According to the public record, 9, New Lane Hill, Reading is a modern freehold house with 688 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Lane Hill, Tilehurst, Reading, RG30 is located within the RG30 postal district.
9, New Lane Hill, Reading has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated November 2021.
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 9 New Lane Hill Reading as £335,752 and the rental value as £1,434 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 9 New Lane Hill Reading has decreased by £6,196 (1.8%) and its rental value has increased by £57 per month (4.0%).
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 9, New Lane Hill, Reading is in very good condition we estimate a sale value of £352,540 and rental value of £1,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,250 and a rental value of £1,333 per month.
If you were able to purchase this property for the estimated value of £335,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,650 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, 9, New Lane Hill, Reading sits on a plot of 223m2.
We have plot size data on 1 out of 5 other houses in the postcode and 9, New Lane Hill, Reading sits on the largest plot.
According to HM Land Registry, 9, New Lane Hill, Reading was last sold on 26 Jul 2022 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, New Lane Hill, Reading within a radius of 620 metres over the last 2 years.
The most recent example is 2, Jubilee Walk, Reading, RG31 7BR, a Freehold house which sold for £337,500 in Sep 2023.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Lane Hill, Tilehurst, Reading, RG30 has a total of 126 addresses. According to our analysis of all the public data, 9, New Lane Hill, Reading is the 68th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in RG30.
9, New Lane Hill, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2021.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 9, New Lane Hill, Reading is Reading Green Park station which is 2.7 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 9, New Lane Hill, Reading, 48.2% of property is privately owned outright and 35.0% 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 9, New Lane Hill, Reading, 17.9% of residents are recorded as possessing school level qualifications and 40.5% 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 9, New Lane Hill, Reading, the average age was 39.5 and the most common age was 37.
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 9, New Lane Hill, 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 9, New Lane Hill, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.