You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Spencers Wood and Three Mile Cross

Spencers Wood and Three Mile Cross House Prices

The average house price in Spencers Wood and Three Mile Cross is £458,333 using HM Land Registry data.

The average property price decreased by £4,153 (-0.93%) over the last 5 years and decreased by £831 (-0.19%) over the last 12 months.

Over the last year, there were 121 residential property sales – a decrease of 21 transactions (-17.36%) relative to the previous year. The majority of house sales (29) were in the £416,000 - £494,000 range. Then came properties in the £338,000 - £416,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,353 (-2%).

In Aug 2026, there were 13 new estate agency instructions, 13 agreed home sales and 13 property price reductions.

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

-0.93%

Property prices in Spencers Wood and Three Mile Cross decreased by -0.93% 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

-0.19%

Property prices in Spencers Wood and Three Mile Cross decreased by -0.19% 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 - Aug 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
66 Beatty Rise, Reading, RG7 1FQ	£350,000	£350,000	£0	04 Jul 2026	09 Jul 2026	5 Days
Highfield, Basingstoke Road, Reading, RG7 1AP	£500,000	£490,000	-£10,000	21 Oct 2025	08 Jul 2026	260 Days
High View, Basingstoke Road, Reading, RG7 1AL	£650,000	£630,000	-£20,000	12 Jun 2026	03 Jul 2026	21 Days
43 Hyde End Lane, Reading, RG7 1EP	£600,000	£560,000	-£40,000	06 Feb 2026	03 Jul 2026	147 Days
337 Hyde End Road, Reading, RG7 1DD	£485,000	£485,000	£0	26 Dec 2025	30 Jun 2026	186 Days
Marengo, Basingstoke Road, Reading, RG7 1PH	£482,500	£478,000	-£4,500	09 Jan 2026	26 Jun 2026	168 Days
188 Fullbrook Avenue, Reading, RG7 1FP	£485,000	£475,000	-£10,000	02 Mar 2026	25 Jun 2026	115 Days
8 Hilltop Gardens, Reading, RG7 1HQ	£395,000	£375,000	-£20,000	23 Mar 2026	15 Jun 2026	84 Days
2 Elk Path, Reading, RG7 1WE	£410,000	£410,000	£0	17 Nov 2025	03 Jun 2026	198 Days
5 Hayes Drive, Reading, RG7 1GB	£280,000	£278,000	-£2,000	02 Jan 2026	01 Jun 2026	150 Days
Flat 5, Marlborough House, Basingstoke Road, Spencers Wood, RG7 1FR	£215,000	£210,000	-£5,000	14 Jan 2026	29 May 2026	135 Days
27 Appletree Lane, Reading, RG7 1EE	£500,000	£495,000	-£5,000	18 Jan 2026	20 May 2026	122 Days
21 Appletree Lane, Reading, RG7 1EE	£415,000	£415,000	£0	19 Feb 2026	15 May 2026	85 Days
46 Century Drive, Reading, RG7 1PE	£450,000	£445,000	-£5,000	15 Sep 2025	08 May 2026	235 Days
Flat 2, 167, Fullbrook Avenue, Reading, RG7 1XF	£257,500	£252,000	-£5,500	28 Jul 2025	28 Apr 2026	274 Days
86 Fullbrook Avenue, Reading, RG7 1FJ	£500,000	£497,000	-£3,000	03 Feb 2026	24 Apr 2026	80 Days
Flat 4, 1, Moor Close, Reading, RG7 1LQ	£270,000	£270,000	£0	19 Oct 2025	07 Apr 2026	170 Days
58 Shipridge Drive, Reading, RG7 1TL	£550,000	£550,000	£0	20 Oct 2025	01 Apr 2026	163 Days
15 Elk Path, Reading, RG7 1WE	£350,000	£350,000	£0	29 Aug 2025	27 Mar 2026	210 Days
103 Fullbrook Avenue, Reading, RG7 1FE	£475,000	£475,000	£0	12 Nov 2025	20 Mar 2026	128 Days

Most Expensive Streets in Spencers Wood and Three Mile Cross

Postcode	Street	Area	Average	No. of Sales
RG7 1DU	Clares Green Road	Reading	£758,333	3
RG7 1DG	Hyde End Road	Reading	£733,125	4
RG7 1DP	Grovelands Road	Reading	£722,078	8
RG7 1AS	Basingstoke Road	Reading	£718,166	3
RG7 1WT	Wilder Crescent	Reading	£670,833	3
RG7 1QB	Hill View	Reading	£661,666	3
RG7 1BL	Grazeley Road	Reading	£647,812	8
RG7 1AJ	Basingstoke Road	Reading	£642,500	3
RG7 1GX	Silchester Place	Reading	£637,500	3
RG7 1AP	Basingstoke Road	Reading	£631,375	8

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	£219,368	19
RG7 1XF	Fullbrook Avenue	Reading	£270,900	5
RG7 1XB	Fullbrook Avenue	Spencers Wood	£275,963	19
RG7 1GB	Hayes Drive	Reading	£288,281	16
RG7 1FF	Fullbrook Avenue	Reading	£297,928	14
RG7 1FE	Fullbrook Avenue	Reading	£302,796	32
RG7 1FP	Fullbrook Avenue	Reading	£307,600	5
RG7 1FB	Benham Drive	Reading	£310,727	11
RG7 1SR	Stanbury Gate	Reading	£311,400	5