The Grove, Reading
The Grove, Reading
Description & Estimates
According to the public record, The Grove, Reading is a freehold house that sits on a 983 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for The Grove, Reading is £1,222,840 and the estimated rental value is £2,502 per month.
Pearson Road, Sonning, Reading, RG4 is located within the RG4 postal district.
Our Data Sources
The Grove, Reading has a single entry in the Land Registry from March 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 The Grove, Reading is in very good condition we estimate a sale value of £1,283,982 and a rental value of £2,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,137,241 and a rental value of £2,326 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Grove, Reading has decreased by £35,049 (2.9%), while its estimated rental value has grown by £34 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 2.5%.
Plot Size
According to data from HM Land Registry, The Grove, Reading sits on a plot of 983 m2.
We have plot size data on 20 out of 20 other houses in the postcode and The Grove, Reading sits on the 6th largest plot.
Sold Prices
According to HM Land Registry, The Grove, Reading was last sold on 25th March 2020 for £1,800,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has dropped by 14.9%.
- Sold Mar 2020£1,800,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Grove, Reading within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 11, Pound Lane, Reading, RG4 6XD, a freehold house which sold for £1,580,000 on the 20th May 2024.
Read more about house prices in RG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Pearson Road, Sonning, Reading, RG4 has a total of 46 addresses. According to our analysis of all the public data, The Grove, Reading is the 6th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £662k more expensive than the average property in RG4.
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Schools Nearby
- 400mSonning Church of England Primary School
- 1.6kmWillow Bank Infant School
- 1.6kmWillow Bank Junior School
- 1.7kmWaingels
- 2.1kmThe Bulmershe School
- 3.4kmMaiden Erlegh School in Reading
More reading links
Public Transport Nearby
The closest station to The Grove, Reading is Twyford station, which is 3.3 kilometres away.
- 3.3kmTwyford
- 3.5kmEarley
- 3.7kmWargrave
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
