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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 2, Archer Grove, Reading to be a modern freehold house with 2,464 ft2 of internal area, sitting on a 499 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Archer Grove, Reading has an estimated sale value of £985,018 and an estimated rental value of £3,618 per month, assuming reasonable condition and based on the information available.
Archer Grove, Arborfield Green, Reading, RG2 lies within the RG2 postal district.
2, Archer Grove, Reading has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated October 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.
In very good condition, we estimate 2, Archer Grove, Reading would be worth £1,034,268, with a potential rental value of £3,799 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £916,066, with a rental value of £3,365 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Archer Grove, Reading has declined by £30,004 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £52 (1.4%). The property's estimated gross yield is currently 4.4%.
2, Archer Grove, Reading occupies a 499 m2 plot as recorded by HM Land Registry.
Of the 58 other houses in this postcode, 54 have recorded plot sizes, and this one ranks as the 7th largest.
2, Archer Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
2, Archer Grove, Reading last changed hands on 25th June 2019, selling for £845,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.4% since June 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 2, Archer Grove, Reading across the last 2 years.
Most recently, 28, Archer Grove, Reading, RG2 9TB, a freehold house, sold at £1,100,000 on the 30th March 2022.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Archer Grove, Reading as the 8th largest and the 5th most expensive of the 72 addresses on Archer Grove, Arborfield Green, Reading, RG2.
Against the RG2 postcode district average, it is £612k more expensive than the typical property.
Wokingham station is the nearest stop to 2, Archer Grove, Reading at 4.0 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Archer Grove, Reading, 57.4% of property is privately owned with a mortgage and 20.0% is privately owned outright.
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 2, Archer Grove, Reading, 24.5% of residents are recorded as possessing school level qualifications and 53.0% 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 2, Archer Grove, Reading, the average age was 41.5 and the most common age was 57.
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 2, Archer Grove, Reading, 1.4% 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 2, Archer Grove, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
