RG1 7YW is a residential postcode located on Lorne Street, Reading, RG1. It is the 1001st largest postcode in the RG1 area.
It contains 48 residential addresses consisting of 17 houses, 17 flats and 14 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £388,991. Sales values have decreased in the last 12 months by 1.3% and Rental values have increased by 4.4%.
Property sale values range from £103,340 for a leasehold flat, with 1 bedrooms split across 215 square feet of gross internal area and has no outside space to £544,612 for a freehold house, with 5 bedrooms split across 1,776 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG1 7YW is £354/ft2.
Properties achieve a rental yield of between 5% and 7.4%, and rental values range from £639 to £2,312 per month.
The last sale was 23 Jun 2023 for £410,000 and since then the market in the area has decreased by -1.3%. The postcode has had a total of 4 sales since 1995.
RG1 7YW has seen 4 sales in the last three years and no sales in the last twelve months.
RG1 7YW is the 1001st largest and the 954th most expensive postcode out of the 1,131 postcodes in the RG1 area.
RG1 7YW is the 1001st largest and the 954th most expensive postcode out of the 1,131 postcodes in the RG1 area.
RG1 7YW is a residential postcode located on Lorne Street, Reading, RG1 with 17 houses, 17 flats and 14 unknown within its bounds.
The most common property type in RG1 7YW 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 7YW is Reading West station which is 200 metres 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 7YW, 66.0% of property is privately rented and 16.0% is privately owned outright.
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 7YW, 16.7% of residents are recorded as possessing school level qualifications and 42.7% 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 7YW, the average age was 34 and the most common age was 32.
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 7YW, 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 7YW, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.