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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Lambda House, Wokingham is a modern freehold house with 3,465 ft2 of internal area and sits on a 2,457 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 Lambda House, Wokingham is £1,693,817 and the estimated rental value is £4,859 per month.
Wick Hill, Finchampstead, Wokingham, RG40 is located within the RG40 postal district.
Lambda House, Wokingham has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that 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.
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 Lambda House, Wokingham is in very good condition we estimate a sale value of £1,778,508 and a rental value of £5,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,575,250 and a rental value of £4,519 per month.
Over the last 12 months the sale value of Lambda House Wokingham has decreased by an estimated £45,514 (2.7%) and its rental value has increased by an estimated £87 per month (1.8%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Lambda House, Wokingham sits on a plot of 2457m2.
Lambda House, Wokingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, Lambda House, Wokingham was last sold on 3rd July 2020 for £1,450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2020, the market for similar properties has dropped 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lambda House, Wokingham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Wick Vale, Wick Hill Lane, Wokingham, RG40 3QH, a freehold house which sold for £1,463,226 on the 10th March 2023.
Read more about house prices in RG40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wick Hill, Finchampstead, Wokingham, RG40 has a total of 12 addresses. According to our analysis of all the public data, Lambda House, Wokingham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.127m more expensive than the average property in RG40.
The closest station to Lambda House, Wokingham is Crowthorne station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lambda House, Wokingham, 40.9% of property is privately owned outright and 28.4% is privately owned with a mortgage.
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 Lambda House, Wokingham, 13.5% of residents are recorded as possessing school level qualifications and 42.3% 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 Lambda House, Wokingham, the average age was 44 and the most common age was 57.
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 Lambda House, Wokingham, 2.4% 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 Lambda House, Wokingham, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
