Flat 2 Lancaster Court Newstead Rise

    FLAT 2 LANCASTER COURT, NEWSTEAD RISE, READING, RG2 8JX

    This flat/maisonette leasehold property on Newstead Rise last sold in October 2024 for £150,000. Based on price growth in the RG2 district since then, its estimated current value is £116,059 — placing it in the 6th percentile nationally and the 1st percentile within RG2. The property covers 49 m² (527 sq ft), giving an estimated value of £2,369 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £150,000

    Oct 2024

    Estimated Valuation

    £116,059

    Est. £/sq ft

    £220/sq ft

    £2,369/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area527 sq ft (49 m²)
    EPC dateAug 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 Oct 2024

    £150,000

    Key Metrics

    Estimated valuation£116,059
    Value per sq ft / m²£220/sq ft (£2,369/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RG2 district percentile1st percentile
    National percentile6th percentile

    District Context — RG2

    RG2 covers Wokingham and surrounding areas in Berkshire, sitting between Reading and the Surrey borders in the south-east. It is a residential district with a mix of suburban and semi-rural character, popular with families and commuters.

    Average Property Price - RG2

    £404,270

    68

    National percentile

    Average Net Household Income - RG2

    £41,892

    65

    National percentile

    10-Year Annualised Price Growth - RG2

    3.5%

    48

    National percentile

    10-Year Annualised Rent Growth - RG

    3.6%

    30

    National percentile

    View full analysis for RG2

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