2, Mandarin Grove
2, Mandarin Grove
Description & Estimates
2, Mandarin Grove, Reading is recorded publicly as a modern freehold house across 1,130 ft2 of internal area, sitting on a 190 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Mandarin Grove, Reading is £501,359 and its rental estimate is £2,371 per month, given the available information and assuming reasonable condition.
Mandarin Grove, Arborfield Green, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
2, Mandarin Grove, Reading has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Mandarin Grove, Reading, we estimate a market value of £526,427 and a rental value of £2,490 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £466,264 and £2,205 per month respectively.
Recent Market Change
Over the last year, 2, Mandarin Grove, Reading has seen its estimated sale value drop by £13,455 (2.7%) and its estimated rental value rise by £55 per month (2.3%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 2, Mandarin Grove, Reading as measuring 190 m2.
That makes it the 5th largest plot in the postcode, where 8 of the 12 other houses have recorded plot data.
Energy Efficiency
2, Mandarin Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Mandarin Grove, Reading completed on 30th April 2021 at £455,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.1% over the period since April 2021.
- Sold Apr 2021£455,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Mandarin Grove, Reading have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2021, was 14, Pintail Place, Reading, RG2 9WN, a freehold house which sold for £455,000.
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
Of the 30 addresses on Mandarin Grove, Arborfield Green, Reading, RG2, 2, Mandarin Grove, Reading comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £128k more expensive than the average property across the RG2 district.
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Schools Nearby
- 1.5kmThe Coombes Church of England Primary School
- 2.2kmFarley Hill Primary School
- 2.2kmGorse Ride Junior School
- 700mBohunt School Wokingham
- 4.8kmThe Holt School
- 4.9kmThe Emmbrook School
More reading links
Public Transport Nearby
From 2, Mandarin Grove, Reading, the nearest station is Wokingham, 4.4 kilometres away.
- 4.4kmWokingham
- 5.0kmWinnersh
- 5.5kmCrowthorne
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
