Model valuation£417,0008 Busby Close
Local market context
Estimated value
£325,000
Newest record on this page: May 2025. Land Registry and EPC registers update monthly, so this page can trail them by 2–3 months.
Our estimate
£325,000
Your note and figure are shown publicly on this page.
The estimate for 3 Spring Terrace is modelled from its 83 m² EPC floor area, its 2 recorded sales and recent sales of comparable homes in RG2 0BD. It is an automated estimate, not a survey or mortgage valuation: condition, layout and improvements that aren't on record can move the real figure either way.
Floor area
83 m² from the EPC lodged in May 2025
Sales of this home
2 sales recorded, the latest in 2021
Recent sales in RG2 0BD
5 sales, median £350,000 (2025–2016)
| Data | This page | Full report |
|---|---|---|
| Sales | Latest sale shown: April 2025 | Latest available records, read when you order |
| Valuation | Estimate from the last refresh | Analysed against comparable sales |
| Planning | 1 of 2 applications | Full history, plus nearby schemes |
| Flood risk | Not shown | Included |
Latest sale on 3 Spring Terrace was the highest on Land Registry record across the postcode.
17 February 2021Most recent
£1,040,000
+269.8%over 3 years24 March 2017
£281,200
Median price across the last 5 sales in RG2 0BD: £350,000 (2025–2016).
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3 Spring Terrace is a mid-terrace house in Reading (RG2 0BD). It has a recorded floor area of 83 m² (around 893 sq ft), construction records dating it to 1976-1982 and council tax band C. The latest certificate (May 2025) shows a C (score 75), near the top of the C band. The rating has held steady at C across 3 certificates since December 2008. Between certificates, wall efficiency went from Poor to Average, window efficiency went from Very Poor to Good and lighting went from Poor to Very Good; while hot-water efficiency dropped from Very Good to Good and main heating dropped from Very Good to Good. The recommended improvements would push it to B (score 89).
Across 2017–2021, sale prices on this property compounded at 39.8% per year. Today's modelled estimate of £325,000 is 68.8% below the 2021 sale of £1,040,000, a rare downward gap that often correlates with deferred maintenance or unfinished works. On a £-per-square-foot basis, the last sale (£1,164/sq ft) was about 678.4% above the typical sold price in the postcode. 2 planning records sit against the property, 2 approved, 0 refused. Past consents include HMO conversion, meaningful when judging how the property has evolved. Most recent transfer: February 2021 at £1,040,000. That sale was during the post-pandemic price surge, when transactions cleared materially above pre-2020 trend.
Certificate validity
Valid until 21 May 2035
Changes detected from historical EPC data
Heating controls upgraded for better temperature management
Hot water efficiency decreased
Windows upgraded, improving insulation
Wall insulation upgraded
More low energy lighting installed
Window efficiency improved
Roof insulation improved
2 applications on record at 3 Spring Terrace, Reading, RG2 0BD
Change of use from C3 dwelling to a Small House in Multiple Occupation(C4 Use Class) (Retrospective) (Amended Description)
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3 Spring Terrace outperforms the street on price per m² by a wide margin.
Price per m²
£12,530
Street avg £2,138
Floor Area
83 m²
Street avg 96 m²
Habitable Rooms
6 rooms
Street avg 5 rooms
CO₂ Emissions
2.2 t/year
Street avg 3.4 t/year
Crime
327/mo
Falling year-on-year across the wider district.
Nearest stop
0.1 km
Whitley Street — bus stop.
Closest school
0.2 km
New Christ Church Church of England Primary School. 37 schools nearby.
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