According to the public record, 87, Lancaster Close, Thatcham is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lancaster Close, Thatcham, RG18 is located within the RG18 postal district.
87, Lancaster Close, Thatcham has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 87 Lancaster Close Thatcham as £151,378 and the rental value as £881 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 87 Lancaster Close Thatcham has increased by £1,528 (1.0%) and its rental value has increased by £41 per month (4.6%).
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 87, Lancaster Close, Thatcham is in very good condition we estimate a sale value of £158,947 and rental value of £925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,782 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £151,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £744 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Lancaster Close, Thatcham within a radius of 560 metres over the last 2 years.
The most recent example is Flat D, 47, Park Lane, Thatcham, RG18 3GB, a Leasehold flat which sold for £173,950 in Apr 2022.
Read more about house prices in RG18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Close, Thatcham, RG18 has a total of 103 addresses. According to our analysis of all the public data, 87, Lancaster Close, Thatcham is the 82nd largest and the 94th most expensive property on the street.
When compared to the postcode district it is £322k less expensive than the average property in RG18.
87, Lancaster Close, Thatcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 87, Lancaster Close, Thatcham is Thatcham station which is 2.2 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 87, Lancaster Close, Thatcham, 42.5% of property is socially rented and 25.5% 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 87, Lancaster Close, Thatcham, 18.2% of residents are recorded as possessing school level qualifications and 22.0% 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 87, Lancaster Close, Thatcham, the average age was 40.8 and the most common age was 52.
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 87, Lancaster Close, Thatcham, 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 87, Lancaster Close, Thatcham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.