9, Park Lane
9, Park Lane
Description & Estimates
According to the public record, 9, Park Lane, Reading is a mid-century freehold house with 1,808 ft2 of internal area and sits on a 530 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Park Lane, Reading is £566,129 and the estimated rental value is £2,573 per month.
Park Lane, Tilehurst, Reading, RG31 is located within the RG31 postal district.
Our Data Sources
9, Park Lane, Reading has 31 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 9, Park Lane, Reading is in very good condition we estimate a sale value of £594,436 and a rental value of £2,702 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,500 and a rental value of £2,393 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 9, Park Lane, Reading has declined by £16,898 (3.0%), while its estimated rental value has climbed by £32 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 9, Park Lane, Reading sits on a plot of 530 m2.
We have plot size data on 7 out of 8 other houses in the postcode and 9, Park Lane, Reading sits on the 3rd largest plot.
Energy Efficiency
9, Park Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 9, Park Lane, Reading was last sold on 3rd March 2023 for £615,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2023, the market for similar properties has risen by 22.8%.
- Sold Mar 2023£615,000
- Sold Apr 2005£205,000
- Sold Feb 1995£75,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Park Lane, Reading within a radius of 530 metres over the last 2 years.
The most recent example is 51, Chapel Hill, Reading, RG31 5BT, a freehold house which sold for £660,000 on the 5th November 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
Park Lane, Tilehurst, Reading, RG31 has a total of 139 addresses. According to our analysis of all the public data, 9, Park Lane, Reading is the 7th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in RG31.
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Schools Nearby
- 100mPark Lane Primary School
- 500mBirch Copse Primary School
- 600mSt Paul's Catholic Primary School
- 1.0kmLittle Heath School
- 1.9kmDenefield School
- 2.0kmKing's Academy Prospect
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Public Transport Nearby
The closest station to 9, Park Lane, Reading is Tilehurst station, which is 2.0 kilometres away.
- 2.0kmTilehurst
- 3.3kmTheale
- 3.7kmReading West
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
