According to the public record, 278, Southcote Lane, Reading is a mid-century freehold house with 731 ft2 of internal area and sits on a 270 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Southcote Lane, Reading, RG30 is located within the RG30 postal district.
278, Southcote Lane, Reading has 2 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated May 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 278 Southcote Lane Reading as £314,868 and the rental value as £1,460 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 278 Southcote Lane Reading has decreased by £4,707 (1.5%) and its rental value has increased by £62 per month (4.3%).
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 278, Southcote Lane, Reading is in very good condition we estimate a sale value of £330,612 and rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,828 and a rental value of £1,358 per month.
If you were able to purchase this property for the estimated value of £314,868, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,547 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, 278, Southcote Lane, Reading sits on a plot of 270m2.
We have plot size data on 5 out of 7 other houses in the postcode and 278, Southcote Lane, Reading sits on the 4th largest plot.
According to HM Land Registry, 278, Southcote Lane, Reading was last sold on 14 Jan 2020 for £277,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 278, Southcote Lane, Reading within a radius of 530 metres over the last 2 years.
The most recent example is 271, Southcote Lane, Reading, RG30 3BE, a Freehold house which sold for £320,000 in Feb 2024.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southcote Lane, Reading, RG30 has a total of 370 addresses. According to our analysis of all the public data, 278, Southcote Lane, Reading is the 234th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in RG30.
278, Southcote Lane, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 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 278, Southcote Lane, Reading is Reading Green Park station which is 2.1 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 278, Southcote Lane, Reading, 30.3% of property is socially rented and 28.7% 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 278, Southcote Lane, Reading, 21.8% of residents are recorded as possessing school level qualifications and 21.5% 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 278, Southcote Lane, Reading, the average age was 39.5 and the most common age was 37.
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 278, Southcote Lane, 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 278, Southcote Lane, Reading, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.