According to the public record, 5, Sandstone Grove, Thatcham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 686 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sandstone Grove, Hermitage, Thatcham, RG18 is located within the RG18 postal district.
5, Sandstone Grove, Thatcham has a single entry in the Land Registry database from January 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Sandstone Grove Thatcham as £115,574 and the rental value as £633 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 5 Sandstone Grove Thatcham has increased by £565 (0.5%) and its rental value has increased by £26 per month (4.1%).
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 5, Sandstone Grove, Thatcham is in very good condition we estimate a sale value of £121,352 and rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,484 and a rental value of £589 per month.
If you were able to purchase this property for the estimated value of £115,574, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £568 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, 5, Sandstone Grove, Thatcham was last sold on 12 Jan 2016 for £217,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Sandstone Grove, Thatcham within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 4, Sandstone Grove, Thatcham, RG18 9WS, a Leasehold flat which sold for £95,000 in Jan 2023.
Read more about house prices in RG18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandstone Grove, Hermitage, Thatcham, RG18 has a total of 48 addresses. According to our analysis of all the public data, 5, Sandstone Grove, Thatcham is the 36th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £358k less expensive than the average property in RG18.
The closest station to 5, Sandstone Grove, Thatcham is Newbury Racecourse station which is 7.5 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 5, Sandstone Grove, Thatcham, 31.7% of property is privately owned with a mortgage and 31.7% is socially rented.
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 5, Sandstone Grove, Thatcham, 28.5% of residents are recorded as possessing school level qualifications and 34.7% 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 5, Sandstone Grove, Thatcham, the average age was 40.1 and the most common age was 12.
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 5, Sandstone Grove, Thatcham, 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 5, Sandstone Grove, Thatcham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.