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According to the public record, 39, Groves Lea, Reading is a modern freehold house with 1,173 ft2 of internal area and sits on a 344 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, Groves Lea, Reading is £562,242 and the estimated rental value is £1,864 per month.
Groves Lea, Mortimer, Reading, RG7 is located within the RG7 postal district.
39, Groves Lea, Reading has 21 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 39, Groves Lea, Reading is in very good condition we estimate a sale value of £590,354 and a rental value of £1,957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,885 and a rental value of £1,734 per month.
Over the last 12 months the sale value of 39 Groves Lea Reading has decreased by an estimated £4,829 (0.9%) and its rental value has increased by an estimated £49 per month (2.6%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 39, Groves Lea, Reading sits on a plot of 344m2.
We have plot size data on 27 out of 27 other houses in the postcode and 39, Groves Lea, Reading sits on the 15th largest plot.
39, Groves Lea, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Sep 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 39, Groves Lea, Reading was last sold on 28th February 2017 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2017, the market for similar properties has risen 21.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Groves Lea, Reading within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 55, Groves Lea, Reading, RG7 3SS, a freehold house which sold for £547,000 on the 11th October 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groves Lea, Mortimer, Reading, RG7 has a total of 62 addresses. According to our analysis of all the public data, 39, Groves Lea, Reading is the 32nd largest and the 28th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in RG7.
The closest station to 39, Groves Lea, Reading is Mortimer station which is 2.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 39, Groves Lea, Reading, 42.3% of property is privately owned outright and 34.2% 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 39, Groves Lea, Reading, 16.0% of residents are recorded as possessing school level qualifications and 36.1% 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 39, Groves Lea, Reading, the average age was 42.7 and the most common age was 47.
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 39, Groves Lea, Reading, 2.2% 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 39, Groves Lea, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
