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The Grove is a residential street with 28 addresses.
It ranks as the 177th largest and 343rd most expensive of the 405 streets in the RG1 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 28 properties: 16 houses and 12 flats.
The Grove is a residential street with 28 addresses.
It ranks as the 177th largest and 343rd most expensive of the 405 streets in the RG1 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 28 properties: 16 houses and 12 flats.
Sale prices range from £158,615 for 1 bedroom leasehold flats with a garden (398 ft2) to £576,779 for 5 bedroom freehold houses with a garden (1,722 ft2) .
Monthly rental prices range from £986 pcm for 1 bed flats to £2,876 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 7.5%.
The average value per square foot is £385.
The last sale on The Grove sold for £350,000 on 8th June 2024. Since then prices are down an average of 4.4%.
The current average value in the street is £362,569.
The The Grove Sales Market has decreased by 5.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.7% | £362,569 |
| May 2025 | -1.5% | £372,564 |
| May 2024 | -0.4% | £378,248 |
| May 2023 | -0.6% | £379,806 |
| May 2022 | 5.9% | £382,199 |
| May 2021 | -0.4% | £360,915 |
| May 2020 | -1.2% | £362,352 |
| May 2019 | -1.4% | £366,677 |
| May 2018 | -3.4% | £372,063 |
| May 2017 | 0% | £385,230 |
| May 2016 | 16.2% | £385,067 |
| May 2015 | 12.7% | £331,302 |
| May 2014 | 13.6% | £294,032 |
| May 2013 | 1.9% | £258,780 |
| May 2012 | 1.9% | £253,946 |
| May 2011 | -2.1% | £249,162 |
| May 2010 | 8.8% | £254,484 |
| May 2009 | -12.8% | £233,820 |
| May 2008 | -2.6% | £268,167 |
| May 2007 | 0% | £275,404 |
The current average rental value in the street is £1,835.
The The Grove Rental Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,835pcm |
| May 2025 | 1.5% | £1,796pcm |
| May 2024 | 7.4% | £1,769pcm |
| May 2023 | 12.6% | £1,648pcm |
| May 2022 | 9.5% | £1,464pcm |
| May 2021 | 0.3% | £1,337pcm |
| May 2020 | 0.5% | £1,334pcm |
| May 2019 | 0.3% | £1,327pcm |
| May 2018 | 2% | £1,323pcm |
| May 2017 | -2.3% | £1,297pcm |
| May 2016 | 1.6% | £1,327pcm |
| May 2015 | 7.2% | £1,306pcm |
| May 2014 | 5.8% | £1,218pcm |
| May 2013 | 2.1% | £1,151pcm |
| May 2012 | 4% | £1,127pcm |
| May 2011 | 4.2% | £1,084pcm |
| May 2010 | 2.2% | £1,040pcm |
| May 2009 | -9.2% | £1,017pcm |
| May 2008 | 1.8% | £1,120pcm |
| May 2007 | 0% | £1,100pcm |
The last sale was on 8th June 2024 for £350,000 and since then the market in the area has decreased by 4.4%. The street has had a total of 41 sales since 1995.
The Grove, Reading, RG1 has seen 5 sales in the last three years and no sales in the last twelve months.
The Grove, Reading, RG1 is the 177th largest and the 343rd most expensive street in the RG1 area.
There is 1 postcode on The Grove, Reading, RG1.
The closest station to The Grove, Reading, RG1 is Reading station which is 900 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 The Grove, Reading, RG1, 70.7% of property is privately rented and 18.1% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 The Grove, Reading, RG1, 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 South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Grove, Reading, RG1, 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 The Grove, Reading, RG1, 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 The Grove, Reading, RG1, 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.