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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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9, Sandstone Grove, Thatcham is recorded publicly as a modern leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 9, Sandstone Grove, Thatcham is £111,822 and its rental estimate is £636 per month, given the available information and assuming reasonable condition.
Sandstone Grove, Hermitage, Thatcham, RG18 falls within the RG18 postal district.
9, Sandstone Grove, Thatcham has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated March 2020.
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.
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 9, Sandstone Grove, Thatcham, we estimate a market value of £117,413 and a rental value of £668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £103,995 and £592 per month respectively.
Over the last year, 9, Sandstone Grove, Thatcham has seen its estimated sale value drop by £3,149 (2.8%) and its estimated rental value rise by £18 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
9, Sandstone Grove, Thatcham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 9, Sandstone Grove, Thatcham completed on 15th December 2016 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.8% over the period since December 2016.
Over the past 2 years 3 properties similar to 9, Sandstone Grove, Thatcham have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2023, was 4, Sandstone Grove, Thatcham, RG18 9WS, a leasehold flat which sold for £95,000.
Read more about house prices in RG18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 48 addresses on Sandstone Grove, Hermitage, Thatcham, RG18, 9, Sandstone Grove, Thatcham comes out as the 38th largest and the 41st most expensive in our analysis of the public data.
It is also £357k less expensive than the average property across the RG18 district.
From 9, Sandstone Grove, Thatcham, the nearest station is Newbury Racecourse, 7.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Sandstone Grove, Thatcham, 31.7% of property is privately owned with a mortgage and 31.7% is socially rented.
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 9, Sandstone Grove, Thatcham, 28.5% of residents are recorded as possessing school level qualifications and 34.7% 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 9, Sandstone Grove, Thatcham, the average age was 40.1 and the most common age was 12.
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 9, Sandstone Grove, Thatcham, 0.0% 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 9, Sandstone Grove, Thatcham, 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.
