Housing Market Analysis for SPENCER ROAD, RG2 8TP

Are you looking to understand RG2 8TP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reading postcode.

For the location information and nearby amenities in the RG2 8TP area, explore the RG2 8TP Area information page.
For comprehensive crime statistics in the RG2 8TP area, explore the RG2 8TP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG2 8TP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £174,627 median price is £163,800 Standard Deviation is £78,150 with Total Sold: 22
- The Last 5 Year average price is £341,650 with Total Sold: 2
- The most recent sale happened at this postcode is 63 SPENCER ROAD: £375,000 (Sold on 24 Mar 2023)
- The first recorded sale happened at this postcode is 71 SPENCER ROAD: £55,000 (Sold on 19 Jan 1996)
Terraced
- The average price is around £220,200 median price is £246,000 Standard Deviation is £56,584 with Total Sold: 5
- The Last 5 Year average price is £288,000 with Total Sold: 1
- The most recent sale happened at this postcode is 73 SPENCER ROAD: £288,000 (Sold on 08 Apr 2021)
- The first recorded sale happened at this postcode is 61 SPENCER ROAD: £142,000 (Sold on 23 Apr 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average RG2 8TP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£375,000	£4,412	1
2019	£308,300	£3,627	1
2018	£285,000		1
2016	£265,000	£3,118	1
2015	£267,000	£3,225	1
2009	£175,000	£1,862	1
2007	£172,000		2
2006	£165,550		2
2005	£166,500	£1,412	2
2004	£128,500		1
2003	£155,667	£1,702	3
2002	£102,500	£918	2
2000	£104,975	£1,009	2
1999	£92,950		1
1996	£55,000	£462	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£288,000	£3,470	1
2016	£260,000	£2,680	1
2015	£246,000	£5,721	1
2009	£165,000	£1,970	1
2004	£142,000	£1,511	1

All the Sales in the SPENCER ROAD, RG2 8TP

See the table below for more details on the sold house prices in the RG2 8TP, Reading postcode.

Address	Sold Date	Price	% Change
63 SPENCER ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	24 Mar 2023	£375,000	21.63%
	08 Jan 2019	£308,300	16.34%
	12 Feb 2016	£265,000	First Sale
73 SPENCER ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	08 Apr 2021	£288,000	First Sale
85 SPENCER ROADSemi-Detached, Freehold	15 May 2018	£285,000	72.73%
	05 May 2005	£165,000	28.40%
	06 Aug 2004	£128,500	First Sale
55 SPENCER ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1930-1949	15 Feb 2016	£260,000	First Sale
47 SPENCER ROADSemi-Detached, FreeholdArea: 82.8 Sq.mtrAge: 1930-1949	18 Dec 2015	£267,000	73.38%
	30 Jun 2003	£154,000	First Sale
79 SPENCER ROADTerraced, FreeholdArea: 43 Sq.mtrAge: 1950-1966	01 Oct 2015	£246,000	First Sale
59 SPENCER ROADTerraced, FreeholdArea: 83.76 Sq.mtrAge: 1950-1966	22 Dec 2009	£165,000	First Sale
53 SPENCER ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	17 Dec 2009	£175,000	First Sale
49 SPENCER ROADSemi-Detached, Freehold	01 May 2007	£192,000	26.32%
49 SPENCER ROADSemi-Detached, Freehold	10 Jan 2007	£152,000	First Sale
75 SPENCER ROADSemi-Detached, Freehold	01 Jun 2006	£164,600	9.73%
75 SPENCER ROADSemi-Detached, Freehold	08 Aug 2003	£150,000	First Sale
77 SPENCER ROADSemi-Detached, Freehold	15 Feb 2006	£166,500	79.13%
77 SPENCER ROADSemi-Detached, Freehold	20 Sep 1999	£92,950	First Sale
71 SPENCER ROADSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	14 Feb 2005	£168,000	29.23%
	15 Mar 2002	£130,000	44.44%
	04 Feb 2000	£90,000	63.64%
	19 Jan 1996	£55,000	First Sale
61 SPENCER ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1950-1966	23 Apr 2004	£142,000	First Sale
91 SPENCER ROADSemi-Detached, FreeholdArea: 105.576 Sq.mtrAge: 1950-1966	23 Jul 2003	£163,000	35.89%
	14 Aug 2000	£119,950	First Sale
65 SPENCER ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1950-1966	30 May 2002	£75,000	First Sale

Check out the sold house prices near the RG2 8TP postcode. Properties currently for saleProperties currently for rent

SPENCER ROAD, RG2 8TP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG2 8TP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RG2 8TP postcode.

Terraced
- The average price is around £192,042 median price is £165,000 Standard Deviation is £111,937 with Total Sold: 646
- The Last 5 Year average price is £333,070 with Total Sold: 133
- The most recent sale happened at this postcode is , 1 WRENSWOOD CLOSE: £340,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 16 LEXINGTON GROVE: £53,500 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £186,055 median price is £165,000 Standard Deviation is £103,045 with Total Sold: 945
- The Last 5 Year average price is £334,294 with Total Sold: 149
- The most recent sale happened at this postcode is , 7 VERNON CRESCENT: £336,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 18 LEXINGTON GROVE: £39,350 (Sold on 27 Jan 1995)
Flat
- The average price is around £150,568 median price is £121,000 Standard Deviation is £91,359 with Total Sold: 240
- The Last 5 Year average price is £230,503 with Total Sold: 68
- The most recent sale happened at this postcode is FLAT 5, 1 TIDMAN ROAD: £112,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 4 COPENHAGEN CLOSE: £26,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £267,233 median price is £249,475 Standard Deviation is £137,676 with Total Sold: 108
- The Last 5 Year average price is £415,875 with Total Sold: 20
- The most recent sale happened at this postcode is , 173 WHITLEY WOOD LANE: £410,000 (Sold on 10 Nov 2023)
- The first recorded sale happened at this postcode is , 64 WHITLEY WOOD LANE: £62,000 (Sold on 10 Feb 1995)
Other
- The average price is around £4,195,338 median price is £401,500 Standard Deviation is £6,386,835 with Total Sold: 20
- The Last 5 Year average price is £2,346,571 with Total Sold: 12
- The most recent sale happened at this postcode is , 2 WOODSIDE BUSINESS PARK: £368,000 (Sold on 19 Oct 2022)
- The first recorded sale happened at this postcode is , PACIFIC HOUSE IMPERIAL WAY: £19,585,832 (Sold on 14 May 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,250	£3,974	4
2023	£329,231	£4,284	13
2022	£322,354	£4,558	12
2021	£296,659	£3,520	33
2020	£270,744	£3,676	18
2019	£380,036	£3,670	53
2018	£364,314	£3,816	35
2017	£278,800	£3,481	10
2016	£266,990	£3,393	24
2015	£223,233	£3,435	24
2014	£209,020	£2,673	22
2013	£182,742	£2,374	18
2012	£164,356	£2,123	12
2011	£164,102	£2,157	15
2010	£167,743	£2,194	7
2009	£161,482	£2,105	19
2008	£175,690	£2,265	13
2007	£179,764	£2,317	22
2006	£160,088	£2,140	21
2005	£150,147	£2,072	16
2004	£145,058	£1,652	30
2003	£132,435	£1,778	26
2002	£121,489	£1,528	28
2001	£111,000	£1,374	24
2000	£97,946	£1,318	28
1999	£78,278	£938	25
1998	£66,064	£836	30
1997	£54,764	£674	24
1996	£50,315	£692	24
1995	£51,608	£700	16

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£362,885	£4,206	13
2023	£337,717	£3,979	23
2022	£358,827	£4,093	26
2021	£321,082	£3,760	36
2020	£303,528	£4,022	18
2019	£332,509	£3,725	33
2018	£356,377	£4,086	33
2017	£308,856	£3,866	18
2016	£299,479	£3,571	24
2015	£270,566	£3,153	28
2014	£241,553	£2,788	33
2013	£208,205	£2,523	20
2012	£187,993	£2,308	14
2011	£174,775	£2,388	20
2010	£173,312	£2,281	16
2009	£164,570	£2,318	28
2008	£203,698	£2,240	20
2007	£202,128	£2,156	38
2006	£169,539	£2,073	49
2005	£160,362	£1,851	30
2004	£157,712	£1,873	30
2003	£148,870	£1,739	61
2002	£134,975	£1,930	51
2001	£113,136	£1,336	54
2000	£106,738	£1,241	26
1999	£84,338	£1,465	46
1998	£79,340	£982	40
1997	£62,430	£775	47
1996	£53,728	£662	35
1995	£56,111	£657	35

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000		1
2023	£153,375	£3,115	8
2022	£248,571	£4,362	7
2021	£198,708	£3,192	12
2020	£270,442	£3,985	30
2019	£209,745	£3,365	10
2018	£255,270	£4,008	20
2017	£159,571	£3,121	7
2016	£178,564	£3,747	7
2015	£149,521	£2,770	7
2014	£139,300	£3,046	5
2013	£111,950	£1,956	5
2012	£100,200	£1,975	2
2011	£146,000	£2,292	2
2010	£79,083	£1,740	3
2009	£130,125	£2,576	8
2008	£126,658	£2,646	6
2007	£131,750	£2,132	6
2006	£133,805	£2,594	10
2005	£104,921	£2,537	7
2004	£109,808	£2,637	6
2003	£107,583	£1,922	6
2002	£102,686	£2,356	7
2001	£69,177	£1,646	11
2000	£73,334	£1,583	10
1999	£63,790	£1,271	5
1998	£55,666	£1,238	12
1997	£46,880	£875	5
1996	£40,528	£787	9
1995	£31,617	£662	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£387,500	£4,097	2
2022	£473,333	£4,239	6
2021	£382,500	£5,904	2
2020	£397,500	£3,451	4
2019	£391,250	£3,910	6
2018	£433,333	£4,042	6
2017	£358,333	£3,596	3
2016	£382,500	£3,399	1
2015	£397,100	£3,425	5
2014	£245,000	£3,372	2
2013	£345,000	£2,078	2
2012	£247,317	£2,843	3
2011	£302,875	£2,360	4
2010	£292,500	£3,880	1
2009	£249,921	£1,997	7
2008	£303,000		2
2007	£260,600	£2,760	5
2006	£218,500	£2,421	3
2005	£212,500	£1,400	2
2004	£249,000	£1,218	4
2003	£205,707	£1,712	7
2002	£175,556	£1,395	8
2001	£159,750	£2,143	2
2000	£122,990	£1,697	5
1999	£105,000	£714	1
1998	£107,167	£1,081	3
1997	£97,738	£872	4
1996	£93,917	£824	6
1995	£90,000	£695	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£274,625	£1,735	4
2021	£280,750	£24	2
2019	£4,416,475	£4,592	6
2018	£10,765,000		2
2017	£2,926,416	£3,491	5
2015	£19,585,832		1

House Type in RG2 8TP area

The most common house types in the RG2 8TP postcode area are Semi-detached (54), Terraced (46), and Flat (14).

Total	119
Semi-detached	54
Terraced	46
Flat	14
Detached	3
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (58), and Owned: Owns with a mortgage or loan (22).

Social rented: Rents from council or Local Authority	58
Owned: Owns with a mortgage or loan	22
Private rented: Private landlord or letting agency	19
Owned: Owns outright	14
Lives rent free	3
Social rented: Other social rented	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the RG2 8TP have 1 person in household (48), and 2 people in household (28).

1 person in household	48
2 people in household	28
4 people in household	15
3 people in household	10
5 people in household	10
6 people in household	6
7 people in household	1
0 people in household	0
8 or more people in household	0