RG1 3LB is a residential postcode located on Cumberland Road, Reading, RG1. It is the 1072nd largest postcode in the RG1 area.
It contains 61 residential addresses consisting of 45 houses, 5 flats and 11 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £270,621. Sales values have decreased in the last 12 months by 0.8% and Rental values have increased by 4.9%.
Property sale values range from £155,399 for a leasehold flat, with 1 bedrooms split across 431 square feet of gross internal area and has no outside space to £404,431 for a freehold house, with 4 bedrooms split across 1,593 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG1 3LB is £362/ft2.
Properties achieve a rental yield of between 5.5% and 7.4%, and rental values range from £954 to £1,855 per month.
The last sale was 22 Nov 2022 for £245,000 and since then the market in the area has decreased by -3.3%. The postcode has had a total of 4 sales since 1995.
RG1 3LB has seen 4 sales in the last three years and no sales in the last twelve months.
RG1 3LB is the 1072nd largest and the 582nd most expensive postcode out of the 1,131 postcodes in the RG1 area.
RG1 3LB is the 1072nd largest and the 582nd most expensive postcode out of the 1,131 postcodes in the RG1 area.
RG1 3LB is a residential postcode located on Cumberland Road, Reading, RG1 with 45 houses, 5 flats and 11 unknown within its bounds.
The most common property type in RG1 3LB is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to RG1 3LB is Reading station which is 1.6 kilometres 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 RG1 3LB, 51.1% of property is privately rented and 18.9% 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 RG1 3LB, 17.4% of residents are recorded as possessing school level qualifications and 34.6% 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 RG1 3LB, the average age was 33.3 and the most common age was 22.
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 RG1 3LB, 0.0% 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 RG1 3LB, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.