5, Austen Grove
5, Austen Grove
Description & Estimates
Public records show 5, Austen Grove, Reading to be a modern freehold house with 947 ft2 of internal area, sitting on a 186 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Austen Grove, Reading has an estimated sale value of £494,088 and an estimated rental value of £2,084 per month, assuming reasonable condition and based on the information available.
Austen Grove, Arborfield Green, Reading, RG2 lies within the RG2 postal district.
Our Data Sources
5, Austen Grove, Reading has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated January 2020.
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
In very good condition, we estimate 5, Austen Grove, Reading would be worth £518,793, with a potential rental value of £2,188 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £459,502, with a rental value of £1,938 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 5, Austen Grove, Reading has decreased by £12,432 (2.5%) over the last year. During the same period, its estimated monthly rental value has grown by £48 (2.3%). The property's estimated gross yield is currently 5.1%.
Plot Size
5, Austen Grove, Reading occupies a 186 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
5, Austen Grove, Reading has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Austen Grove, Reading last changed hands on 24th January 2020, selling for £415,950. 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 dropped by 13.5% since January 2020.
- Sold Jan 2020£415,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 900 metres of 5, Austen Grove, Reading across the last 2 years.
Most recently, 22, Bronte Grove, Reading, RG2 9UN, a freehold house, sold at £419,950 on the 19th January 2021.
Read more about house prices in RG2.
- Sold Jan 2021£419,950 | 3 Bed House22, Bronte Grove, Reading, RG2 9UN22, Bronte Grove, Reading, RG2 9UN
- Sold Jan 2021£419,950 | 3 Bed House24, Bronte Grove, Reading, RG2 9UN24, Bronte Grove, Reading, RG2 9UN
- Sold Feb 2020£419,950 | 3 Bed House7, Austen Grove, Reading, RG2 9UP7, Austen Grove, Reading, RG2 9UP
•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 5, Austen Grove, Reading as the 9th largest and the 9th most expensive of the 29 addresses on Austen Grove, Arborfield Green, Reading, RG2.
Against the RG2 postcode district average, it is £121k more expensive than the typical property.
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Schools Nearby
- 1.2kmFarley Hill Primary School
- 2.0kmThe Coombes Church of England Primary School
- 2.7kmGorse Ride Junior School
- 500mBohunt School Wokingham
- 5.2kmOakbank School
- 5.9kmThe Holt School
More reading links
Public Transport Nearby
Wokingham station is the nearest stop to 5, Austen Grove, Reading at 5.5 kilometres away.
- 5.5kmWokingham
- 5.8kmCrowthorne
- 6.0kmWinnersh
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
