56, Long Lane
56, Long Lane
Description & Estimates
The public record lists 56, Long Lane, Reading as a freehold house sitting on a 513 m2 plot.
Comparison with its neighbours suggests a modern house with 2,022 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
56, Long Lane, Reading has an estimated sale value of £632,019 and an estimated rental value of £2,785 per month, assuming reasonable condition and based on the information available.
Long Lane, Tilehurst, Reading, RG31 lies within the RG31 postal district.
Our Data Sources
56, Long Lane, Reading has a single entry in the Land Registry from June 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 56, Long Lane, Reading would be worth £663,620, with a potential rental value of £2,924 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £587,778, with a rental value of £2,590 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Long Lane, Reading has dropped by £18,864 (3.0%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (1.3%). The property's estimated gross yield is currently 5.3%.
Plot Size
56, Long Lane, Reading occupies a 513 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 10th largest.
Sold Prices
56, Long Lane, Reading last changed hands on 27th June 2008, selling for £595,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 59.2% since June 2008.
- Sold Jun 2008£595,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 56, Long Lane, Reading across the last 2 years.
Most recently, 22, Clarendon Rise, Reading, RG31 6XX, a freehold house, sold at £657,000 on the 11th October 2024.
Read more about house prices in RG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 56, Long Lane, Reading as the 39th largest and the 72nd most expensive of the 124 addresses on Long Lane, Tilehurst, Reading, RG31.
Against the RG31 postcode district average, it is £202k more expensive than the typical property.
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Schools Nearby
- 200mLong Lane Primary School
- 600mDownsway Primary School
- 700mPurley CofE Primary School
- 600mDenefield School
- 2.4kmLittle Heath School
- 4.0kmKing's Academy Prospect
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Public Transport Nearby
Tilehurst station is the nearest stop to 56, Long Lane, Reading at 1.8 kilometres away.
- 1.8kmTilehurst
- 2.7kmPangbourne
- 5.0kmTheale
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
