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Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for First Floor Flat, 15, The Grove, Reading is £208,709 and the estimated rental value is £1,098 per month.
The apartment is within 15, The Grove, Reading, RG1.
The Grove, Reading, RG1 is located within the RG1 postal district.
First Floor Flat, 15, The Grove, Reading has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data 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.
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 First Floor Flat, 15, The Grove, Reading is in very good condition we estimate a sale value of £219,144 and a rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,099 and a rental value of £1,021 per month.
Over the last 12 months the sale value of First Floor Flat 15 The Grove Reading has decreased by an estimated £860 (0.4%) and its rental value has increased by an estimated £50 per month (4.5%), giving an expected gross yield of 6.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 15, The Grove, Reading within a radius of 340 metres over the last 2 years.
The most recent example is 43, Albion Terrace, Reading, RG1 5BG, a leasehold flat which sold for £235,000 on the 31st October 2024.
Read more about house prices in RG1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Grove, Reading, RG1 has a total of 28 addresses. According to our analysis of all the public data, First Floor Flat, 15, The Grove, Reading is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in RG1.
The closest station to First Floor Flat, 15, The Grove, Reading is Reading station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around First Floor Flat, 15, The Grove, Reading, 70.7% of property is privately rented and 18.1% is privately owned with a mortgage.
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 First Floor Flat, 15, The Grove, Reading, 12.4% of residents are recorded as possessing school level qualifications and 56.1% 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 First Floor Flat, 15, The Grove, Reading, the average age was 33.3 and the most common age was 22.
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 First Floor Flat, 15, The Grove, Reading, 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 First Floor Flat, 15, The Grove, Reading, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.