10A, Park Lane
10A, Park Lane
Description & Estimates
10A, Park Lane, Reading is described in the public record as an early-century apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 10A, Park Lane, Reading is £267,175 and its rental estimate is £1,337 per month, given the available information and assuming reasonable condition.
Park Lane, Tilehurst, Reading, RG31 falls within the RG31 postal district.
Our Data Sources
10A, Park Lane, Reading has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 10A, Park Lane, Reading, we estimate a market value of £280,534 and a rental value of £1,404 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £248,473 and £1,244 per month respectively.
Recent Market Change
Over the last year, 10A, Park Lane, Reading has seen its estimated sale value fall by £5,294 (2.0%) and its estimated rental value move up by £26 per month (1.9%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
10A, Park Lane, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 10A, Park Lane, Reading have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 8, Park Lane, Reading, RG31 5DL, a leasehold flat which sold for £345,000.
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
Of the 139 addresses on Park Lane, Tilehurst, Reading, RG31, 10A, Park Lane, Reading comes out as the 133rd largest and the 136th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the RG31 district.
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Schools Nearby
- 100mPark Lane Primary School
- 500mBirch Copse Primary School
- 600mSt Paul's Catholic Primary School
- 1.0kmLittle Heath School
- 1.8kmDenefield School
- 2.1kmKing's Academy Prospect
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Public Transport Nearby
From 10A, Park Lane, Reading, the nearest station is Tilehurst, 1.9 kilometres away.
- 1.9kmTilehurst
- 3.3kmTheale
- 3.8kmReading West
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
