2, Shipridge Drive - RG7 1TL
Key Building Insights
2, Shipridge Drive is a residential building situated on Shipridge Drive, Spencers Wood, Reading, RG7 with 8 addresses.
It ranks as the 324th largest and 217th most expensive of the 377 buildings in the RG7 area. The most common property type is a modern flat built after 1980.
The building contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £243,658
- 10 Year change
- down 7.2%
- Ave. Rental Price
- £1,097pcm
- 10 Year change
- up 21.1%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Building Insights
2, Shipridge Drive is a residential building situated on Shipridge Drive, Spencers Wood, Reading, RG7 with 8 addresses.
It ranks as the 324th largest and 217th most expensive of the 377 buildings in the RG7 area. The most common property type is a modern flat built after 1980.
The building contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £243,658
- 10 Year change
- down 7.2%
- Ave. Rental Price
- £1,097pcm
- 10 Year change
- up 21.1%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertieson Shipridge Drive, Spencers Wood, Reading, RG7
- Flat 1, 2 Shipridge Drive
2 Bed Modern Flat
- Flat 2, 2 Shipridge Drive
2 Bed Modern Flat
- Flat 3, 2 Shipridge Drive
2 Bed Modern Flat
- Flat 4, 2 Shipridge Drive
2 Bed Modern Flat
- Flat 5, 2 Shipridge Drive
2 Bed Modern Flat
Sales Market Trends
The last sale in 2, Shipridge Drive sold for £267,500 on 7th July 2025. Since then prices are down an average of 4.2%.
The current average value in the building is £243,658.
The 2, Shipridge Drive Sales Market has decreased by 7.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.3% | £243,658 |
| June 2025 | -3% | £254,601 |
| June 2024 | 0.9% | £262,379 |
| June 2023 | -0.3% | £260,162 |
| June 2022 | 3.6% | £260,945 |
| June 2021 | -0.3% | £251,918 |
| June 2020 | -0.2% | £252,625 |
| June 2019 | -2% | £253,249 |
| June 2018 | -1.9% | £258,361 |
| June 2017 | 0.3% | £263,472 |
| June 2016 | 12.8% | £262,591 |
| June 2015 | 12.4% | £232,768 |
| June 2014 | 11.2% | £207,110 |
| June 2013 | 4.3% | £186,309 |
| June 2012 | 1.9% | £178,664 |
| June 2011 | -2.9% | £175,349 |
| June 2010 | 5.9% | £180,679 |
| June 2009 | -12.2% | £170,649 |
| June 2008 | -2.7% | £194,363 |
| June 2007 | 0% | £199,825 |
Rental Market Trends
The current average rental value in the building is £1,097.
The 2, Shipridge Drive Rental Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,097pcm |
| June 2025 | 0.3% | £1,077pcm |
| June 2024 | 5.2% | £1,074pcm |
| June 2023 | 10.1% | £1,020pcm |
| June 2022 | 6.5% | £927pcm |
| June 2021 | 1.3% | £871pcm |
| June 2020 | -0.7% | £859pcm |
| June 2019 | 0.9% | £866pcm |
| June 2018 | -2% | £858pcm |
| June 2017 | -3.4% | £875pcm |
| June 2016 | 4.5% | £906pcm |
| June 2015 | 6% | £867pcm |
| June 2014 | 4.6% | £818pcm |
| June 2013 | 2.4% | £782pcm |
| June 2012 | 4.4% | £763pcm |
| June 2011 | 2.8% | £731pcm |
| June 2010 | 1.7% | £711pcm |
| June 2009 | -10% | £700pcm |
| June 2008 | 2.2% | £777pcm |
| June 2007 | 0% | £761pcm |
Sales History
The last sale was on 7th July 2025 for £267,500 and since then the market in the area has decreased by 4.2%. The building has had a total of 14 sales since 1995.
2, Shipridge Drive, Spencers Wood, Reading, RG7 1TL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£267,500 | 2 Bed FlatFlat 7, 2, Shipridge Drive, Reading, RG7 1TLFlat 7, 2, Shipridge Drive, Reading, RG7 1TL
- Sold Sep 2024£274,000 | 2 Bed FlatFlat 6, 2, Shipridge Drive, Reading, RG7 1TLFlat 6, 2, Shipridge Drive, Reading, RG7 1TL
- Sold Oct 2022£260,000 | 2 Bed FlatFlat 4, 2, Shipridge Drive, Reading, RG7 1TLFlat 4, 2, Shipridge Drive, Reading, RG7 1TL
- Sold Aug 2022£250,000 | 2 Bed FlatFlat 2, 2, Shipridge Drive, Reading, RG7 1TLFlat 2, 2, Shipridge Drive, Reading, RG7 1TL
- Sold Apr 2022£250,000 | 2 Bed FlatFlat 5, 2, Shipridge Drive, Reading, RG7 1TLFlat 5, 2, Shipridge Drive, Reading, RG7 1TL
Property Types
- 8 modern flats built after 1980
- modern flat (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (8)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2019£4,687,384 | 2 Bed FlatFlat 5, 1, Shipridge Drive, Reading, RG7 1UGFlat 5, 1, Shipridge Drive, Reading, RG7 1UG
- Sold Dec 2018£635,000 | 4 Bed House30, Shipridge Drive, Reading, RG7 1TL30, Shipridge Drive, Reading, RG7 1TL
- Sold Jul 2020£600,000 | 4 Bed House34, Shipridge Drive, Reading, RG7 1TL34, Shipridge Drive, Reading, RG7 1TL
Schools Nearby
- Alder Grove Church of England Primary School700 m away
- Shinfield Infant and Nursery School1.1 km away
- Shinfield St Mary's CofE Junior School1.3 km away
- Oakbank School500 m away
- Hartland High School2.9 km away
- Reading Girls' School4.1 km away
More reading links
Public Transport Nearby
The closest station to 2, Shipridge Drive, Spencers Wood, Reading, RG7 1TL is Reading Green Park station, which is 4.0 kilometres away.
- Reading Green Park|4.0 km away
- Earley|5.6 km away
- Mortimer|5.9 km away
- Winnersh Triangle|6.4 km away