According to the public record, 2, Meadow Lane, Reading is a modern house with 1,184 ft2 of internal area and sits on a 80.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Meadow Lane, Pangbourne, Reading, RG8 is located within the RG8 postal district.
2, Meadow Lane, Reading has no records in the Land Registry database and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 2 Meadow Lane Reading as £575,283 and the rental value as £2,196 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 Meadow Lane Reading has decreased by £1,662 (0.3%) and its rental value has increased by £114 per month (5.2%).
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 2, Meadow Lane, Reading is in very good condition we estimate a sale value of £604,047 and rental value of £2,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £535,013 and a rental value of £2,042 per month.
If you were able to purchase this property for the estimated value of £575,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,827 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, 2, Meadow Lane, Reading sits on a plot of 80m2.
We have plot size data on 4 out of 6 other houses in the postcode and 2, Meadow Lane, Reading sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Meadow Lane, Reading within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 36, Horseshoe Road, Reading, RG8 7JH, a Freehold house which sold for £635,000 in Mar 2023.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadow Lane, Pangbourne, Reading, RG8 has a total of 19 addresses. According to our analysis of all the public data, 2, Meadow Lane, Reading is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in RG8.
2, Meadow Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2022.
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 2, Meadow Lane, Reading is Pangbourne station which is 600 metres 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 2, Meadow Lane, Reading, 42.0% of property is privately owned outright and 37.9% is privately rented.
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 2, Meadow Lane, Reading, 9.2% of residents are recorded as possessing school level qualifications and 52.5% 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 2, Meadow Lane, Reading, the average age was 43.7 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 2, Meadow Lane, Reading, 2.5% 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 2, Meadow Lane, Reading, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.