50 Groves Lea – 38 m² sold £131k

Property data

Sale history

Date	Paid price	Annual growth	After inflation
Dec 2004	£131,000	6.4%	4.8%
May 2003	£119,000	20.3%	18.8%
May 2001	£81,500	13.0%	11.1%
May 1997	£49,950	na	na

Internal area

38 square metres (409 square feet) according to latest EPC inspection

Price per internal area

This property sold for £3,447 per square metre (£320 per square foot) in Dec 2004. Indexed forward to today's value, this is roughly £4,868 per square metre (£452 per square foot) .

Date	Paid price	Paid £/sqm	Today's value	Today's value £/sqm
Dec 2004	£131,000	£3,447	£184,987	£4,868
May 2003	£119,000	£3,132	£184,699	£4,860
May 2001	£81,500	£2,145	£166,178	£4,373
May 1997	£49,950	£1,314	£184,849	£4,864

Calculated using the latest EPC internal area of 38 m². Earlier sale dates may not have had the same measured area available.

Valuation

The most recent sale price indexed forward to today's value is £184,987. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Burghfield Common are now selling for between £4,090 and £5,110 per square metre (£379 and £474 per square foot). Based on an internal area of 38 m², this implies a valuation between £155,000 and £194,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.

Bedrooms

1

Type

Flat

Council tax band

C

Company ownership

Title number: BK325100
Tenure: Leasehold/other
Title address: 50 Groves Lea, Oak Grove, Mortimer
Owner: ENGLEFIELD ESTATE TRUST CORPORATION LIMITED (Company reference number: 2065923)
Proprietor address: Englefield Estate Office, Theale, Reading, Berks RG7 5DU
Ownership record added to Land Registry's corporate ownership dataset 14 Jan 2005

Archived listings

History:

Archived rental listing for 50 Groves Lea. Advertised on multiple portals. It was added on 15/02/2013. It last appeared Apr 2013.

Photos:

There are 4 archived estate agent listing photos for 50 Groves Lea.

View photos

Advertiser remarks:

1 bedrooms

EPC Inspections

Summary:: 21 December 2021 - energy performance certificate grade C
Certificate:: View energy certificate on GOV.UK
Reason for EPC:: Rental
Tenure:: Private rental
Property type:: 1st floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 1991 to 1995
Area:: 38 sqm (409 square foot) total internal area
Comments:: Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Electric storage heaters.

Summary:: 05 November 2010 - energy performance certificate grade C
Reason for EPC:: None
Tenure:: Private rental
Property type:: None , has 2 habitable rooms. Estimated year built 1991 to 1995
Area:: 38 sqm (409 square foot) total internal area
Comments:

50, Groves Lea, RG7 3SR