According to the public record, 16, Orchard Grove, Reading is a modern freehold house with 1,097 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Orchard Grove, Caversham, Reading, RG4 is located within the RG4 postal district.
16, Orchard Grove, Reading has 2 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated February 2020.
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 16 Orchard Grove Reading as £524,703 and the rental value as £1,959 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 16 Orchard Grove Reading has increased by £270 (0.1%) and its rental value has increased by £104 per month (5.3%).
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 16, Orchard Grove, Reading is in very good condition we estimate a sale value of £550,938 and rental value of £2,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,973 and a rental value of £1,822 per month.
If you were able to purchase this property for the estimated value of £524,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,579 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 data from HM Land Registry, 16, Orchard Grove, Reading sits on a plot of 183m2.
We have plot size data on 24 out of 34 other houses in the postcode and 16, Orchard Grove, Reading sits on the 20th largest plot.
According to HM Land Registry, 16, Orchard Grove, Reading was last sold on 11 Sep 2020 for £417,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Orchard Grove, Reading within a radius of 790 metres over the last 2 years.
The most recent example is 17, Orchard Grove, Reading, RG4 6NF, a Freehold house which sold for £580,000 in Jun 2023.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Grove, Caversham, Reading, RG4 has a total of 34 addresses. According to our analysis of all the public data, 16, Orchard Grove, Reading is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in RG4.
16, Orchard Grove, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2020.
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 16, Orchard Grove, Reading is Reading station which is 2.5 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 16, Orchard Grove, Reading, 43.3% of property is privately owned with a mortgage and 35.4% 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 16, Orchard Grove, Reading, 19.7% of residents are recorded as possessing school level qualifications and 47.1% 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 16, Orchard Grove, Reading, the average age was 42.9 and the most common age was 47.
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 16, Orchard Grove, Reading, 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 16, Orchard Grove, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.