According to the public record, 20, Groveland Place, Reading is a modern leasehold apartment with 357 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Groveland Place, Reading, RG30 is located within the RG30 postal district.
20, Groveland Place, Reading has 21 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated January 2010.
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 20 Groveland Place Reading as £165,025 and the rental value as £906 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 20 Groveland Place Reading has increased by £1,262 (0.8%) and its rental value has increased by £60 per month (6.6%).
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 20, Groveland Place, Reading is in very good condition we estimate a sale value of £173,276 and rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,473 and a rental value of £842 per month.
If you were able to purchase this property for the estimated value of £165,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £811 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 HM Land Registry, 20, Groveland Place, Reading was last sold on 11 Nov 2014 for £126,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Groveland Place, Reading within a radius of 440 metres over the last 2 years.
The most recent example is 96, Rowe Court, Reading, RG30 2HZ, a Leasehold flat which sold for £180,000 in Dec 2022.
Read more about house prices in RG30.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groveland Place, Reading, RG30 has a total of 44 addresses. According to our analysis of all the public data, 20, Groveland Place, Reading is the 29th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in RG30.
20, Groveland Place, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jan 2010.
The property is not connected to mains gas and has partial secondary glazing. It is heated using electric storage heaters.
The closest station to 20, Groveland Place, Reading is Reading West station which is 1.5 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 20, Groveland Place, Reading, 47.5% of property is privately rented and 33.9% is privately owned with a mortgage.
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 20, Groveland Place, Reading, 14.1% of residents are recorded as possessing school level qualifications and 35.5% 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 20, Groveland Place, Reading, the average age was 36.7 and the most common age was 32.
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 20, Groveland Place, Reading, 0.0% 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 20, Groveland Place, Reading, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.