According to the public record, 31, Broad Lane, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 656 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Broad Lane, Upper Bucklebury, Reading, RG7 is located within the RG7 postal district.
31, Broad Lane, Reading has a single entry in the Land Registry database from July 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Broad Lane Reading as £275,460 and the rental value as £1,231 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 31 Broad Lane Reading has increased by £1,327 (0.5%) and its rental value has increased by £54 per month (4.4%).
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 31, Broad Lane, Reading is in very good condition we estimate a sale value of £289,233 and rental value of £1,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,178 and a rental value of £1,144 per month.
If you were able to purchase this property for the estimated value of £275,460, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,354 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 HM Land Registry, 31, Broad Lane, Reading was last sold on 19 Jul 2006 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Broad Lane, Reading within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 46A, Roundfield, Reading, RG7 6RB, a Freehold house which sold for £307,500 in Dec 2021.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Lane, Upper Bucklebury, Reading, RG7 has a total of 72 addresses. According to our analysis of all the public data, 31, Broad Lane, Reading is the 71st largest and the 71st most expensive property on the street.
When compared to the postcode district it is £249k less expensive than the average property in RG7.
The closest station to 31, Broad Lane, Reading is Thatcham station which is 2.6 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 31, Broad Lane, Reading, 61.9% of property is privately owned outright and 32.3% 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 31, Broad Lane, Reading, 19.8% of residents are recorded as possessing school level qualifications and 51.6% 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 31, Broad Lane, Reading, the average age was 42 and the most common age was 17.
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 31, Broad Lane, Reading, 3.9% 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 31, Broad Lane, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.