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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, 5A, Spring Close, Reading is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,033 ft2 of internal area and sits on a 785 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 5A, Spring Close, Reading is £851,173 and the estimated rental value is £2,447 per month.
Spring Close, Upper Basildon, Reading, RG8 is located within the RG8 postal district.
5A, Spring Close, Reading has 2 entries in the Land Registry , most recently in December 2018 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 5A, Spring Close, Reading is in very good condition we estimate a sale value of £893,731 and a rental value of £2,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £791,591 and a rental value of £2,276 per month.
Over the last 12 months the sale value of 5A Spring Close Reading has decreased by an estimated £13,691 (1.6%) and its rental value has increased by an estimated £52 per month (2.1%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 5A, Spring Close, Reading sits on a plot of 785m2.
We have plot size data on 10 out of 10 other houses in the postcode and 5A, Spring Close, Reading sits on the 6th largest plot.
According to HM Land Registry, 5A, Spring Close, Reading was last sold on 18th December 2018 for £860,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2018, the market for similar properties has risen 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, 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, 5A, Spring Close, Reading is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in RG8.
The closest station to 5A, 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 5A, 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 5A, 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 5A, 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 5A, 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 5A, 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.
