According to the public record, 2, Chestnut Grove, Reading is a modern freehold house with 1,517 ft2 of internal area and sits on a 411 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chestnut Grove, Purley On Thames, Reading, RG8 is located within the RG8 postal district.
2, Chestnut Grove, Reading has 2 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated May 2013.
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 2 Chestnut Grove Reading as £496,195 and the rental value as £2,106 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 2 Chestnut Grove Reading has decreased by £3,243 (0.7%) and its rental value has increased by £111 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 2, Chestnut Grove, Reading is in very good condition we estimate a sale value of £521,004 and rental value of £2,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,461 and a rental value of £1,959 per month.
If you were able to purchase this property for the estimated value of £496,195, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,439 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, 2, Chestnut Grove, Reading sits on a plot of 411m2.
We have plot size data on 12 out of 14 other houses in the postcode and 2, Chestnut Grove, Reading sits on the 4th largest plot.
According to HM Land Registry, 2, Chestnut Grove, Reading was last sold on 26 Jun 2019 for £440,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Grove, Reading within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 20, Oak Tree Walk, Reading, RG8 8BN, a Freehold house which sold for £490,000 in Jul 2022.
Read more about house prices in RG8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Grove, Purley On Thames, Reading, RG8 has a total of 15 addresses. According to our analysis of all the public data, 2, Chestnut Grove, Reading is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in RG8.
2, Chestnut Grove, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2013.
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 2, Chestnut Grove, Reading is Tilehurst station which is 1.3 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 2, Chestnut Grove, Reading, 46.2% of property is privately owned with a mortgage and 39.2% 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 2, Chestnut Grove, Reading, 15.8% of residents are recorded as possessing school level qualifications and 38.6% 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 2, Chestnut Grove, Reading, the average age was 43.9 and the most common age was 52.
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 2, Chestnut Grove, Reading, 3.3% 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 2, Chestnut Grove, Reading, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.