38 Groves Lea, Mortimer, Reading, RG7 3SR is a leasehold flat built between 1983-1990. The property offers approximately 420 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £197,918 , which equates to approximately £471 per square foot. It was last sold on 10 Feb 2004 for £116,000. Since then, the value has increased by £81,918, representing a 70.6% increase, or approximately 3.2% per year.

The current estimated value of £197,918 is:

  • 61.0% lower than the average property price on Groves Lea
  • 37.7% lower than the average in the RG7 3SR postcode area

View sold house prices in RG7 3SR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
420 sq ft
Tenure
Leasehold
Price (estimate)
£197,918
Price Per sq ft (estimate)
£471
Bedroom Count (estimate)
1 bedroom

EPC Summary

38 Groves Lea, Mortimer, Reading, West Berkshire, Berkshire, RG7 3SR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Oct 2015.

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

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to RG7 3SR

26 th / 34
Price Rank
38% lower than average
20 th / 27
Size Rank
40% smaller than average
9 th / 27
Price Per Sq FT Rank
4% higher than average

Compared to other properties in RG7 3SR , this flat's estimated value ranks 26th out of 34. Based on price per square foot, it ranks 9th out of 27 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 20th out of 27 properties in its postcode area.

Sale History

Today
£197,918
streetscan.co.uk estimate
+71 %
10 Feb 2004
£116,000
Leasehold
+78.6 %
30 Apr 1999
£64,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 409 sq ft
sale price: £183,000
sale date: 16 Nov 2022
rooms: 2
size: 366 sq ft
sale price: £166,000
sale date: 30 Sep 2021
rooms: 2
size: 398 sq ft
sale price: £115,000
sale date: 30 Oct 2013
rooms: 2
size: 410 sq ft
sale price: £120,000
sale date: 7 Jun 2013
rooms: 2
size: 409 sq ft
sale price: £131,000
sale date: 17 Dec 2004

Data Sources

The property at 38 Groves Lea, Mortimer, Reading, RG7 3SR appears two times in the Land Registry records, with the latest transaction recorded on 10 Feb 2004. It also has a single Energy Performance Certificate (EPC) from 14 Oct 2015. 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.