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RG7 1LQ

RG7 1LQ

Last update: Aug 2024

Postcode Overview

of RG7 1LQ

RG7 1LQ is a residential postcode located on Moor Close, Spencers Wood, Reading, RG7. It is the 1201st largest postcode in the RG7 area.

It contains 21 residential addresses consisting of 8 houses and 13 flats and the most common type of property is a modern flat built after 1980.

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Average property prices

in RG7 1LQ

The average house value is £264,229. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 5.6%.

Property sale values range from £256,024 for a leasehold flat, with 2 bedrooms split across 678 square feet of gross internal area and has no outside space to £712,171 for a freehold house, with 5 bedrooms split across 1,808 square feet of gross internal area and has a garden.

Average £/ft2 for properties in RG7 1LQ is £378/ft2.

Properties achieve a rental yield of between 4.1% and 5.6%, and rental values range from £1,200 to £2,421 per month.

Sale value change
12 months
0.2%
Rental value change
12 months
5.6%
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Recent sales

within RG7 1LQ

The last sale was 06 Mar 2023 for £635,000 and since then the market in the area has decreased by -0.6%. The postcode has had a total of 2 sales since 1995.

RG7 1LQ has seen 2 sales in the last three years and no sales in the last twelve months.

£635,000
Mar-2023
Sold
£675,000
Sep-2022
Sold
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Nearby postcodes

to RG7 1LQ

RG7 1LQ is the 1201st largest and the 102nd most expensive postcode out of the 1,434 postcodes in the RG7 area.

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Nearby postcodes

to RG7 1LQ

RG7 1LQ is the 1201st largest and the 102nd most expensive postcode out of the 1,434 postcodes in the RG7 area.

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Property types

in RG7 1LQ

RG7 1LQ is a residential postcode located on Moor Close, Spencers Wood, Reading, RG7 with 8 houses and 13 flats within its bounds.

The most common property type in RG7 1LQ is a modern flat built after 1980.

modern house (8)
modern flat (13)
Energy Efficiency

Energy Efficiency

of properties within RG7 1LQ

The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.

A (0)
E (0)
B (21)
F (0)
C (0)
G (0)
D (0)
No EPC (0)
Schools nearby

Schools nearby

to RG7 1LQ

The nearest primary school to RG7 1LQ is Alder Grove Church of England Primary School which is 900 metres away and is rated Good by Ofsted.
900 m
Alder Grove Church of England Primary School
Good
1.3 km
Shinfield St Mary's CofE Junior School
Good
1.6 km
Lambs Lane Primary School
Good
The nearest secondary school is Oakbank which is 600 metres away and is rated RequiresImprovement by Ofsted.
600 m
Oakbank
Requires improvement
3.0 km
John Madejski Academy
Serious weaknesses
4.2 km
Reading Girls' School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to RG7 1LQ

The closest station to RG7 1LQ is Reading Green Park station which is 4.1 kilometres away.

4.1 km
Reading Green Park
5.7 km
Earley
5.8 km
Mortimer
6.6 km
Winnersh Triangle
Source: National Rail
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