According to the public record, 6, The Grove, Reading is a period freehold house with 1,485 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
The Grove, Reading, RG1 is located within the RG1 postal district.
6, The Grove, Reading has 31 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated January 2021.
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 6 The Grove Reading as £541,643 and the rental value as £2,012 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 6 The Grove Reading has decreased by £13,758 (2.5%) and its rental value has increased by £63 per month (3.1%).
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 6, The Grove, Reading is in very good condition we estimate a sale value of £568,725 and rental value of £2,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,728 and a rental value of £1,871 per month.
If you were able to purchase this property for the estimated value of £541,643, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,662 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, 6, The Grove, Reading sits on a plot of 213m2.
We have plot size data on 13 out of 16 other houses in the postcode and 6, The Grove, Reading sits on the 5th largest plot.
According to HM Land Registry, 6, The Grove, Reading was last sold on 29 Sep 2021 for £540,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has dropped 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Grove, Reading within a radius of 320 metres over the last 2 years.
The most recent example is 27, The Grove, Reading, RG1 4RB, a Freehold house which sold for £485,000 in Jul 2015.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Grove, Reading, RG1 has a total of 28 addresses. According to our analysis of all the public data, 6, The Grove, Reading is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £245k more expensive than the average property in RG1.
6, The Grove, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2021.
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 6, The Grove, Reading is Reading station which is 900 metres 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 6, The Grove, Reading, 70.7% of property is privately rented and 18.1% 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 6, The Grove, Reading, 12.4% of residents are recorded as possessing school level qualifications and 56.1% 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 6, The Grove, Reading, the average age was 33.3 and the most common age was 22.
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 6, The Grove, 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 6, The Grove, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.