According to the public record, 8, Lancers Drive, Thatcham is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lancers Drive, Thatcham, RG19 is located within the RG19 postal district.
8, Lancers Drive, Thatcham has 3 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated July 2023.
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 8 Lancers Drive Thatcham as £210,862 and the rental value as £984 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Lancers Drive Thatcham has increased by £2,284 (1.1%) and its rental value has increased by £44 per month (4.5%).
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 8, Lancers Drive, Thatcham is in very good condition we estimate a sale value of £221,405 and rental value of £1,033 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,101 and a rental value of £915 per month.
If you were able to purchase this property for the estimated value of £210,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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, 8, Lancers Drive, Thatcham was last sold on 14 Dec 2023 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2023, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lancers Drive, Thatcham within a radius of 540 metres over the last 2 years.
The most recent example is 66, Rotary Way, Thatcham, RG19 4SA, a Leasehold flat which sold for £200,000 in Aug 2023.
Read more about house prices in RG19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancers Drive, Thatcham, RG19 has a total of 13 addresses. According to our analysis of all the public data, 8, Lancers Drive, Thatcham is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in RG19.
8, Lancers Drive, Thatcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 8, Lancers Drive, Thatcham is Thatcham station which is 700 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 8, Lancers Drive, Thatcham, 60.4% of property is privately owned with a mortgage and 16.8% 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 8, Lancers Drive, Thatcham, 32.5% of residents are recorded as possessing school level qualifications and 43.5% 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 8, Lancers Drive, Thatcham, 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 8, Lancers Drive, Thatcham, 0.7% 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 8, Lancers Drive, Thatcham, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.