Housing Market Analysis for PARK LANE, RG31 5DP

Are you looking to understand RG31 5DP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reading postcode.

For the location information and nearby amenities in the RG31 5DP area, explore the RG31 5DP Area information page.
For comprehensive crime statistics in the RG31 5DP area, explore the RG31 5DP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG31 5DP postcode area, The average prices are as follows,

Detached
- The average price is around £317,881 median price is £275,000 Standard Deviation is £136,744 with Total Sold: 13
- The Last 5 Year average price is £504,167 with Total Sold: 3
- The most recent sale happened at this postcode is 71 PARK LANE: £362,500 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 73 PARK LANE: £150,000 (Sold on 03 Jul 1998)
Semi-Detached
- The average price is around £243,772 median price is £182,500 Standard Deviation is £160,148 with Total Sold: 9
- The Last 5 Year average price is £518,000 with Total Sold: 2
- The most recent sale happened at this postcode is 77 PARK LANE: £600,000 (Sold on 07 Jun 2022)
- The first recorded sale happened at this postcode is 75 PARK LANE: £436,000 (Sold on 05 Jan 2024)
Other
- The average price is around £435,000 median price is £435,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £435,000 with Total Sold: 1
- The most recent sale happened at this postcode is 65 PARK LANE: £435,000 (Sold on 18 Oct 2021)
- The first recorded sale happened at this postcode is 65 PARK LANE: £435,000 (Sold on 18 Oct 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average RG31 5DP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£362,500	£3,737	1
2022	£610,000	£4,692	1
2021	£540,000	£3,971	1
2018	£450,000	£3,947	1
2006	£315,000		1
2005	£275,000		1
2004	£301,500	£2,144	2
2002	£229,000	£2,049	2
2000	£184,950		1
1998	£167,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£600,000	£4,545	1
2013	£235,000	£2,798	1
2005	£247,000	£1,871	1
2001	£180,750	£1,383	2
1999	£124,950		1
1998	£109,000		1
1997	£80,500	£610	1
2024	£436,000	£5,190	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£435,000		1

All the Sales in the PARK LANE, RG31 5DP

See the table below for more details on the sold house prices in the RG31 5DP, Reading postcode.

Address	Sold Date	Price	% Change
71 PARK LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	31 Mar 2023	£362,500	64.77%
71 PARK LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	03 Sep 2002	£220,000	First Sale
61 PARK LANEDetached, FreeholdArea: 130 Sq.mtrAge: 1930-1949	31 Oct 2022	£610,000	156.30%
	06 Dec 2002	£238,000	First Sale
77 PARK LANESemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1967-1975	07 Jun 2022	£600,000	142.91%
	29 May 2005	£247,000	35.34%
	30 Nov 2001	£182,500	126.71%
	21 Mar 1997	£80,500	First Sale
65 PARK LANEOther, Freehold	18 Oct 2021	£435,000	58.18%
	03 Oct 2005	£275,000	49.46%
	30 Sep 1998	£184,000	First Sale
67 PARK LANEDetached, FreeholdArea: 136 Sq.mtrAge: 1930-1949	11 Jun 2021	£540,000	First Sale
83 PARK LANEDetached, FreeholdArea: 114 Sq.mtrAge: 1950-1966	29 Mar 2018	£450,000	85.19%
	30 Apr 2004	£243,000	First Sale
75 PARK LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	11 Oct 2013	£235,000	-46.10%
	05 Jan 2024	£436,000	First Sale
69 PARK LANEDetached, Freehold	18 Jan 2006	£315,000	70.32%
69 PARK LANEDetached, Freehold	14 Jul 2000	£184,950	First Sale
37 PARK LANEDetached, FreeholdArea: 167 Sq.mtrAge: 1950-1966	04 Oct 2004	£360,000	First Sale
79 PARK LANESemi-Detached, Freehold	21 Dec 2001	£179,000	43.26%
	16 Jul 1999	£124,950	14.63%
	30 Jun 1998	£109,000	First Sale
73 PARK LANEDetached, Freehold	03 Jul 1998	£150,000	First Sale

Check out the sold house prices near the RG31 5DP postcode. Properties currently for saleProperties currently for rent

PARK LANE, RG31 5DP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG31 5DP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RG31 5DP postcode.

Semi-Detached
- The average price is around £232,434 median price is £220,000 Standard Deviation is £112,554 with Total Sold: 1,258
- The Last 5 Year average price is £395,665 with Total Sold: 177
- The most recent sale happened at this postcode is , 58 ST MICHAELS ROAD: £418,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 60 BLEWBURY DRIVE: £88,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £166,296 median price is £159,950 Standard Deviation is £73,467 with Total Sold: 445
- The Last 5 Year average price is £207,633 with Total Sold: 86
- The most recent sale happened at this postcode is , 17 SHEPPARD COURT: £87,500 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is 47, YORK LODGE PEGASUS COURT: £135,000 (Sold on 31 Mar 1995)
Terraced
- The average price is around £215,324 median price is £207,000 Standard Deviation is £99,962 with Total Sold: 517
- The Last 5 Year average price is £332,131 with Total Sold: 89
- The most recent sale happened at this postcode is , 103 PARK LANE: £360,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 16 AYRTON SENNA ROAD: £82,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £323,783 median price is £295,000 Standard Deviation is £170,787 with Total Sold: 583
- The Last 5 Year average price is £552,056 with Total Sold: 79
- The most recent sale happened at this postcode is , 22 DOWNING ROAD: £467,500 (Sold on 03 Jun 2024)
- The first recorded sale happened at this postcode is , 12 AYRTON SENNA ROAD: £105,000 (Sold on 31 Mar 1995)
Other
- The average price is around £290,472 median price is £258,750 Standard Deviation is £353,742 with Total Sold: 18
- The Last 5 Year average price is £517,488 with Total Sold: 8
- The most recent sale happened at this postcode is , 74 SCHOOL ROAD: £375,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 6 CHAPEL HILL: £415,000 (Sold on 28 Nov 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£412,029	£4,385	17
2023	£440,917	£4,589	18
2022	£420,368	£4,636	34
2021	£391,128	£4,443	41
2020	£364,312	£4,450	30
2019	£373,883	£4,111	37
2018	£364,556	£4,053	34
2017	£371,676	£3,944	38
2016	£363,542	£4,159	36
2015	£324,182	£3,560	33
2014	£302,429	£3,129	26
2013	£256,077	£2,790	41
2012	£256,967	£2,736	24
2011	£237,774	£2,842	40
2010	£253,430	£2,758	38
2009	£212,082	£2,409	36
2008	£237,900	£2,523	26
2007	£268,813	£2,623	66
2006	£239,535	£2,523	61
2005	£212,563	£2,279	40
2004	£198,953	£2,168	65
2003	£194,381	£2,261	43
2002	£184,320	£2,006	59
2001	£158,420	£1,534	59
2000	£140,878	£1,609	45
1999	£118,209	£1,253	74
1998	£98,966	£1,011	54
1997	£90,135	£982	48
1996	£77,555	£840	55
1995	£79,581	£816	40

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£187,071	£3,000	14
2023	£177,294	£3,011	17
2022	£208,667	£3,965	9
2021	£241,629	£3,594	19
2020	£215,464	£4,076	14
2019	£210,612	£3,924	13
2018	£169,682	£3,452	11
2017	£215,219	£3,896	16
2016	£215,993	£4,008	14
2015	£181,033	£3,248	15
2014	£190,383	£3,357	18
2013	£158,305	£2,945	11
2012	£149,845	£3,059	10
2011	£151,095	£2,925	10
2010	£185,360	£2,792	15
2009	£176,812	£2,916	8
2008	£168,583	£3,225	6
2007	£183,943	£3,137	21
2006	£185,245	£3,084	20
2005	£205,370	£3,731	17
2004	£182,874	£3,664	43
2003	£167,790	£2,495	10
2002	£130,930	£2,331	15
2001	£130,238	£2,305	16
2000	£130,600	£1,997	19
1999	£78,936	£1,366	11
1998	£71,745	£1,350	20
1997	£67,886	£1,262	11
1996	£74,558	£1,380	12
1995	£63,750	£1,164	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£381,667		3
2023	£339,477	£4,723	23
2022	£345,295	£4,915	11
2021	£338,614	£4,152	22
2020	£319,318	£3,803	11
2019	£307,708	£3,991	19
2018	£315,412	£4,154	17
2017	£350,853	£4,201	18
2016	£322,926	£3,958	27
2015	£289,208	£3,438	12
2014	£237,846	£3,251	24
2013	£220,317	£2,880	24
2012	£219,930	£2,747	25
2011	£219,181	£2,478	8
2010	£196,722	£2,638	9
2009	£171,727	£2,424	11
2008	£230,088	£2,909	16
2007	£216,699	£2,756	23
2006	£200,550	£2,496	25
2005	£187,297	£2,387	15
2004	£166,194	£2,271	17
2003	£162,270	£2,002	20
2002	£144,457	£1,953	22
2001	£124,034	£1,694	22
2000	£120,158	£1,691	18
1999	£83,983	£1,198	15
1998	£81,530	£1,140	15
1997	£75,395	£1,066	11
1996	£59,862	£875	21
1995	£60,810	£902	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£504,900	£5,966	5
2023	£557,611	£4,881	18
2022	£624,600	£4,292	15
2021	£498,053	£4,401	19
2020	£589,500	£3,924	11
2019	£521,314	£4,808	11
2018	£491,429	£3,611	21
2017	£537,312	£4,222	16
2016	£478,150	£3,971	16
2015	£445,187	£3,760	21
2014	£413,500	£3,586	18
2013	£392,167	£3,366	9
2012	£350,079	£3,560	12
2011	£359,329	£2,698	12
2010	£355,855	£3,325	19
2009	£322,997	£2,874	17
2008	£259,590	£2,267	15
2007	£377,569	£2,732	18
2006	£305,860	£2,447	30
2005	£306,329	£2,891	21
2004	£287,015	£2,211	24
2003	£315,400	£2,879	25
2002	£266,314	£2,274	28
2001	£234,840	£2,025	20
2000	£204,686	£1,510	18
1999	£166,501	£1,218	38
1998	£149,759	£1,343	28
1997	£139,008	£1,269	25
1996	£126,190	£851	28
1995	£122,412	£1,073	25

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,000		1
2023	£460,000		1
2022	£17,400		1
2021	£435,000		1
2020	£506,250		2
2019	£920,000	£6,154	2
2018	£97,500		2
2017	£465,000		1
2016	£2,267	£51	6
2014	£415,000		1

House Type in RG31 5DP area

The most common house types in the RG31 5DP postcode area are Flat (48), Semi-detached (35), and Detached (26).

Total	116
Flat	48
Semi-detached	35
Detached	26
Terraced	7
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	32
Private rented: Other private rented	4
Private rented: Private landlord or letting agency	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the RG31 5DP have 1 person in household (62), and 2 people in household (26).

1 person in household	62
2 people in household	26
4 people in household	11
3 people in household	8
5 people in household	4
7 people in household	3
0 people in household	0
6 people in household	0
8 or more people in household	0