According to the public record, 37, Mill Lane, Newbury is a period freehold house with 968 ft2 of internal area and sits on a 90 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Newbury, RG14 is located within the RG14 postal district.
37, Mill Lane, Newbury has 21 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated October 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 37 Mill Lane Newbury as £317,751 and the rental value as £1,456 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 37 Mill Lane Newbury has increased by £4,380 (1.4%) and its rental value has increased by £46 per month (3.2%).
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 37, Mill Lane, Newbury is in very good condition we estimate a sale value of £333,639 and rental value of £1,529 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,509 and a rental value of £1,354 per month.
If you were able to purchase this property for the estimated value of £317,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,562 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, 37, Mill Lane, Newbury sits on a plot of 90m2.
We have plot size data on 14 out of 18 other houses in the postcode and 37, Mill Lane, Newbury sits on the 10th largest plot.
According to HM Land Registry, 37, Mill Lane, Newbury was last sold on 30 Nov 2021 for £241,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Mill Lane, Newbury within a radius of 550 metres over the last 2 years.
The most recent example is 41, Mill Lane, Newbury, RG14 5RE, a Freehold house which sold for £300,500 in Oct 2022.
Read more about house prices in RG14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Newbury, RG14 has a total of 119 addresses. According to our analysis of all the public data, 37, Mill Lane, Newbury is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in RG14.
37, Mill Lane, Newbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Oct 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 37, Mill Lane, Newbury is Newbury station which is 500 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 37, Mill Lane, Newbury, 42.7% of property is privately owned outright and 26.4% 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 37, Mill Lane, Newbury, 6.8% of residents are recorded as possessing school level qualifications and 24.8% 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 37, Mill Lane, Newbury, the average age was 37.9 and the most common age was 32.
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 37, Mill Lane, Newbury, 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 37, Mill Lane, Newbury, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.