4, Alder Grove
4, Alder Grove
Description & Estimates
According to the public record, 4, Alder Grove, Reading is a modern freehold house with 1,915 ft2 of internal area and sits on a 265 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 4, Alder Grove, Reading is £676,239 and the estimated rental value is £2,858 per month.
Alder Grove, Shinfield, Reading, RG2 is located within the RG2 postal district.
Our Data Sources
4, Alder Grove, Reading has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Alder Grove, Reading is in very good condition we estimate a sale value of £710,051 and a rental value of £3,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £628,902 and a rental value of £2,658 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Alder Grove, Reading has declined by £20,599 (3.0%), while its estimated rental value has climbed by £41 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Plot Size
According to data from HM Land Registry, 4, Alder Grove, Reading sits on a plot of 265 m2.
We have plot size data on 29 out of 48 other houses in the postcode and 4, Alder Grove, Reading sits on the 10th largest plot.
Energy Efficiency
4, Alder Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2021.
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, 4, Alder Grove, Reading was last sold on 16th December 2020 for £630,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen by 9.8%.
- Sold Dec 2020£630,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Alder Grove, Reading within a radius of 710 metres over the last 2 years.
The most recent example is 25, Allen Way, Reading, RG2 9RB, a freehold house which sold for £645,000 on the 22nd September 2021.
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
Alder Grove, Shinfield, Reading, RG2 has a total of 48 addresses. According to our analysis of all the public data, 4, Alder Grove, Reading is the largest and the most expensive property on the street.
When compared to the postcode district it is £303k more expensive than the average property in RG2.
More reading links
Schools Nearby
- 100mAlder Grove Church of England Primary School
- 600mShinfield Infant and Nursery School
- 800mShinfield St Mary's CofE Junior School
- 800mOakbank School
- 2.3kmHartland High School
- 3.5kmReading Girls' School
More reading links
Public Transport Nearby
The closest station to 4, Alder Grove, Reading is Reading Green Park station, which is 3.9 kilometres away.
- 3.9kmReading Green Park
- 4.7kmEarley
- 5.6kmWinnersh Triangle
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
