2, Springwood Lane
2, Springwood Lane
Description & Estimates
The public record describes 2, Springwood Lane, Reading as an early-century house with 764 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Springwood Lane, Reading has an estimated sale value of £359,197 and an estimated rental value of £1,696 per month, assuming reasonable condition and based on the information available.
Springwood Lane, Burghfield Common, Reading, RG7 lies within the RG7 postal district.
Our Data Sources
2, Springwood Lane, Reading has no records in the the Land Registry and a single entry in the EPC database dated February 2023.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 2, Springwood Lane, Reading would be worth £377,156, with a potential rental value of £1,780 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £334,053, with a rental value of £1,577 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, Springwood Lane, Reading has dropped by £7,552 (2.1%) over the last year. During the same period, its estimated monthly rental value has risen by £39 (2.3%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
2, Springwood Lane, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2023.
The property is connected to mains gas and has fully double 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 880 metres of 2, Springwood Lane, Reading across the last 2 years.
Most recently, 9, Auclum Lane, Reading, RG7 3DE, a freehold house, sold at £320,000 on the 27th January 2025.
Read more about house prices in RG7.
•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, Springwood Lane, Reading as the 26th largest and the 27th most expensive of the 28 addresses on Springwood Lane, Burghfield Common, Reading, RG7.
Against the RG7 postcode district average, it is £180k less expensive than the typical property.
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Schools Nearby
- 700mGarland Junior School
- 700mMrs Bland's Infant School
- 2.1kmMortimer St. John's C.E. Infant School
- 700mThe Willink School
- 4.9kmTheale Green School
- 6.5kmKing's Academy Prospect
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Public Transport Nearby
Mortimer station is the nearest stop to 2, Springwood Lane, Reading at 3.1 kilometres away.
- 3.1kmMortimer
- 4.4kmTheale
- 5.5kmReading Green Park
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
