RG7 1BN is a residential postcode located on Wellington Court, Spencers Wood, Reading, RG7. It is the 1319th largest postcode in the RG7 area.
It contains 19 houses and 12 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £513,939. Sales values have decreased in the last 12 months by 2.1% and Rental values have increased by 3.6%.
Property sale values range from £308,953 for a freehold house, with 2 bedrooms split across 514 square feet of gross internal area and has a garden to £957,839 for a freehold house, with 5 bedrooms split across 3,132 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RG7 1BN is £415/ft2.
Properties achieve a rental yield of between 3.6% and 4.9%, and rental values range from £1,269 to £2,837 per month.
The last sale was 06 Oct 2023 for £440,000 and since then the market in the area has decreased by -0.9%. The postcode has had a total of 4 sales since 1995.
RG7 1BN has seen 4 sales in the last three years and 1 sale in the last twelve months.
RG7 1BN is the 1319th largest and the 653rd most expensive postcode out of the 1,434 postcodes in the RG7 area.
RG7 1BN is the 1319th largest and the 653rd most expensive postcode out of the 1,434 postcodes in the RG7 area.
RG7 1BN is a residential postcode located on Wellington Court, Spencers Wood, Reading, RG7 with 19 houses and 12 unknown within its bounds.
The most common property type in RG7 1BN is a mid-century house 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 No EPC.
The closest station to RG7 1BN is Reading Green Park station which is 3.5 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 RG7 1BN, 35.4% of property is privately owned outright and 34.5% 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 RG7 1BN, 16.9% of residents are recorded as possessing school level qualifications and 35.0% 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 RG7 1BN, the average age was 37.6 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 RG7 1BN, 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 RG7 1BN, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.