7, Mclaren Place
7, Mclaren Place
Description & Estimates
The public record describes 7, Mclaren Place, Wokingham as a modern house with 742 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Mclaren Place, Wokingham has an estimated sale value of £484,707 and an estimated rental value of £1,786 per month, assuming reasonable condition and based on the information available.
Mclaren Place, Wokingham, RG40 lies within the RG40 postal district.
Our Data Sources
7, Mclaren Place, Wokingham has no records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Mclaren Place, Wokingham would be worth £508,943, with a potential rental value of £1,876 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £450,778, with a rental value of £1,661 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 7, Mclaren Place, Wokingham has declined by £6,396 (1.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £37 (2.1%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
7, Mclaren Place, Wokingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 7, Mclaren Place, Wokingham across the last 2 years.
Most recently, 40, Franklin Drive, Wokingham, RG40 5SP, a freehold house, sold at £369,995 on the 30th May 2024.
Read more about house prices in RG40.
- Sold May 2024£369,995 | 3 Bed House40, Franklin Drive, Wokingham, RG40 5SP40, Franklin Drive, Wokingham, RG40 5SP
- Sold Jan 2024£439,995 | 3 Bed House36, Franklin Drive, Wokingham, RG40 5SP36, Franklin Drive, Wokingham, RG40 5SP
- Sold Nov 2023£444,995 | 3 Bed House26, Franklin Drive, Wokingham, RG40 5SP26, Franklin Drive, Wokingham, RG40 5SP
•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 7, Mclaren Place, Wokingham as the 18th largest and the 14th most expensive of the 19 addresses on Mclaren Place, Wokingham, RG40.
Against the RG40 postcode district average, it is £88k less expensive than the typical property.
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Schools Nearby
- 800mAll Saints Church of England Primary School
- 800mKeep Hatch Primary School
- 800mSt Cecilia's CofE Primary School
- 800mThe Holt School
- 1.3kmThe Emmbrook School
- 1.3kmSt Crispin's School
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Public Transport Nearby
Wokingham station is the nearest stop to 7, Mclaren Place, Wokingham at 1.3 kilometres away.
- 1.3kmWokingham
- 3.2kmWinnersh
- 4.4kmWinnersh Triangle
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
