According to the public record, Flat D, 47, Park Lane, Thatcham is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 47, Park Lane, Thatcham, RG18.
Park Lane, Thatcham, RG18 is located within the RG18 postal district.
Flat D, 47, Park Lane, Thatcham has 3 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated June 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 Flat D 47 Park Lane Thatcham as £165,618 and the rental value as £935 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat D 47 Park Lane Thatcham has increased by £1,672 (1.0%) and its rental value has increased by £43 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 Flat D, 47, Park Lane, Thatcham is in very good condition we estimate a sale value of £173,899 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,025 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £165,618, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £814 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, Flat D, 47, Park Lane, Thatcham was last sold on 29 Apr 2022 for £173,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat D, 47, Park Lane, Thatcham within a radius of 520 metres over the last 2 years.
The most recent example is Flat 2, Thatcham Court, Chapel Street, Thatcham, RG18 4QL, a Leasehold flat which sold for £171,000 in Jun 2023.
Read more about house prices in RG18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Thatcham, RG18 has a total of 104 addresses. According to our analysis of all the public data, Flat D, 47, Park Lane, Thatcham is the 96th largest and the 100th most expensive property on the street.
When compared to the postcode district it is £308k less expensive than the average property in RG18.
Flat D, 47, Park Lane, Thatcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jun 2023.
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 Flat D, 47, Park Lane, Thatcham is Thatcham station which is 1.8 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 Flat D, 47, Park Lane, Thatcham, 42.3% of property is privately owned with a mortgage and 35.0% 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 Flat D, 47, Park Lane, Thatcham, 18.2% of residents are recorded as possessing school level qualifications and 32.1% 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 Flat D, 47, Park Lane, 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 Flat D, 47, Park Lane, 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 Flat D, 47, Park Lane, Thatcham, 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.