50 Groves Lea, Mortimer, Reading, RG7 3SR is a leasehold flat built between 1991-1995. The property offers approximately 409 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 £198,904 , which equates to approximately £486 per square foot. It was last sold on 17 Dec 2004 for £131,000. Since then, the value has increased by £67,904, representing a 51.8% increase, or approximately 2.5% per year.

The current estimated value of £198,904 is:

  • 60.8% lower than the average property price on Groves Lea
  • 37.3% lower than the average in the RG7 3SR postcode area

At the most recent EPC inspection on 21 December 2021, the property was recorded as rented.

View sold house prices in RG7 3SR

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£198,904
Price Per sq ft (estimate)
£486
Bedroom Count (estimate)
1 bedroom

EPC Summary

50 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 21 Dec 2021.

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.

The previous EPC assessment was conducted on 5 Nov 2010. The rating of C remains the same, but the energy efficiency score improved by 7.2%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
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
Low energy lighting in all fixed outlets
Very Good

Compared to RG7 3SR

31 st / 34
Price Rank
37% lower than average
22 nd / 27
Size Rank
41% smaller than average
12 th / 27
Price Per Sq FT Rank
7% higher than average

Compared to other properties in RG7 3SR , this flat's estimated value ranks 31th out of 34. Based on price per square foot, it ranks 12th out of 27 properties. In terms of size, this home ranks 22th out of 27 properties in its postcode area.

Sale History

Today
£198,904
streetscan.co.uk estimate
+52 %
17 Dec 2004
£131,000
Leasehold
+10.1 %
29 May 2003
£119,000
Leasehold
+46 %
11 May 2001
£81,500
Leasehold
+63.2 %
9 May 1997
£49,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £179,000
sale date: 10 Nov 2023
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

Data Sources

The property at 50 Groves Lea, Mortimer, Reading, RG7 3SR appears four times in the Land Registry records, with the latest transaction recorded on 17 Dec 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Dec 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.


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.