RG2 8LB is a residential postcode located on Whitley Wood Road, Reading, RG2. It is the 430th largest postcode in the RG2 area.
It contains 13 residential addresses consisting of 4 houses and 9 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £218,861. Sales values have increased in the last 12 months by 0.0% and Rental values have increased by 5.8%.
Property sale values range from £166,614 for a leasehold flat, with 1 bedrooms split across 388 square feet of gross internal area and has no outside space to £440,613 for a freehold house, with 4 bedrooms split across 1,184 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG2 8LB is £339/ft2.
Properties achieve a rental yield of between 5.4% and 6.8%, and rental values range from £918 to £1,979 per month.
The last sale was 23 Jun 2023 for £445,000 and since then the market in the area as increased by 0.4%. The postcode has had a total of 4 sales since 1995.
RG2 8LB has seen 1 sale in the last three years and no sales in the last twelve months.
RG2 8LB is the 430th largest and the 98th most expensive postcode out of the 972 postcodes in the RG2 area.
RG2 8LB is a residential postcode located on Whitley Wood Road, Reading, RG2 with 4 houses and 9 flats within its bounds.
The most common property type in RG2 8LB is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
The closest station to RG2 8LB is Reading Green Park station which is 3.0 km 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 RG2 8LB, 31.8% of property is privately owned outright and 31.8% 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 RG2 8LB, 17.5% of residents are recorded as possessing school level qualifications and 32.3% 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 RG2 8LB, the average age was 37.7 and the most common age was 37.
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 RG2 8LB, 0.9% 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 RG2 8LB, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.