Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, 25, Lorne Street, Reading is a period leasehold apartment with 269 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 25, Lorne Street, Reading is £101,649 and the estimated rental value is £670 per month.
The apartment is within 25, Lorne Street, Reading, RG1.
Lorne Street, Reading, RG1 is located within the RG1 postal district.
Flat 2, 25, Lorne Street, Reading has 3 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 Flat 2, 25, Lorne Street, Reading is in very good condition we estimate a sale value of £106,731 and a rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,534 and a rental value of £623 per month.
Over the past 12 months, the estimated sale value of Flat 2, 25, Lorne Street, Reading has moved down by £1,233 (1.2%), while its estimated rental value has increased by £21 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.9%.
Flat 2, 25, Lorne Street, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 25, Lorne Street, Reading was last sold on 28th August 2020 for £123,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2020, the market for similar properties has risen by 20.0%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, 25, Lorne Street, Reading within a radius of 350 metres over the last 2 years.
The most recent example is Flat B, 4, Brunswick Hill, Reading, RG1 7YT, a leasehold flat which sold for £95,000 on the 7th September 2007.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Street, Reading, RG1 has a total of 87 addresses. According to our analysis of all the public data, Flat 2, 25, Lorne Street, Reading is the 82nd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in RG1.
The closest station to Flat 2, 25, Lorne Street, Reading is Reading West station, which is 200 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 25, Lorne Street, Reading, 66.0% of property is privately rented and 16.0% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 25, Lorne Street, Reading, 16.7% of residents are recorded as possessing school level qualifications and 42.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 25, Lorne Street, Reading, the average age was 34 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 25, Lorne Street, Reading, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 25, Lorne Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
