Flat 6, 10
Flat 6, 10
Description & Estimates
According to the public record, Flat 6, 10, Lance Way, Reading is a modern apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 6, 10, Lance Way, Reading is £106,496 and the estimated rental value is £670 per month.
The apartment is within 10, Lance Way, Arborfield Green, Reading, RG2.
Lance Way, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
Flat 6, 10, Lance Way, Reading has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
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
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 6, 10, Lance Way, Reading is in very good condition we estimate a sale value of £111,821 and a rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,041 and a rental value of £623 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 6, 10, Lance Way, Reading has declined by £2,875 (2.7%), while its estimated rental value has climbed by £13 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Flat 6, 10, Lance Way, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
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 Flat 6, 10, Lance Way, Reading within a radius of 710 metres over the last 2 years.
The most recent example is Flat 3, 10, Lance Way, Reading, RG2 9YZ, a leasehold flat which sold for £114,000 on the 15th July 2024.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lance Way, Arborfield Green, Reading, RG2 has a total of 29 addresses. According to our analysis of all the public data, Flat 6, 10, Lance Way, Reading is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £267k less expensive than the average property in RG2.
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Schools Nearby
- 1.6kmFarley Hill Primary School
- 1.7kmThe Coombes Church of England Primary School
- 2.5kmGorse Ride Junior School
- 400mBohunt School Wokingham
- 5.2kmOakbank School
- 5.4kmThe Holt School
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Public Transport Nearby
The closest station to Flat 6, 10, Lance Way, Reading is Wokingham station, which is 5.0 kilometres away.
- 5.0kmWokingham
- 5.6kmWinnersh
- 5.7kmCrowthorne
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
