most expensive in our analysis of the public data.
It is also £3k more expensive than the average property across the RG18 district.
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Schools Nearby
- 200mThatcham Park CofE Primary
- 600mWhitelands Park Primary School
- 800mSpurcroft Primary School
- 800mKennet School
- 4.2kmTrinity School
- 5.2kmSt Bartholomew's School
More reading links
Public Transport Nearby
From 42, Park Lane, Thatcham, the nearest station is Thatcham, 1.7 kilometres away.
- 1.7kmThatcham
- 3.4kmNewbury Racecourse
- 4.5kmNewbury
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.
