6A, Park Lane
6A, Park Lane
Description & Estimates
According to the public record, 6A, Park Lane, Reading is an early-century apartment with 913 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6A, Park Lane, Reading is £362,366 and the estimated rental value is £1,835 per month.
Park Lane, Tilehurst, Reading, RG31 is located within the RG31 postal district.
Our Data Sources
6A, Park Lane, Reading has no records in the the Land Registry and a single entry in the EPC database dated August 2009.
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
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 6A, Park Lane, Reading is in very good condition we estimate a sale value of £380,484 and a rental value of £1,927 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,000 and a rental value of £1,707 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 6A, Park Lane, Reading has decreased by £12,066 (3.3%), while its estimated rental value has grown by £17 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
6A, Park Lane, Reading has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 Aug 2009.
The property is not connected to mains gas and has partial double glazing. It is heated using No system present: electric heaters assumed.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 6A, Park Lane, Reading within a radius of 530 metres over the last 2 years.
The most recent example is Flat, 4, Park Lane, Reading, RG31 5DL, a leasehold flat which sold for £250,000 on the 3rd November 2008.
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, 6A, Park Lane, Reading is the 71st largest and the 80th most expensive property on the street.
When compared to the postcode district it is £68k less 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
- 1.8kmDenefield School
- 2.1kmKing's Academy Prospect
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Public Transport Nearby
The closest station to 6A, Park Lane, Reading is Tilehurst station, which is 1.9 kilometres away.
- 1.9kmTilehurst
- 3.3kmTheale
- 3.8kmReading West
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
