60 Groves Lea, Mortimer, Reading, RG7 3SR is a leasehold flat built between 1991-1995. The property offers approximately 549 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 £218,460 , which equates to approximately £398 per square foot. It was last sold on 26 Feb 2021 for £198,000. Since then, the value has increased by £20,460, representing a 10.3% increase, or approximately 2.2% per year.

The current estimated value of £218,460 is:

  • 57.0% lower than the average property price on Groves Lea
  • 31.2% 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
1991-1995
Interior Size
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£218,460
Price Per sq ft (estimate)
£398
Bedroom Count (estimate)
1 bedroom

EPC Summary

60 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 28 Aug 2020.

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 3 Mar 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 5.6%.

Since the previous assessment, several changes were observed:

  • 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, 100mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • 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 low energy lighting in 40% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to RG7 3SR

18 th / 34
Price Rank
31% lower than average
7 th / 27
Size Rank
21% smaller than average
21 st / 27
Price Per Sq FT Rank
13% lower than average

Compared to other properties in RG7 3SR , this flat's estimated value ranks 18th out of 34. Based on price per square foot, it ranks 21th 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 7th out of 27 properties in its postcode area.

Sale History

Today
£218,460
streetscan.co.uk estimate
+10 %
26 Feb 2021
£198,000
Leasehold
+41.4 %
12 Apr 2006
£140,000
Leasehold
-9.6 %
15 Jul 2004
£154,950
Leasehold
+55.7 %
18 Dec 2000
£99,500
Leasehold
+32.7 %
19 Nov 1999
£75,000
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: 2
size: 527 sq ft
sale price: £183,000
sale date: 30 Sep 2021
rooms: 3
size: 502 sq ft
sale price: £208,000
sale date: 3 Jun 2020

Data Sources

The property at 60 Groves Lea, Mortimer, Reading, RG7 3SR appears five times in the Land Registry records, with the latest transaction recorded on 26 Feb 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Aug 2020. 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.