Spencer Road - RG2 8TR
Key Postcode Insights
RG2 8TR is a residential postcode situated on Spencer Road, Reading, RG2 with 9 addresses.
It ranks as the 268th largest and 480th most expensive of the 967 postcodes in the RG2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £338,155
- 10 Year change
- up 10.2%
- Ave. Rental Price
- £1,843pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
RG2 8TR is a residential postcode situated on Spencer Road, Reading, RG2 with 9 addresses.
It ranks as the 268th largest and 480th most expensive of the 967 postcodes in the RG2 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £338,155
- 10 Year change
- up 10.2%
- Ave. Rental Price
- £1,843pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin RG2 8TR
- 2 Spencer Road
3 Bed Early-century House
- 4 Spencer Road
Unknown
- 6 Spencer Road
Unknown
- 8 Spencer Road
Unknown
- 10 Spencer Road
3 Bed Early-century House
Sales Market Trends
The last sale in RG2 8TR sold for £340,000 on 22nd October 2024. Since then prices are down an average of 4.6%.
The current average value in the postcode is £338,155.
The RG2 8TR Sales Market has increased by 10.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £338,155 |
| June 2025 | -0.4% | £350,670 |
| June 2024 | 1.2% | £352,104 |
| June 2023 | 1.5% | £347,955 |
| June 2022 | 8.1% | £342,924 |
| June 2021 | 3.4% | £317,251 |
| June 2020 | -0.4% | £306,789 |
| June 2019 | -1.9% | £308,143 |
| June 2018 | -0.2% | £314,052 |
| June 2017 | 2.5% | £314,645 |
| June 2016 | 14% | £306,834 |
| June 2015 | 13.7% | £269,213 |
| June 2014 | 13.7% | £236,850 |
| June 2013 | 4.5% | £208,258 |
| June 2012 | 1.3% | £199,373 |
| June 2011 | -2.7% | £196,745 |
| June 2010 | 9.9% | £202,300 |
| June 2009 | -10.9% | £184,102 |
| June 2008 | -3% | £206,601 |
| June 2007 | 0% | £212,986 |
Rental Market Trends
The current average rental value in the postcode is £1,843.
The RG2 8TR Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,843pcm |
| June 2025 | 3% | £1,794pcm |
| June 2024 | 5% | £1,741pcm |
| June 2023 | 12.1% | £1,658pcm |
| June 2022 | 11.5% | £1,478pcm |
| June 2021 | 5.4% | £1,326pcm |
| June 2020 | -1% | £1,258pcm |
| June 2019 | 1.2% | £1,271pcm |
| June 2018 | -0.6% | £1,256pcm |
| June 2017 | -1.6% | £1,264pcm |
| June 2016 | 5.9% | £1,285pcm |
| June 2015 | 7.1% | £1,214pcm |
| June 2014 | 7.2% | £1,134pcm |
| June 2013 | 2.2% | £1,058pcm |
| June 2012 | 3.9% | £1,035pcm |
| June 2011 | 3.4% | £996pcm |
| June 2010 | 5.7% | £964pcm |
| June 2009 | -8.9% | £912pcm |
| June 2008 | 1.8% | £1,001pcm |
| June 2007 | 0% | £983pcm |
Sales History
The last sale was on 22nd October 2024 for £340,000 and since then the market in the area has decreased by 4.6%. The postcode has had a total of 10 sales since 1995.
RG2 8TR has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£340,000 | 3 Bed House18, Spencer Road, Reading, RG2 8TR18, Spencer Road, Reading, RG2 8TR
- Sold Mar 2024£345,000 | 3 Bed House14, Spencer Road, Reading, RG2 8TR14, Spencer Road, Reading, RG2 8TR
- Sold May 2022£396,000 | 3 Bed House2, Spencer Road, Reading, RG2 8TR2, Spencer Road, Reading, RG2 8TR
- Sold Mar 2018£320,000 | 3 Bed House10, Spencer Road, Reading, RG2 8TR10, Spencer Road, Reading, RG2 8TR
- Sold Jun 2016£320,000 | 3 Bed House2, Spencer Road, Reading, RG2 8TR2, Spencer Road, Reading, RG2 8TR
Nearby Postcodes
RG2 8TR is the 268th largest and the 480th most expensive postcode out of the 967 postcodes in the RG2 area.
- RG2 8PL, Whitley Wood Lane, Reading, RG2RG2 8PL3 Addresses|48 m away
- RG2 8PG, Ashby Court, Reading, RG2RG2 8PG23 Addresses|52 m away
- RG2 8TW, Spencer Road, Reading, RG2RG2 8TW22 Addresses|75 m away
- RG2 8TZ, St. Elizabeth Close, Reading, RG2RG2 8TZ10 Addresses|84 m away
- RG2 8PN, Whitley Wood Lane, Reading, RG2RG2 8PN15 Addresses|86 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- mid-century house (1)
- early-century house (4)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (4)
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 School500 m away
- Geoffrey Field Infant School500 m away
- Christ The King Catholic Primary School600 m away
- Hartland High School800 m away
- Oakbank School1.8 km away
- Reading Girls' School1.9 km away
More reading links
Public Transport Nearby
The closest station to RG2 8TR is Reading Green Park station, which is 2.3 kilometres away.
- Reading Green Park|2.3 km away
- Earley|4.3 km away
- Reading West|4.3 km away
- Reading|4.3 km away
