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Spencers Wood and Three Mile Cross House Prices

The average house price in Spencers Wood and Three Mile Cross is £417,685 using HM Land Registry data.

The average property price increased by £9,734 (2.21%) over the last 5 years and increased by £1,946 (0.43%) over the last 12 months.

Over the last year, there were 141 residential property sales – an increase of 54 transactions (38.30%) relative to the previous year. The majority of house sales (37) were in the £416,000 - £504,000 range. Then came properties in the £328,000 - £416,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 36 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,903 (-3%).

In Nov 2025, there were 10 new estate agency instructions, 17 agreed home sales and 5 property price reductions.

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

2.21%

Property prices in Spencers Wood and Three Mile Cross increased by 2.21% 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

0.43%

Property prices in Spencers Wood and Three Mile Cross increased by 0.43% 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 - Nov 2025

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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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
65 Fullbrook Avenue, Reading, RG7 1FE	£190,000	£187,000	-£3,000	13 Feb 2025	11 Nov 2025	271 Days
46 Beatty Rise, Reading, RG7 1FQ	£325,000	£315,000	-£10,000	10 Jun 2025	27 Oct 2025	139 Days
19 Benham Drive, Reading, RG7 1FB	£430,000	£430,000	£0	16 Jan 2025	17 Oct 2025	274 Days
16 Elk Path, Reading, RG7 1WE	£375,000	£365,000	-£10,000	12 May 2025	05 Sep 2025	116 Days
64 Cobham Drive, Reading, RG7 1DJ	£500,000	£500,000	£0	10 Mar 2025	22 Jul 2025	134 Days
29 Wallace Grove, Reading, RG7 1EZ	£360,000	£350,000	-£10,000	21 May 2025	21 Jul 2025	61 Days
29 Kingfisher Grove, Reading, RG7 1RA	£350,000	£350,000	£0	26 Dec 2024	17 Jul 2025	203 Days
3 Saxon Close, Reading, RG7 1WW	£725,000	£715,000	-£10,000	11 Apr 2025	11 Jul 2025	91 Days
55 Appletree Lane, Reading, RG7 1EE	£450,000	£425,000	-£25,000	17 Jan 2025	27 Jun 2025	161 Days
9 Guernsey Place, Reading, RG7 1FZ	£475,000	£475,000	£0	25 Feb 2025	27 Jun 2025	122 Days
Flat 7, 29, Hayes Drive, Reading, RG7 1GB	£275,000	£266,000	-£9,000	14 Oct 2024	16 May 2025	214 Days
28 Stanbury Gate, Reading, RG7 1SR	£350,000	£343,000	-£7,000	31 Jul 2024	01 May 2025	274 Days
22 Askew Drive, Spencers Wood, RG7 1HG	£450,000	£425,000	-£25,000	06 Feb 2025	30 Apr 2025	83 Days
10 Dairy Grove, Reading, RG7 1FS	£550,000	£530,500	-£19,500	15 Aug 2024	22 Apr 2025	250 Days
11 Guernsey Place, Reading, RG7 1FZ	£500,000	£490,000	-£10,000	20 Jan 2025	17 Apr 2025	87 Days
78 Fullbrook Avenue, Reading, RG7 1FJ	£250,000	£250,000	£0	06 May 2024	07 Apr 2025	336 Days
33 Pursers Farm, Reading, RG7 1AQ	£460,000	£450,000	-£10,000	16 Jan 2025	31 Mar 2025	74 Days
Flat 10, Marlborough House, Basingstoke Road, Reading, RG7 1FR	£215,000	£211,500	-£3,500	08 Oct 2024	31 Mar 2025	174 Days
29 Appletree Lane, Reading, RG7 1EE	£465,000	£460,000	-£5,000	28 Oct 2024	28 Mar 2025	151 Days

Most Expensive Streets in Spencers Wood and Three Mile Cross

Postcode	Street	Area	Average	No. of Sales
RG7 1DA	Hyde End Road	Reading	£773,666	3
RG7 1DP	Grovelands Road	Reading	£736,453	8
RG7 1DG	Hyde End Road	Reading	£733,125	4
RG7 1AP	Basingstoke Road	Reading	£669,428	7
RG7 1QB	Hill View	Reading	£661,666	3
RG7 1BL	Grazeley Road	Reading	£654,062	8
RG7 1AJ	Basingstoke Road	Reading	£642,500	3
RG7 1GX	Silchester Place	Reading	£637,500	3
RG7 1ZF	Cook Grove	Reading	£617,110	4
RG7 1ZE	Langford Avenue	Reading	£610,100	5

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 1XF	Fullbrook Avenue	Reading	£257,500	3
RG7 1FP	Fullbrook Avenue	Reading	£258,600	5
RG7 1XB	Fullbrook Avenue	Spencers Wood	£275,963	19
RG7 1FE	Fullbrook Avenue	Reading	£284,370	31
RG7 1DT	Blackwater Close	Reading	£285,737	4
RG7 1GB	Hayes Drive	Reading	£285,791	12
RG7 1FB	Benham Drive	Reading	£314,625	12
RG7 1FQ	Beatty Rise	Reading	£320,675	19