With a steel spring, it is, for all practical purposes incompressible within the limits of elastic deformation. Thus, the change in volume is so miniscule your experiment as you've designed it is not likely to produce measurable results.
Instead of conducting an experiment that's likely beyond the limits of measurability, why not instead get behind the math and leverage the computational power behind a computer?
All solids have a http://hyperphysics.phy-astr.gsu.edu/hbase/permot3.html" (K), which is the pressure increase needed to cause a given decrease in volume. Thus, all solids are compressible.
As explained in the link above, itself taken from Halliday, Resnick, Walker's 5th ed:
"A common statement is that water is an incompressible fluid. This is not strictly true, as indicated by its finite bulk modulus, but the amount of compression is very small. At the bottom of the Pacific Ocean at a depth of about 4000 meters, the pressure is about 4 x 107 N/m2. Even under this enormous pressure, the fractional volume compression is only about 1.8% and that for steel would be only about 0.025%. So it is fair to say that water is nearly incompressible. Reference: Halliday, Resnick, Walker, 5th Ed. Extended."