7 Lancaster Close

    7, LANCASTER CLOSE, READING, RG1 5HB

    This detached freehold property on Lancaster Close last sold in June 2017 for £730,000. Based on price growth in the RG1 district since then, its estimated current value is £747,579 — placing it in the 92nd percentile nationally and the 97th percentile within RG1. The property covers 140 m² (1,507 sq ft), giving an estimated value of £5,340 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,507 sq ft

    140 m²

    Last Sale Price

    £730,000

    Jun 2017

    Estimated Valuation

    £747,579

    Est. £/sq ft

    £496/sq ft

    £5,340/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,507 sq ft (140 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 2017

    £730,000

    24 May 2004

    £395,000

    18 Dec 1996

    £169,000

    Key Metrics

    Estimated valuation£747,579
    Value per sq ft / m²£496/sq ft (£5,340/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG1 district percentile97th percentile
    National percentile92nd percentile

    District Context — RG1

    RG1 covers central Reading, including the town centre and surrounding residential areas in Berkshire. It is a diverse, urban neighbourhood with strong rental activity and a younger demographic profile.

    Average Property Price - RG1

    £330,361

    51

    National percentile

    Average Net Household Income - RG1

    £22,316

    2

    National percentile

    10-Year Annualised Price Growth - RG1

    2.3%

    13

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG1

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