According to the public record, 43, Archer Grove, Reading is a modern freehold house and with 1,829 ft2 of internal area and sits on a 330 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Archer Grove, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
43, Archer Grove, Reading has a single entry in the Land Registry database from March 2019 and a single entry in the EPC database dated October 2018.
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 43 Archer Grove Reading as £777,744 and the rental value as £2,828 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 43 Archer Grove Reading has decreased by £6,118 (0.8%) and its rental value has increased by £66 per month (2.3%).
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 43, Archer Grove, Reading is in very good condition we estimate a sale value of £816,631 and rental value of £2,970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £723,302 and a rental value of £2,630 per month.
If you were able to purchase this property for the estimated value of £777,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,822 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, 43, Archer Grove, Reading sits on a plot of 330m2.
We have plot size data on 58 out of 58 other houses in the postcode and 43, Archer Grove, Reading sits on the 31st largest plot.
According to HM Land Registry, 43, Archer Grove, Reading was last sold on 29 Mar 2019 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2019, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Archer Grove, Reading within a radius of 45m over the last 2 years.
The most recent example is 45, Archer Grove, Reading, RG2 9TB, a Freehold house which sold for £618,000 in May 2021.
Read more about house prices in RG2.
Archer Grove, Arborfield Green, Reading, RG2 has a total of 72 addresses. According to our analysis of all the public data, 43, Archer Grove, Reading is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £411k more expensive than the average property in RG2.
43, Archer Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 43, Archer Grove, Reading is Wokingham station which is 4.0 km 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 43, Archer Grove, Reading, 57.4% of property is privately owned with a mortgage and 20.0% 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 43, Archer Grove, Reading, 24.5% of residents are recorded as possessing school level qualifications and 53.0% 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 43, Archer Grove, Reading, the average age was 41.5 and the most common age was 57.
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 43, Archer Grove, Reading, 1.4% 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 43, Archer Grove, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.