RG2 8TT is a residential postcode located on Mortimer Close, Reading, RG2. It is the 471st largest postcode in the RG2 area.
It contains 15 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £319,061. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 4.8%.
Property sale values range from £260,181 for a freehold house, with 2 bedrooms split across 638 square feet of gross internal area and has a garden to £350,578 for a freehold house, with 3 bedrooms split across 1,056 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG2 8TT is £349/ft2.
Properties achieve a rental yield of between 5.7% and 6.1%, and rental values range from £1,312 to £1,675 per month.
The last sale was 17 Nov 2023 for £323,000 and since then the market in the area as increased by -0.5%. The postcode has had a total of 4 sales since 1995.
RG2 8TT has seen 1 sale in the last three years and 1 sale in the last twelve months.
RG2 8TT is the 471st largest and the 374th most expensive postcode out of the 972 postcodes in the RG2 area.
RG2 8TT is a residential postcode located on Mortimer Close, Reading, RG2 with 15 houses within its bounds.
The most common property type in RG2 8TT is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RG2 8TT 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 8TT, 40.4% of property is privately owned with a mortgage and 32.2% 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 RG2 8TT, 18.3% of residents are recorded as possessing school level qualifications and 25.7% 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 RG2 8TT, 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 8TT, 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 RG2 8TT, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.