3, Burford Court Rances Lane, Wokingham, RG40 2LJ is a leasehold flat built between 1950-1966. The property offers approximately 969 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £236,508 , which equates to approximately £244 per square foot. It was last sold on 16 Feb 2024 for £225,000. Since then, the value has increased by £11,508, representing a 5.1% increase, or approximately 2.8% per year.

The current estimated value of £236,508 is:

  • 52.8% lower than the average property price on Rances Lane
  • 3.4% higher than the average in the RG40 2LJ postcode area
  • and 59.0% lower than the average price for Wokingham as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 February 2015, the property was recorded as owner-occupied.

View sold house prices in RG40 2LJ

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
969 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£236,508
Price Per sq ft (estimate)
£244
Bedroom Count (estimate)
3 bedrooms

EPC Summary

3, Burford Court Rances Lane, Wokingham, RG40 2LJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 11 Feb 2015.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Nov 2012, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 19.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The lighting was updated from low energy lighting in all fixed outlets to no low energy lighting, with efficiency changing from very good to very poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to RG40 2LJ

7 th / 23
Price Rank
3% higher than average
12 th / 23
Size Rank
24% bigger than average
16 th / 23
Price Per Sq FT Rank
17% lower than average

Compared to other properties in RG40 2LJ , this flat's estimated value ranks 7th out of 23. Based on price per square foot, it ranks 16th out of 23 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 23 properties in its postcode area.

Sale History

Today
£236,508
streetscan.co.uk estimate
+5 %
16 Feb 2024
£225,000
Leasehold
+27.1 %
29 Oct 2013
£177,000
Leasehold
+26.4 %
22 Mar 2012
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 969 sq ft
sale price: £232,000
sale date: 19 Aug 2024
rooms: 4
size: 969 sq ft
sale price: £215,000
sale date: 14 Oct 2022
rooms: 4
size: 969 sq ft
sale price: £200,000
sale date: 13 Aug 2020
rooms: 4
size: 969 sq ft
sale price: £180,000
sale date: 1 May 2020
rooms: 4
size: 969 sq ft
sale price: £210,000
sale date: 24 Apr 2020

Data Sources

The property at 3, Burford Court Rances Lane, Wokingham, RG40 2LJ appears three times in the Land Registry records, with the latest transaction recorded on 16 Feb 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Feb 2015. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.