According to the public record, 11, Elm Lane, Reading is a modern freehold house with 2,378 ft2 of internal area and sits on a 680 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Elm Lane, Lower Earley, Reading, RG6 is located within the RG6 postal district.
11, Elm Lane, Reading has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Elm Lane Reading as £911,904 and the rental value as £2,907 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 11 Elm Lane Reading has decreased by £23,332 (2.6%) and its rental value has increased by £68 per month (2.3%).
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 11, Elm Lane, Reading is in very good condition we estimate a sale value of £957,500 and rental value of £3,053 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £848,071 and a rental value of £2,704 per month.
If you were able to purchase this property for the estimated value of £911,904, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,482 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 11, Elm Lane, Reading sits on a plot of 680m2.
We have plot size data on 16 out of 21 other houses in the postcode and 11, Elm Lane, Reading sits on the 6th largest plot.
According to HM Land Registry, 11, Elm Lane, Reading was last sold on 18 Mar 2021 for £795,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Elm Lane, Reading within a radius of 610 metres over the last 2 years.
The most recent example is 2, Devonshire Park, Reading, RG2 7DX, a Freehold house which sold for £740,000 in Nov 2020.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Lane, Lower Earley, Reading, RG6 has a total of 55 addresses. According to our analysis of all the public data, 11, Elm Lane, Reading is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £438k more expensive than the average property in RG6.
11, Elm Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 11, Elm Lane, Reading is Earley station which is 1.8 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 11, Elm Lane, Reading, 45.4% of property is privately owned outright and 31.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 11, Elm Lane, Reading, 14.6% of residents are recorded as possessing school level qualifications and 54.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 11, Elm Lane, Reading, the average age was 37.1 and the most common age was 42.
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 11, Elm Lane, Reading, 0.7% 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 11, Elm Lane, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.