According to the public record, 59, Lorne Street, Reading is a period freehold house with 1,227 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lorne Street, Reading, RG1 is located within the RG1 postal district.
59, Lorne Street, Reading has a single entry in the Land Registry database from August 2011 and a single entry in the EPC database dated October 2016.
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 59 Lorne Street Reading as £439,963 and the rental value as £1,854 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 59 Lorne Street Reading has decreased by £10,287 (2.3%) and its rental value has increased by £62 per month (3.3%).
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 59, Lorne Street, Reading is in very good condition we estimate a sale value of £461,961 and rental value of £1,947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £409,165 and a rental value of £1,724 per month.
If you were able to purchase this property for the estimated value of £439,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,162 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, 59, Lorne Street, Reading sits on a plot of 145m2.
We have plot size data on 17 out of 28 other houses in the postcode and 59, Lorne Street, Reading sits on the 19th largest plot.
According to HM Land Registry, 59, Lorne Street, Reading was last sold on 26 Aug 2011 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2011, the market for similar properties has risen 56.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Lorne Street, Reading within a radius of 360 metres over the last 2 years.
The most recent example is 18, Lorne Street, Reading, RG1 7YN, a Freehold house which sold for £450,000 in Jan 2024.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Street, Reading, RG1 has a total of 87 addresses. According to our analysis of all the public data, 59, Lorne Street, Reading is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in RG1.
59, Lorne Street, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 59, Lorne Street, Reading is Reading West station which is 200 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 59, Lorne Street, Reading, 66.0% of property is privately rented and 16.0% is privately owned outright.
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 59, Lorne Street, Reading, 16.7% of residents are recorded as possessing school level qualifications and 42.7% 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 59, Lorne Street, Reading, the average age was 34 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 59, Lorne Street, 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 59, Lorne Street, Reading, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.