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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Spring Close, Reading is a mid-century freehold house with 2,228 ft2 of internal area and sits on a 807 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Spring Close, Reading is £910,292 and the estimated rental value is £2,575 per month.
Spring Close, Upper Basildon, Reading, RG8 is located within the RG8 postal district.
1, Spring Close, Reading has 31 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated January 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Spring Close, Reading is in very good condition we estimate a sale value of £955,807 and a rental value of £2,704 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £846,572 and a rental value of £2,395 per month.
Over the last 12 months the sale value of 1 Spring Close Reading has decreased by an estimated £16,967 (1.9%) and its rental value has increased by an estimated £44 per month (1.7%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 1, Spring Close, Reading sits on a plot of 807m2.
We have plot size data on 10 out of 10 other houses in the postcode and 1, Spring Close, Reading sits on the 5th largest plot.
1, Spring Close, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jan 2024.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 1, Spring Close, Reading was last sold on 24th May 2024 for £930,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Spring Close, Reading within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Ashcroft, Newtown, Reading, RG8 8JG, a freehold house which sold for £815,000 on the 16th September 2024.
Read more about house prices in RG8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Close, Upper Basildon, Reading, RG8 has a total of 10 addresses. According to our analysis of all the public data, 1, Spring Close, Reading is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £186k more expensive than the average property in RG8.
The closest station to 1, Spring Close, Reading is Pangbourne station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Spring Close, Reading, 35.5% of property is socially rented and 34.7% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Spring Close, Reading, 19.1% of residents are recorded as possessing school level qualifications and 34.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Spring Close, Reading, the average age was 43.7 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Spring Close, Reading, 1.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Spring Close, Reading, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
