4, Archer Grove
4, Archer Grove
Description & Estimates
4, Archer Grove, Reading is recorded publicly as a modern freehold house across 2,378 ft2 of internal area, sitting on a 459 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 4, Archer Grove, Reading is £965,246 and its rental estimate is £3,545 per month, given the available information and assuming reasonable condition.
Archer Grove, Arborfield Green, Reading, RG2 falls within the RG2 postal district.
Our Data Sources
4, Archer Grove, Reading has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated January 2019.
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
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 4, Archer Grove, Reading, we estimate a market value of £1,013,509 and a rental value of £3,722 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £897,679 and £3,297 per month respectively.
Recent Market Change
Over the last year, 4, Archer Grove, Reading has seen its estimated sale value fall by £29,402 (3.0%) and its estimated rental value move up by £51 per month (1.4%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 4, Archer Grove, Reading as measuring 459 m2.
That makes it the 16th largest plot in the postcode, where 54 of the 58 other houses have recorded plot data.
Energy Efficiency
4, Archer Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 4, Archer Grove, Reading completed on 1st February 2019 at £850,000 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 5.7% over the period since February 2019.
- Sold Feb 2019£850,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Archer Grove, Reading have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2022, was 28, Archer Grove, Reading, RG2 9TB, a freehold house which sold for £1,100,000.
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 72 addresses on Archer Grove, Arborfield Green, Reading, RG2, 4, Archer Grove, Reading comes out as the 15th largest and the 13th most expensive in our analysis of the public data.
It is also £592k more expensive than the average property across the RG2 district.
More reading links
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
From 4, Archer Grove, Reading, the nearest station is Wokingham, 4.0 kilometres away.
- 4.0kmWokingham
- 4.9kmCrowthorne
- 5.0kmWinnersh
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
