Spencer Road - RG2 8TP
Key Postcode Insights
RG2 8TP is a residential postcode situated on Spencer Road, Reading, RG2 with 25 addresses.
It ranks as the 651st largest and 548th most expensive of the 967 postcodes in the RG2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £346,462
- 10 Year change
- up 10.3%
- Ave. Rental Price
- £1,854pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
RG2 8TP is a residential postcode situated on Spencer Road, Reading, RG2 with 25 addresses.
It ranks as the 651st largest and 548th most expensive of the 967 postcodes in the RG2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 25 properties: 25 houses.
- Ave. Sale Price
- £346,462
- 10 Year change
- up 10.3%
- Ave. Rental Price
- £1,854pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin RG2 8TP
- 45 Spencer Road
Unknown
- 47 Spencer Road
3 Bed Early-century House
- 49 Spencer Road
3 Bed House
- 51 Spencer Road
Unknown
- 53 Spencer Road
3 Bed Mid-century House
Sales Market Trends
The last sale in RG2 8TP sold for £375,000 on 24th March 2023. Since then prices are down an average of 2.0%.
The current average value in the postcode is £346,462.
The RG2 8TP Sales Market has increased by 10.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £346,462 |
| June 2025 | -0.4% | £359,331 |
| June 2024 | 1.2% | £360,856 |
| June 2023 | 1.5% | £356,464 |
| June 2022 | 8.1% | £351,334 |
| June 2021 | 3.4% | £325,008 |
| June 2020 | -0.4% | £314,303 |
| June 2019 | -1.9% | £315,684 |
| June 2018 | -0.2% | £321,765 |
| June 2017 | 2.6% | £322,285 |
| June 2016 | 14% | £314,234 |
| June 2015 | 13.7% | £275,733 |
| June 2014 | 13.7% | £242,574 |
| June 2013 | 4.5% | £213,296 |
| June 2012 | 1.3% | £204,174 |
| June 2011 | -2.7% | £201,512 |
| June 2010 | 9.9% | £207,199 |
| June 2009 | -10.9% | £188,584 |
| June 2008 | -3% | £211,643 |
| June 2007 | 0% | £218,156 |
Rental Market Trends
The current average rental value in the postcode is £1,854.
The RG2 8TP Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,854pcm |
| June 2025 | 3% | £1,805pcm |
| June 2024 | 5% | £1,751pcm |
| June 2023 | 12.1% | £1,668pcm |
| June 2022 | 11.5% | £1,488pcm |
| June 2021 | 5.4% | £1,334pcm |
| June 2020 | -1% | £1,266pcm |
| June 2019 | 1.2% | £1,279pcm |
| June 2018 | -0.6% | £1,264pcm |
| June 2017 | -1.7% | £1,272pcm |
| June 2016 | 5.9% | £1,294pcm |
| June 2015 | 7.1% | £1,222pcm |
| June 2014 | 7.2% | £1,141pcm |
| June 2013 | 2.2% | £1,064pcm |
| June 2012 | 3.9% | £1,041pcm |
| June 2011 | 3.4% | £1,002pcm |
| June 2010 | 5.7% | £970pcm |
| June 2009 | -8.9% | £917pcm |
| June 2008 | 1.8% | £1,007pcm |
| June 2007 | 0% | £989pcm |
Sales History
The last sale was on 24th March 2023 for £375,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 27 sales since 1995.
RG2 8TP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2023£375,000 | 3 Bed House63, Spencer Road, Reading, RG2 8TP63, Spencer Road, Reading, RG2 8TP
- Sold Apr 2021£288,000 | 3 Bed House73, Spencer Road, Reading, RG2 8TP73, Spencer Road, Reading, RG2 8TP
- Sold Jan 2019£308,300 | 3 Bed House63, Spencer Road, Reading, RG2 8TP63, Spencer Road, Reading, RG2 8TP
- Sold May 2018£285,000 | 3 Bed House85, Spencer Road, Reading, RG2 8TP85, Spencer Road, Reading, RG2 8TP
- Sold Feb 2016£260,000 | 3 Bed House55, Spencer Road, Reading, RG2 8TP55, Spencer Road, Reading, RG2 8TP
Nearby Postcodes
RG2 8TP is the 651st largest and the 548th most expensive postcode out of the 967 postcodes in the RG2 area.
- RG2 8TN, Spencer Road, Reading, RG2RG2 8TN22 Addresses|40 m away
- RG2 8UJ, Dovecote Road, Reading, RG2RG2 8UJ31 Addresses|72 m away
- RG2 8TS, Vernon Crescent, Reading, RG2RG2 8TS24 Addresses|100 m away
- RG2 8PP, Whitley Wood Lane, Reading, RG2RG2 8PP51 Addresses|103 m away
- RG2 8TL, Whitley Wood Road, Reading, RG2RG2 8TL6 Addresses|127 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 2 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (11)
- house (2)
- early-century house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (2)
- G (0)
- D (8)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Jun 2022£425,000 | 4 Bed House21, Spencer Road, Reading, RG2 8TW21, Spencer Road, Reading, RG2 8TW
- Sold May 2022£396,000 | 3 Bed House2, Spencer Road, Reading, RG2 8TR2, Spencer Road, Reading, RG2 8TR
- Sold Mar 2023£375,000 | 3 Bed House63, Spencer Road, Reading, RG2 8TP63, Spencer Road, Reading, RG2 8TP
Schools Nearby
- Geoffrey Field Junior School600 m away
- Geoffrey Field Infant School600 m away
- Christ The King Catholic Primary School700 m away
- Hartland High School1.0 km away
- Oakbank School1.6 km away
- Reading Girls' School2.1 km away
More reading links
Public Transport Nearby
The closest station to RG2 8TP is Reading Green Park station, which is 2.5 kilometres away.
- Reading Green Park|2.5 km away
- Earley|4.3 km away
- Reading West|4.6 km away
- Reading|4.6 km away
