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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
According to the public record, 5, The Old Lane, Reading is a modern freehold house with 665 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, The Old Lane, Reading is £291,730 and the estimated rental value is £1,633 per month.
The Old Lane, Reading, RG1 is located within the RG1 postal district.
5, The Old Lane, Reading has 3 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 5, The Old Lane, Reading is in very good condition we estimate a sale value of £306,317 and a rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,309 and a rental value of £1,518 per month.
Over the last 12 months the sale value of 5 The Old Lane Reading has decreased by an estimated £7,384 (2.5%) and its rental value has increased by an estimated £36 per month (2.2%), giving an expected gross yield of 6.7%.
5, The Old Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2016.
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, 5, The Old Lane, Reading was last sold on 29th June 2022 for £263,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2022, the market for similar properties has dropped 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, The Old Lane, Reading within a radius of 650 metres over the last 2 years.
The most recent example is 2, The Old Lane, Reading, RG1 6DB, a leasehold house which sold for £280,000 on the 28th March 2024.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Old Lane, Reading, RG1 has a total of 10 addresses. According to our analysis of all the public data, 5, The Old Lane, Reading is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in RG1.
The closest station to 5, The Old Lane, Reading is Reading West station which is 1.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, The Old Lane, Reading, 41.8% of property is privately owned with a mortgage and 33.6% 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 5, The Old Lane, Reading, 10.9% of residents are recorded as possessing school level qualifications and 52.7% 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 5, The Old Lane, Reading, the average age was 37.7 and the most common age was 32.
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 5, The Old Lane, Reading, 0.7% 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 5, The Old Lane, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
