60, Mill Lane
60, Mill Lane
Description & Estimates
60, Mill Lane, Reading is recorded publicly as an early-century freehold house across 871 ft2 of internal area, sitting on a 438 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 60, Mill Lane, Reading is £424,135 and its rental estimate is £1,797 per month, given the available information and assuming reasonable condition.
Mill Lane, Earley, Reading, RG6 falls within the RG6 postal district.
Our Data Sources
60, Mill Lane, Reading has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that 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.
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 60, Mill Lane, Reading, we estimate a market value of £445,341 and a rental value of £1,887 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £394,445 and £1,672 per month respectively.
Recent Market Change
Over the last year, 60, Mill Lane, Reading has seen its estimated sale value decline by £11,790 (2.8%) and its estimated rental value climb by £26 per month (1.5%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 60, Mill Lane, Reading as measuring 438 m2.
That makes it the 32nd largest plot in the postcode, where 54 of the 56 other houses have recorded plot data.
Energy Efficiency
60, Mill Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 60, Mill Lane, Reading completed on 11th October 2018 at £405,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 19.7% over the period since October 2018.
- Sold Oct 2018£405,000
- Sold Jul 2012£234,000
- Sold Apr 1997£86,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 60, Mill Lane, Reading have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 83, Mill Lane, Reading, RG6 7JF, a freehold house which sold for £425,000.
Read more about house prices in RG6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 99 addresses on Mill Lane, Earley, Reading, RG6, 60, Mill Lane, Reading comes out as the 73rd largest and the 76th most expensive in our analysis of the public data.
It is also £52k less expensive than the average property across the RG6 district.
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Schools Nearby
- 400mLoddon Primary School
- 600mHawkedon Primary School
- 1.2kmSouth Lake Primary School
- 1.2kmMaiden Erlegh School
- 2.1kmThe Forest School
- 2.2kmThe Bulmershe School
More reading links
Public Transport Nearby
From 60, Mill Lane, Reading, the nearest station is Earley, 900 metres away.
- 900mEarley
- 1.1kmWinnersh Triangle
- 2.2kmWinnersh
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
