According to the public record, 54, Lailey Path, Reading is a modern freehold house and with 1,356 ft2 of internal area and sits on a 303 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lailey Path, Shinfield, Reading, RG2 is located within the RG2 postal district.
54, Lailey Path, Reading has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated November 2017.
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 54 Lailey Path Reading as £557,788 and the rental value as £2,237 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 54 Lailey Path Reading has decreased by £11,929 (2.1%) and its rental value has increased by £52 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 54, Lailey Path, Reading is in very good condition we estimate a sale value of £585,678 and rental value of £2,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,743 and a rental value of £2,080 per month.
If you were able to purchase this property for the estimated value of £557,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,741 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, 54, Lailey Path, Reading sits on a plot of 303m2.
We have plot size data on 40 out of 40 other houses in the postcode and 54, Lailey Path, Reading sits on the 7th largest plot.
According to HM Land Registry, 54, Lailey Path, Reading was last sold on 21 Dec 2017 for £579,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Lailey Path, Reading within a radius of 125m over the last 2 years.
The most recent example is 144, Westall Street, Reading, RG2 9RL, a Freehold house which sold for £583,000 in Jul 2023.
Read more about house prices in RG2.
Lailey Path, Shinfield, Reading, RG2 has a total of 40 addresses. According to our analysis of all the public data, 54, Lailey Path, Reading is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in RG2.
54, Lailey Path, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 54, Lailey Path, Reading is Reading Green Park station which is 4.4 km 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 54, Lailey Path, Reading, 53.2% of property is privately owned with a mortgage and 20.3% 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 54, Lailey Path, Reading, 24.4% of residents are recorded as possessing school level qualifications and 55.4% 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 54, Lailey Path, 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 54, Lailey Path, 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 54, Lailey Path, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.