Addams Mews, Spencers Wood, Reading, Berkshire, RG7
PR

Addams Mews, Spencers Wood, Reading, Berkshire, RG7

By Prospect Estate Agency

£ 385,000

Reviews

2 out of 5 stars

Prospect Estate Agency says ..

Built by Crest Nicholson in 2017, this beautifully presented Freehold coach house is positioned within a popular residential development in the heart of Spencers Wood. Offering views over the adjacent fields, the accommodation briefly comprises entrance hall, two double bedrooms, bot...

Property Oracle says ..

This property is a 2 bedroom, 1 bathroom apartment located in Spencers Wood, Reading. The apartment is in good condition and appears well-maintained, as shown in the provided photographs. While it benefits from a private balcony, it lacks a garden. The location is convenient, with nearby schools (although their Ofsted ratings vary) and several train stations within a reasonable distance. However, the list price of £385,000 seems relatively high compared to the average price per square foot in the area (£399) and the average property price (£543,085). The property is smaller than the average size for the area (854.55 sqft vs 1,360 sqft), which further contributes to the perceived higher price per square foot. Nearby comparable properties show a range of prices, some significantly higher, but also some lower, making a definitive price comparison difficult without additional information on the specifics of those properties (such as size and condition).

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
4
Condition
8
Location
7
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
854.55

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
624,545.00 £
Increased by 25.07 %
from 499,337.00 £
Est sale value
449,493.30 £
Increased by 49.01 %
from 301,656.15 £
Average area rental value
1,852.00 £/mo
Decreased by 0.22 %
from 1,856.00 £/mo
Est letting value
854.55 £/mo
Unchanged by 0.00 %
from 854.55 £/mo
Est rental Yield
3.56 %
Decreased by 20.18 %
from 4.46 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Prospect Estate Agency created the listing.

Nearby Schools

NameTypeOfstedDistance
OakbankFree SchoolsRequires improvement0.61 KM
The Vine Christian SchoolOther Independent SchoolInadequate0.76 KM
Alder Grove Church Of England Primary SchoolFree Schools1.55 KM
Lambs Lane Primary SchoolCommunity SchoolGood1.70 KM
Oneschool Global Uk Reading Primary CampusOther Independent School1.94 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Mayflower Meadow £ 000.00 KM
Moor Close £ 270,00000.00 KM
Wellington Court £ 000.00 KM
Mereoak Lane cyclepath £ 000.00 KM
Sela Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG6.57 KM
Reading West3160RDW6.61 KM
Earley5694EAR7.29 KM
Mortimer5501MOR7.96 KM
Winnersh Triangle5698WTI9.53 KM

Nearby Listings

AddressPriceTypeScoreDistance
Addams Mews, Spencers Wood, Reading, Berkshire, RG7 £ 385,000BUY5 / 100.00 KM
Priors Gardens, Spencers Wood, Reading, RG7 £ 700,000BUYUnknown0.04 KM
Addams Mews, Spencers Wood, Reading, Berkshire, RG7 £ 490,000BUY7 / 100.05 KM
Wilder Crescent, Spencers Wood, Reading, Berkshire, RG7 £ 475,000BUY7 / 100.08 KM
Wilder Crescent, Spencers Wood, Reading, Berkshire, RG7 £ 800,000BUY7 / 100.08 KM

Nearby Properties

AddressPriceDistance
2 Askew Drive £ 335,0000.25 KM
8 Askew Drive £ 345,0000.25 KM
20 Askew Drive £ 297,0000.25 KM
21 Askew Drive £ 260,0000.25 KM
1 Askew Drive £ 355,0000.25 KM