Neighbourhood · Wokingham

Spencers Wood & Swallowfield: house prices and how the area is changing

Official figures for the Spencers Wood & Swallowfield neighbourhood of Wokingham, England (ONS area Wokingham 017). Headline figures assembled 26 October 2026. Postcodes RG2, RG7. Figures that read a point use the neighbourhood's centre, near RG7 1PE.

One of the most affluent neighbourhoods in England, changing little against Wokingham

Spencers Wood & Swallowfield is one of the most affluent neighbourhoods in England; it is changing little against Wokingham (signals are mixed: 3 rising and 2 falling of 16). Houses here typically resell for £483,000 and flats for £254,000 (median resale prices, 2023-2025). Recorded crime is lower than across Wokingham (0.9 times the borough's rate) and the nearest railway station, Reading Green Park, is 4.8 km from the neighbourhood's centre.

The neighbourhood in brief, from the figures on this page. Summary updated 26 October 2026; source dates are shown below.

Typical house price

£483,000

Median resale price of houses in the neighbourhood, 2023-2025; +16% against 2017-2019.

Source: HM Land Registry Price Paid Data

Typical flat price

£254,000

Median resale price of flats in the neighbourhood, 2023-2025; +18% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Among the most affluent

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Mixed signs

Weighted balance -0.03; 3 of 16 signals up, 2 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 9 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 6 small areas range from decile 7 to 10.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£78,500

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

0.9 times the borough's rate

Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Where Spencers Wood & Swallowfield sits in Wokingham

Typical house price: 5th lowest of 20 neighbourhoods in Wokingham
Typical flat price: 6th lowest of the 16 neighbourhoods in Wokingham with enough flat sales for one
Average household income: 9th highest of 20 neighbourhoods in Wokingham

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 26 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Spencers Wood & Swallowfield

Median resale price of houses each year here and across Wokingham, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Median resale price of flats each year here and across Wokingham, 1997 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 26 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

3 of 16 counted signals point towards rising affluence against Wokingham, 2 the other way and 11 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

Residents aged 25 to 29
Recorded crime
New-build activity

Falling behind the borough

Anti-social behaviour
Benefit claims (DWP)

Stations and schools nearby

Nearest station

Reading Green Park Railway station, 4.8 km from the neighbourhood's centre in a straight line. About 4.1 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway to Reading (about 8 min) and Basingstoke (about 20 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

Nearest state primary school Lambs Lane Primary School 930 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Jan 2022).
Nearest state secondary school Oakbank School 1.4 km from the neighbourhood's centre. Ofsted: No overall grade: Inadequate in 4 areas (Nov 2024). Special measures.

Schools: Department for Education, Get Information about Schools (20 October 2026); inspections: Ofsted's management information as at 30 September 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Spencers Wood & Swallowfield

What is the typical house price in Spencers Wood & Swallowfield?

£483,000. Median resale price of houses in the neighbourhood, 2023-2025; +16% against 2017-2019.

How does Spencers Wood & Swallowfield compare with the rest of Wokingham?

Typical house price: 5th lowest of 20 neighbourhoods in Wokingham. Typical flat price: 6th lowest of the 16 neighbourhoods in Wokingham with enough flat sales for one. Average household income: 9th highest of 20 neighbourhoods in Wokingham.

Is Spencers Wood & Swallowfield an affluent area?

Among the most affluent. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Spencers Wood & Swallowfield gentrifying?

Mixed signs. Weighted balance -0.03; 3 of 16 signals up, 2 down, against the borough.

What is the nearest station to Spencers Wood & Swallowfield?

Reading Green Park. Railway station, 4.8 km from the neighbourhood's centre in a straight line. About 4.1 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway to Reading (about 8 min) and Basingstoke (about 20 min).

Which state schools are nearest to Spencers Wood & Swallowfield?

Nearest state primary school. Lambs Lane Primary School. 930 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Jan 2022). Nearest state secondary school. Oakbank School. 1.4 km from the neighbourhood's centre. Ofsted: No overall grade: Inadequate in 4 areas (Nov 2024). Special measures.

Each answer repeats a figure shown above, with its source there.

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.