According to the public record, 97, Mill Lane, Reading is a mid-century freehold house with 1,140 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Lane, Lower Earley, Reading, RG6 is located within the RG6 postal district.
97, Mill Lane, Reading has 21 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated January 2018.
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 97 Mill Lane Reading as £657,086 and the rental value as £2,046 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 97 Mill Lane Reading has decreased by £15,480 (2.4%) and its rental value has increased by £47 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 97, Mill Lane, Reading is in very good condition we estimate a sale value of £689,941 and rental value of £2,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £611,090 and a rental value of £1,902 per month.
If you were able to purchase this property for the estimated value of £657,086, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,229 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, 97, Mill Lane, Reading sits on a plot of 339m2.
We have plot size data on 4 out of 8 other houses in the postcode and 97, Mill Lane, Reading sits on the largest plot.
According to HM Land Registry, 97, Mill Lane, Reading was last sold on 29 May 2019 for £525,550 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2019, the market for similar properties has risen 17.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 97, Mill Lane, Reading within a radius of 690 metres over the last 2 years.
The most recent example is 2, Barholm Close, Reading, RG6 3TQ, a Leasehold house which sold for £589,000 in Feb 2024.
Read more about house prices in RG6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Lower Earley, Reading, RG6 has a total of 16 addresses. According to our analysis of all the public data, 97, Mill Lane, Reading is the 10th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in RG6.
97, Mill Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 97, Mill Lane, Reading is Winnersh Triangle station which is 1.1 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 97, Mill Lane, Reading, 50.7% of property is privately owned outright and 41.3% 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 97, Mill Lane, Reading, 24.2% of residents are recorded as possessing school level qualifications and 44.2% 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 97, Mill Lane, Reading, the average age was 38.2 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 97, Mill Lane, Reading, 1.2% 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 97, Mill Lane, Reading, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.