26 Groves Lea, Mortimer, Reading, RG7 3SR is a leasehold flat built between 1991-1995. The property offers approximately 527 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £198,383 , which equates to approximately £376 per square foot. It was last sold on 30 Sep 2021 for £183,000. Since then, the value has increased by £15,383, representing a 8.4% increase, or approximately 2.0% per year.

The current estimated value of £198,383 is:

  • 60.9% lower than the average property price on Groves Lea
  • 37.5% lower than the average in the RG7 3SR postcode area

At the most recent EPC inspection on 16 March 2021, the property was recorded as owner-occupied.

View sold house prices in RG7 3SR

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£198,383
Price Per sq ft (estimate)
£376
Bedroom Count (estimate)
1 bedroom

EPC Summary

26 Groves Lea, Mortimer, Reading, West Berkshire, Berkshire, RG7 3SR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Mar 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Dec 2009. The rating of C remains the same, but the energy efficiency score improved by 2.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG7 3SR

32 nd / 34
Price Rank
38% lower than average
9 th / 27
Size Rank
24% smaller than average
27 th / 27
Price Per Sq FT Rank
17% lower than average

Compared to other properties in RG7 3SR , this flat's estimated value ranks 32th out of 34. Based on price per square foot, it ranks 27th out of 27 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 27 properties in its postcode area.

Sale History

Today
£198,383
streetscan.co.uk estimate
+8 %
30 Sep 2021
£183,000
Leasehold
+4.6 %
5 Aug 2016
£175,000
Leasehold
+30.6 %
21 Jun 2007
£134,000
Leasehold
+48.9 %
22 Mar 2002
£90,000
Leasehold
+28.6 %
21 Jan 2000
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £210,000
sale date: 30 Sep 2022
rooms: 3
size: 506 sq ft
sale price: £195,000
sale date: 30 Sep 2021
rooms: 3
size: 506 sq ft
sale price: £210,000
sale date: 30 Sep 2021
rooms: 3
size: 549 sq ft
sale price: £198,000
sale date: 26 Feb 2021
rooms: 3
size: 502 sq ft
sale price: £208,000
sale date: 3 Jun 2020

Data Sources

The property at 26 Groves Lea, Mortimer, Reading, RG7 3SR appears five times in the Land Registry records, with the latest transaction recorded on 30 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Mar 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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