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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, Springfields, Reading is a modern freehold house with 2,131 ft2 of internal area and sits on a 3,566 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Springfields, Reading is £746,358 and the estimated rental value is £2,309 per month.
Basingstoke Road, Spencers Wood, Reading, RG7 is located within the RG7 postal district.
Springfields, Reading has 21 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated May 2012.
We combine this information with that 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.
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 Springfields, Reading is in very good condition we estimate a sale value of £783,676 and a rental value of £2,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £694,113 and a rental value of £2,147 per month.
Over the last 12 months the sale value of Springfields Reading has decreased by an estimated £5,188 (0.7%) and its rental value has increased by an estimated £52 per month (2.3%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, Springfields, Reading sits on a plot of 3566m2.
We have plot size data on 29 out of 29 other houses in the postcode and Springfields, Reading sits on the largest plot.
Springfields, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Springfields, Reading was last sold on 2nd July 2013 for £570,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2013, the market for similar properties has risen 52.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Springfields, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 52, Langford Avenue, Reading, RG7 1ZE, a freehold house which sold for £800,500 on the 1st July 2022.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Basingstoke Road, Spencers Wood, Reading, RG7 has a total of 157 addresses. According to our analysis of all the public data, Springfields, Reading is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £205k more expensive than the average property in RG7.
The closest station to Springfields, Reading is Reading Green Park station which is 4.5 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Springfields, Reading, 53.5% of property is privately owned with a mortgage and 28.7% is privately owned outright.
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 Springfields, Reading, 20.8% of residents are recorded as possessing school level qualifications and 58.7% 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 Springfields, Reading, the average age was 37.6 and the most common age was 32.
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 Springfields, 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 Springfields, 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.
