RG2 8TP is a residential postcode located on Spencer Road, Reading, RG2. It is the 665th largest postcode in the RG2 area.
It contains 25 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £356,970. Sales values have decreased in the last 12 months by 0.3% and Rental values have increased by 5.5%.
Property sale values range from £233,322 for a freehold house, with 2 bedrooms split across 463 square feet of gross internal area and has a garden to £419,976 for a freehold house, with 4 bedrooms split across 1,281 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG2 8TP is £369/ft2.
Properties achieve a rental yield of between 5.6% and 6.1%, and rental values range from £1,176 to £1,957 per month.
The last sale was 24 Mar 2023 for £375,000 and since then the market in the area as increased by 0.6%. The postcode has had a total of 4 sales since 1995.
RG2 8TP has seen 2 sales in the last three years and no sales in the last twelve months.
RG2 8TP is the 665th largest and the 551st most expensive postcode out of the 972 postcodes in the RG2 area.
RG2 8TP is a residential postcode located on Spencer Road, Reading, RG2 with 25 houses within its bounds.
The most common property type in RG2 8TP is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to RG2 8TP is Reading Green Park station which is 2.5 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RG2 8TP, 50.4% of property is socially rented and 18.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RG2 8TP, 20.0% of residents are recorded as possessing school level qualifications and 17.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around RG2 8TP, the average age was 37.7 and the most common age was 37.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RG2 8TP, 1.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RG2 8TP, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.