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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, 7, Spencer Road, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,171 ft2 of internal area and sits on a 297 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 7, Spencer Road, Reading is £347,555 and the estimated rental value is £1,812 per month.
Spencer Road, Reading, RG2 is located within the RG2 postal district.
7, Spencer Road, Reading has 21 entries in the Land Registry , most recently in November 2024 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 7, Spencer Road, Reading is in very good condition we estimate a sale value of £364,932 and a rental value of £1,903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,226 and a rental value of £1,685 per month.
Over the last 12 months the sale value of 7 Spencer Road Reading has decreased by an estimated £8,174 (2.4%) and its rental value has increased by an estimated £47 per month (2.6%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 7, Spencer Road, Reading sits on a plot of 297m2.
We have plot size data on 16 out of 22 other houses in the postcode and 7, Spencer Road, Reading sits on the 12th largest plot.
According to HM Land Registry, 7, Spencer Road, Reading was last sold on 29th November 2024 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2024, the market for similar properties has risen 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spencer Road, Reading within a radius of 600 metres over the last 2 years.
The most recent example is 63, Whitley Wood Lane, Reading, RG2 8PW, a freehold house which sold for £410,000 on the 14th March 2025.
Read more about house prices in RG2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencer Road, Reading, RG2 has a total of 78 addresses. According to our analysis of all the public data, 7, Spencer Road, Reading is the 8th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in RG2.
The closest station to 7, Spencer Road, Reading is Reading Green Park station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 7, Spencer Road, Reading, % of property is and % is .
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 7, Spencer Road, Reading, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 7, Spencer Road, Reading, 0.0% 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 7, Spencer Road, Reading, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
