According to the public record, 7A, Grovelands Road, Reading is a modern freehold house with 2,088 ft2 of internal area and sits on a 673 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grovelands Road, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
7A, Grovelands Road, Reading has 41 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated October 2017.
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 7A Grovelands Road Reading as £744,491 and the rental value as £2,349 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 7A Grovelands Road Reading has decreased by £22,076 (3.0%) and its rental value has increased by £62 per month (2.6%).
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 7A, Grovelands Road, Reading is in very good condition we estimate a sale value of £781,715 and rental value of £2,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £692,376 and a rental value of £2,184 per month.
If you were able to purchase this property for the estimated value of £744,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,659 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, 7A, Grovelands Road, Reading sits on a plot of 673m2.
We have plot size data on 18 out of 30 other houses in the postcode and 7A, Grovelands Road, Reading sits on the 9th largest plot.
According to HM Land Registry, 7A, Grovelands Road, Reading was last sold on 26 Jun 2018 for £745,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jun 2018, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Grovelands Road, Reading within a radius of 900 metres over the last 2 years.
The most recent example is 81A, Clares Green Road, Reading, RG7 1DU, a Freehold house which sold for £785,000 in Oct 2022.
Read more about house prices in RG7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grovelands Road, Spencers Wood, Reading, RG7 has a total of 30 addresses. According to our analysis of all the public data, 7A, Grovelands Road, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in RG7.
7A, Grovelands Road, Reading has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2017.
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 7A, Grovelands Road, Reading is Reading Green Park station which is 4.2 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 7A, Grovelands Road, Reading, 31.1% of property is privately owned outright and 30.3% 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 7A, Grovelands Road, Reading, 18.8% of residents are recorded as possessing school level qualifications and 33.6% 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 7A, Grovelands Road, Reading, the average age was 37.6 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 7A, Grovelands Road, Reading, 0.6% 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 7A, Grovelands Road, 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.