8 Stanbury Gate, Spencers Wood, Reading, RG7 1SR is a leasehold flat built between 1983-1990. The property offers approximately 743 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £278,727 , which equates to approximately £375 per square foot. It was last sold on 19 Aug 2004 for £165,000. Since then, the value has increased by £113,727, representing a 68.9% increase, or approximately 3.2% per year.

The current estimated value of £278,727 is:

  • 20.8% lower than the average property price on Stanbury Gate
  • 16.2% lower than the average in the RG7 1SR postcode area
  • and 56.5% lower than the average price for Reading as a whole

At the most recent EPC inspection on 9 December 2024, the property was recorded as rented.

View sold house prices in RG7 1SR

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£278,727
Price Per sq ft (estimate)
£375
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 Stanbury Gate, Spencers Wood, Reading, Wokingham, RG7 1SR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Dec 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Oct 2008. The rating of C is unchanged, though the energy efficiency score decreased by 2.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was changed from low energy lighting in 39% of fixed outlets to low energy lighting in 36% of fixed outlets, with no change in efficiency (average).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to RG7 1SR

23 rd / 26
Price Rank
16% lower than average
7 th / 20
Size Rank
12% bigger than average
20 th / 20
Price Per Sq FT Rank
25% lower than average

Compared to other properties in RG7 1SR , this flat's estimated value ranks 23th out of 26. Based on price per square foot, it ranks 20th out of 20 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 7th out of 20 properties in its postcode area.

Sale History

Today
£278,727
streetscan.co.uk estimate
+69 %
19 Aug 2004
£165,000
Leasehold
+135.7 %
22 May 1997
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 710 sq ft
sale price: £270,000
sale date: 27 Jun 2024
rooms: 3
size: 678 sq ft
sale price: £242,000
sale date: 20 Mar 2024
rooms: 3
size: 753 sq ft
sale price: £260,000
sale date: 10 Aug 2023
rooms: 3
size: 667 sq ft
sale price: £270,000
sale date: 10 Mar 2023
rooms: 3
size: 678 sq ft
sale price: £245,000
sale date: 24 Jul 2020

Data Sources

The property at 8 Stanbury Gate, Spencers Wood, Reading, RG7 1SR appears two times in the Land Registry records, with the latest transaction recorded on 19 Aug 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Dec 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.