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According to the public record, Springvale, Reading is a early-century freehold house with 3,100 ft2 of internal area.
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 Springvale, Reading is £1,600,905 and the estimated rental value is £3,555 per month.
Brewery Common, Mortimer, Reading, RG7 is located within the RG7 postal district.
Springvale, Reading has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Springvale, Reading is in very good condition we estimate a sale value of £1,680,950 and a rental value of £3,733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,488,842 and a rental value of £3,306 per month.
Over the last 12 months the sale value of Springvale Reading has decreased by an estimated £11,129 (0.7%) and its rental value has increased by an estimated £80 per month (2.3%), giving an expected gross yield of 2.7%.
Springvale, Reading has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2020.
The property is not connected to mains gas and has mostly double glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, Springvale, Reading was last sold on 26th March 2010 for £950,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 71.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Springvale, Reading within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Robin Hill, Brewery Common, Reading, RG7 3JE, a freehold house which sold for £1,550,000 on the 23rd October 2024.
Read more about house prices in RG7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brewery Common, Mortimer, Reading, RG7 has a total of 7 addresses. According to our analysis of all the public data, Springvale, Reading is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.06m more expensive than the average property in RG7.
The closest station to Springvale, Reading is Mortimer station which is 1.9 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 Springvale, Reading, 48.2% of property is privately owned outright and 34.0% 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 Springvale, Reading, 22.4% of residents are recorded as possessing school level qualifications and 47.6% 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 Springvale, Reading, the average age was 42.7 and the most common age was 47.
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 Springvale, Reading, 1.3% 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 Springvale, Reading, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
