1, Archer Grove
1, Archer Grove
Description & Estimates
According to the public record, 1, Archer Grove, Reading is a modern freehold house with 2,378 ft2 of internal area and sits on a 473 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Archer Grove, Reading is £957,018 and the estimated rental value is £3,515 per month.
Archer Grove, Arborfield Green, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
1, Archer Grove, Reading has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 1, Archer Grove, Reading is in very good condition we estimate a sale value of £1,004,869 and a rental value of £3,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £890,026 and a rental value of £3,269 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Archer Grove, Reading has decreased by £29,151 (3.0%), while its estimated rental value has grown by £51 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Plot Size
According to data from HM Land Registry, 1, Archer Grove, Reading sits on a plot of 473 m2.
We have plot size data on 54 out of 58 other houses in the postcode and 1, Archer Grove, Reading sits on the 12th largest plot.
Energy Efficiency
1, Archer Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Archer Grove, Reading was last sold on 30th April 2018 for £870,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has dropped by 6.7%.
- Sold Apr 2018£870,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Archer Grove, Reading within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 39, Archer Grove, Reading, RG2 9TB, a freehold house which sold for £1,050,000 on the 19th August 2022.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Archer Grove, Arborfield Green, Reading, RG2 has a total of 72 addresses. According to our analysis of all the public data, 1, Archer Grove, Reading is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £584k more expensive than the average property in RG2.
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Schools Nearby
- 1.7kmGorse Ride Junior School
- 1.8kmGorse Ride Infants' School
- 1.9kmThe Coombes Church of England Primary School
- 1.0kmBohunt School Wokingham
- 4.4kmThe Holt School
- 4.5kmThe Emmbrook School
More reading links
Public Transport Nearby
The closest station to 1, Archer Grove, Reading is Wokingham station, which is 4.0 kilometres away.
- 4.0kmWokingham
- 4.9kmCrowthorne
- 5.0kmWinnersh
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
