4, Great Lea
4, Great Lea
Description & Estimates
Public records show 4, Great Lea, Reading to be a period freehold house with 1,410 ft2 of internal area, sitting on a 328 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Great Lea, Reading has an estimated sale value of £399,061 and an estimated rental value of £1,785 per month, assuming reasonable condition and based on the information available.
Great Lea, Three Mile Cross, Reading, RG7 lies within the RG7 postal district.
Our Data Sources
4, Great Lea, Reading has a single entry in the Land Registry from June 2015 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 4, Great Lea, Reading would be worth £419,014, with a potential rental value of £1,875 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £371,127, with a rental value of £1,660 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Great Lea, Reading has declined by £7,056 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £43 (2.4%). The property's estimated gross yield is currently 5.4%.
Plot Size
4, Great Lea, Reading occupies a 328 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
4, Great Lea, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Great Lea, Reading last changed hands on 3rd June 2015, selling for £315,000. 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 risen by 29.9% since June 2015.
- Sold Jun 2015£315,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 4, Great Lea, Reading across the last 2 years.
Most recently, 1, Wrenswood Close, Reading, RG2 8PD, a freehold house, sold at £340,000 on the 17th September 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 4, Great Lea, Reading as the 7th largest and the 12th most expensive of the 22 addresses on Great Lea, Three Mile Cross, Reading, RG7.
Against the RG7 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- 1.6kmGeoffrey Field Junior School
- 1.6kmGeoffrey Field Infant School
- 1.8kmAlder Grove Church of England Primary School
- 1.3kmOakbank School
- 2.0kmHartland High School
- 3.0kmReading Girls' School
More reading links
Public Transport Nearby
Reading Green Park station is the nearest stop to 4, Great Lea, Reading at 2.3 kilometres away.
- 2.3kmReading Green Park
- 5.0kmReading West
- 5.3kmReading
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
