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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
According to the public record, 3, Spring Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,584 ft2 of internal area and sits on a 627 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Spring Close, Reading is £740,160 and the estimated rental value is £2,334 per month.
Spring Close, Upper Basildon, Reading, RG8 is located within the RG8 postal district.
3, Spring Close, Reading has 21 entries in the Land Registry , most recently in November 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 3, Spring Close, Reading is in very good condition we estimate a sale value of £777,168 and a rental value of £2,451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £688,348 and a rental value of £2,171 per month.
Over the last 12 months the sale value of 3 Spring Close Reading has decreased by an estimated £11,905 (1.6%) and its rental value has increased by an estimated £50 per month (2.1%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 3, Spring Close, Reading sits on a plot of 627m2.
We have plot size data on 10 out of 10 other houses in the postcode and 3, Spring Close, Reading sits on the 10th largest plot.
According to HM Land Registry, 3, Spring Close, Reading was last sold on 15th November 2013 for £470,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2013, the market for similar properties has risen 48.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Spring Close, Reading within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Hill Haven Cottage, Newtown, Reading, RG8 8JG, a freehold house which sold for £602,500 on the 24th February 2023.
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, 3, Spring Close, Reading is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in RG8.
The closest station to 3, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, 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 3, 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 3, 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 3, 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 3, 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.
