RG31 5BE is a residential postcode located on Lambourne Close, Tilehurst, Reading, RG31. It is the 404th largest postcode in the RG31 area.
It contains 21 residential addresses consisting of 8 houses, 6 flats and 7 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £411,860. Sales values have decreased in the last 12 months by 2.1% and Rental values have increased by 4.0%.
Property sale values range from £226,166 for a leasehold flat, with 2 bedrooms split across 581 square feet of gross internal area and has no outside space to £484,586 for a freehold house, with 4 bedrooms split across 1,238 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG31 5BE is £427/ft2.
Properties achieve a rental yield of between 5.2% and 6.2%, and rental values range from £1,174 to £2,098 per month.
The last sale was 12 Apr 2024 for £240,000 and since then the market in the area has decreased by -0.6%. The postcode has had a total of 4 sales since 1995.
RG31 5BE has seen 3 sales in the last three years and 1 sale in the last twelve months.
RG31 5BE is the 404th largest and the 306th most expensive postcode out of the 625 postcodes in the RG31 area.
RG31 5BE is the 404th largest and the 306th most expensive postcode out of the 625 postcodes in the RG31 area.
RG31 5BE is a residential postcode located on Lambourne Close, Tilehurst, Reading, RG31 with 8 houses, 6 flats and 7 unknown within its bounds.
The most common property type in RG31 5BE is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RG31 5BE is Tilehurst station which is 1.7 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 RG31 5BE, 42.8% of property is privately owned with a mortgage and 28.2% 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 RG31 5BE, 25.2% of residents are recorded as possessing school level qualifications and 34.4% 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 RG31 5BE, the average age was 41.7 and the most common age was 52.
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 RG31 5BE, 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 RG31 5BE, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.