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Spencers Wood and Three Mile Cross House Prices

The average house price in Spencers Wood and Three Mile Cross is £424,375 using HM Land Registry data.

The average property price decreased by £9,797 (-2.18%) over the last 5 years and decreased by £1,959 (-0.44%) over the last 12 months.

Over the last year, there were 114 residential property sales – a decrease of 14 transactions (-12.28%) relative to the previous year. The majority of house sales (27) were in the £414,000 - £496,000 range. Then came properties in the £332,000 - £414,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 116 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,737 (-2%).

In Apr 2026, there were 28 new estate agency instructions, 16 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Spencers Wood and Three Mile Cross

-2.18%

Property prices in Spencers Wood and Three Mile Cross decreased by -2.18% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Spencers Wood and Three Mile Cross Over the Last Year

-0.44%

Property prices in Spencers Wood and Three Mile Cross decreased by -0.44% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Spencers Wood and Three Mile Cross - Apr 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Spencers Wood and Three Mile Cross

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Spencers Wood and Three Mile Cross

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Spencers Wood and Three Mile Cross

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Spencers Wood and Three Mile Cross since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Spencers Wood and Three Mile Cross area since 1995.

Recent Property Sales in Spencers Wood and Three Mile Cross

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Hayes Drive, Reading, RG7 1GB	£465,000	£465,000	£0	08 Jan 2026	06 Feb 2026	29 Days
4 Priors Gardens, Reading, RG7 1WS	£650,000	£650,000	£0	28 May 2025	29 Jan 2026	246 Days
11 Shipridge Drive, Reading, RG7 1UG	£490,000	£485,000	-£5,000	09 Jul 2025	23 Jan 2026	198 Days
1 Orchard Close, Reading, RG7 1EJ	£625,000	£615,000	-£10,000	12 Jul 2025	23 Jan 2026	195 Days
Frinton, Basingstoke Road, Reading, RG7 1AP	£550,000	£545,000	-£5,000	14 Mar 2025	09 Jan 2026	301 Days
148 Fullbrook Avenue, Reading, RG7 1FJ	£260,000	£260,000	£0	04 Mar 2025	19 Dec 2025	290 Days
16 Sika Gardens, Reading, RG7 1WF	£630,000	£625,000	-£5,000	08 Aug 2025	21 Nov 2025	105 Days
3 Bays Crescent, Reading, RG7 1DF	£675,000	£675,000	£0	14 Aug 2025	20 Nov 2025	98 Days
Brooklyn, Basingstoke Road, Reading, RG7 1AX	£550,000	£545,000	-£5,000	14 Jun 2025	14 Nov 2025	153 Days
65 Fullbrook Avenue, Reading, RG7 1FE	£190,000	£187,000	-£3,000	13 Feb 2025	11 Nov 2025	271 Days
7 Grazeley Road, Reading, RG7 1BL	£630,000	£630,000	£0	18 Jul 2025	11 Nov 2025	116 Days
31 Lansdowne Gardens, Reading, RG7 1PF	£350,000	£350,000	£0	30 May 2025	06 Nov 2025	160 Days
60 Cobham Drive, Reading, RG7 1DJ	£310,000	£310,000	£0	05 Jun 2025	05 Nov 2025	153 Days
Glenamoy House, Basingstoke Road, Reading, RG7 1AJ	£765,000	£750,000	-£15,000	04 Apr 2025	31 Oct 2025	210 Days
4 Beech Hill Road, Reading, RG7 1HL	£475,000	£470,000	-£5,000	21 Oct 2025	31 Oct 2025	10 Days
46 Beatty Rise, Reading, RG7 1FQ	£325,000	£315,000	-£10,000	10 Jun 2025	27 Oct 2025	139 Days
Flat 9, Marlborough House, Basingstoke Road, Reading, RG7 1FR	£215,000	£207,500	-£7,500	23 Jun 2025	21 Oct 2025	120 Days
19 Benham Drive, Reading, RG7 1FB	£430,000	£430,000	£0	16 Jan 2025	17 Oct 2025	274 Days
20 Elk Path, Reading, RG7 1WE	£370,000	£367,500	-£2,500	17 Apr 2025	30 Sep 2025	166 Days
85 Fullbrook Avenue, Spencers Wood, Shinfield, RG7 1FE	£183,750	£183,750	£0	02 Jun 2025	17 Sep 2025	107 Days

Most Expensive Streets in Spencers Wood and Three Mile Cross

Postcode	Street	Area	Average	No. of Sales
RG7 1DP	Grovelands Road	Reading	£736,453	8
RG7 1DG	Hyde End Road	Reading	£733,125	4
RG7 1QB	Hill View	Reading	£661,666	3
RG7 1BL	Grazeley Road	Reading	£654,062	8
RG7 1AP	Basingstoke Road	Reading	£651,571	7
RG7 1AJ	Basingstoke Road	Reading	£642,500	3
RG7 1GX	Silchester Place	Reading	£637,500	3
RG7 1ZE	Langford Avenue	Reading	£610,100	5
RG7 1NZ	The Warren	Reading	£609,000	3
RG7 1FY	Bowling Green	Reading	£608,333	3

Least Expensive Streets in Spencers Wood and Three Mile Cross

Postcode	Street	Area	Average	No. of Sales
RG7 1PB	Trophy House	Mereoak Lane	£161,316	3
RG7 1FR	Marlborough House	Basingstoke Road	£219,888	18
RG7 1FP	Fullbrook Avenue	Reading	£259,666	6
RG7 1XF	Fullbrook Avenue	Reading	£275,625	4
RG7 1XB	Fullbrook Avenue	Spencers Wood	£275,963	19
RG7 1FE	Fullbrook Avenue	Reading	£282,629	31
RG7 1GB	Hayes Drive	Reading	£288,966	15
RG7 1DT	Blackwater Close	Reading	£319,000	3
RG7 1FB	Benham Drive	Reading	£321,769	13
RG7 1SR	Stanbury Gate	Reading	£325,750	4