3 Groveland Place, Reading, RG30 2LG is a leasehold flat built between 1991-1995. The property offers approximately 775 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £247,586 , which equates to approximately £319 per square foot. It was last sold on 16 Nov 1998 for £67,500. Since then, the value has increased by £180,086, representing a 266.8% increase, or approximately 9.8% per year.

The current estimated value of £247,586 is:

  • 23.4% higher than the average property price on Groveland Place
  • 25.7% higher than the average in the RG30 2LG postcode area
  • and 35.6% lower than the average price for Reading as a whole

At the most recent EPC inspection on 13 May 2022, the property was recorded as rented.

View sold house prices in RG30 2LG

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£247,586
Price Per sq ft (estimate)
£319
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Groveland Place, Reading, RG30 2LG has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 May 2022.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have partial multiple glazing.

The previous EPC assessment was conducted on 25 Apr 2012. The rating of D is unchanged, though the energy efficiency score decreased by 14.7%.

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 average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to roof room(s), insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from mostly secondary glazing to partial multiple glazing.
  • 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
Roof room(s), insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Partial multiple glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RG30 2LG

6 th / 41
Price Rank
26% higher than average
3 rd / 30
Size Rank
80% bigger than average
29 th / 30
Price Per Sq FT Rank
30% lower than average

Compared to other properties in RG30 2LG , this flat's estimated value ranks 6th out of 41. Based on price per square foot, it ranks 29th out of 30 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 3rd out of 30 properties in its postcode area.

Sale History

Today
£247,586
streetscan.co.uk estimate
+267 %
16 Nov 1998
£67,500
Leasehold

Area Insights

Similar Properties Sold Nearby

17 Groveland Place, Reading, RG30 2LG
rooms: 3
size: 807 sq ft
sale price: £149,000
sale date: 12 Jun 2014
8 Groveland Place, Reading, RG30 2LG
rooms: 3
size: 775 sq ft
sale price: £158,000
sale date: 5 Mar 2010
11 Groveland Place, Reading, RG30 2LG
rooms: 3
size: 818 sq ft
sale price: £62,500
sale date: 29 Jan 1998

Data Sources

The property at 3 Groveland Place, Reading, RG30 2LG appears once in the Land Registry records, with the transaction recorded on 16 Nov 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 May 2022. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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