2 Spring Cottages, Reading
2 Spring Cottages, Reading
Description & Estimates
The public record describes 2 Spring Cottages, Reading as a period house with 2,540 ft2 of internal area, sitting on a 465 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2 Spring Cottages, Reading has an estimated sale value of £1,182,566 and an estimated rental value of £2,419 per month, assuming reasonable condition and based on the information available.
Charvil Lane, Sonning, Reading, RG4 lies within the RG4 postal district.
Our Data Sources
2 Spring Cottages, Reading has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2 Spring Cottages, Reading would be worth £1,241,694, with a potential rental value of £2,540 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,099,786, with a rental value of £2,250 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2 Spring Cottages, Reading has moved down by £33,894 (2.9%) over the last year. During the same period, its estimated monthly rental value has increased by £32 (1.3%). The property's estimated gross yield is currently 2.5%.
Plot Size
2 Spring Cottages, Reading occupies a 465 m2 plot as recorded by HM Land Registry.
Energy Efficiency
2 Spring Cottages, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Dec 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of 2 Spring Cottages, Reading across the last 2 years.
Most recently, The Granary, Charvil Lane, Reading, RG4 6TH, a freehold house, sold at £1,800,000 on the 21st April 2023.
Read more about house prices in RG4.
- Sold Apr 2023£1,800,000 | 5 Bed HouseThe Granary, Charvil Lane, Reading, RG4 6THThe Granary, Charvil Lane, Reading, RG4 6TH
- Sold Mar 2016£1,200,000 | 5 Bed House9, Pound Lane, Reading, RG4 6XD9, Pound Lane, Reading, RG4 6XD
- Sold Mar 2015£1,375,000 | 5 Bed House7, Pound Lane, Reading, RG4 6XD7, Pound Lane, Reading, RG4 6XD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2 Spring Cottages, Reading as the 8th largest and the 10th most expensive of the 33 addresses on Charvil Lane, Sonning, Reading, RG4.
Against the RG4 postcode district average, it is £622k more expensive than the typical property.
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Schools Nearby
- 500mSonning Church of England Primary School
- 1.5kmWillow Bank Infant School
- 1.5kmWillow Bank Junior School
- 1.5kmWaingels
- 2.2kmThe Bulmershe School
- 3.7kmMaiden Erlegh School in Reading
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Public Transport Nearby
Twyford station is the nearest stop to 2 Spring Cottages, Reading at 3.0 kilometres away.
- 3.0kmTwyford
- 3.5kmWargrave
- 3.6kmEarley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
