Palmer Street - RG1 3GX
Key Postcode Insights
RG1 3GX is a residential postcode situated on Palmer Street, Reading, RG1 with 26 addresses.
It ranks as the 595th largest and 911th most expensive of the 1,007 postcodes in the RG1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 3 houses and 23 flats.
- Ave. Sale Price
- £414,666
- 10 Year change
- down 12.8%
- Ave. Rental Price
- £2,077pcm
- 10 Year change
- up 30.7%
- Ave. £ per ft²
- £495/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
RG1 3GX is a residential postcode situated on Palmer Street, Reading, RG1 with 26 addresses.
It ranks as the 595th largest and 911th most expensive of the 1,007 postcodes in the RG1 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 26 properties: 3 houses and 23 flats.
- Ave. Sale Price
- £414,666
- 10 Year change
- down 12.8%
- Ave. Rental Price
- £2,077pcm
- 10 Year change
- up 30.7%
- Ave. £ per ft²
- £495/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin RG1 3GX
- 1 Palmer Street
Unknown
- 2 Palmer Street
Unknown
- 5 Palmer Street
2 Bed Modern Flat
- 6 Palmer Street
3 Bed Modern Flat
- 7 Palmer Street
3 Bed Modern Flat
Sales Market Trends
The last sale in RG1 3GX sold for £450,000 on 2nd October 2025. Since then prices are down an average of 4.3%.
The current average value in the postcode is £414,666.
The RG1 3GX Sales Market has decreased by 12.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £414,666 |
| June 2025 | -3.5% | £435,669 |
| June 2024 | 0.6% | £451,607 |
| June 2023 | -1.6% | £448,936 |
| June 2022 | 3.9% | £456,168 |
| June 2021 | -0.8% | £439,055 |
| June 2020 | -1.3% | £442,753 |
| June 2019 | -0.9% | £448,473 |
| June 2018 | -3.8% | £452,747 |
| June 2017 | -1.1% | £470,400 |
| June 2016 | 14.1% | £475,763 |
| June 2015 | 12.5% | £416,941 |
| June 2014 | 13.6% | £370,624 |
| June 2013 | 3.2% | £326,321 |
| June 2012 | 2.2% | £316,306 |
| June 2011 | -2.4% | £309,374 |
| June 2010 | 7.7% | £316,864 |
| June 2009 | -10.7% | £294,212 |
| June 2008 | -5.4% | £329,538 |
| June 2007 | 0% | £348,197 |
Rental Market Trends
The current average rental value in the postcode is £2,077.
The RG1 3GX Rental Market has increased by 30.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £2,077pcm |
| June 2025 | -0.2% | £2,047pcm |
| June 2024 | 7.1% | £2,051pcm |
| June 2023 | 11.8% | £1,915pcm |
| June 2022 | 8.4% | £1,713pcm |
| June 2021 | -0.1% | £1,580pcm |
| June 2020 | 0.2% | £1,581pcm |
| June 2019 | 0.7% | £1,578pcm |
| June 2018 | 1.8% | £1,567pcm |
| June 2017 | -3.1% | £1,539pcm |
| June 2016 | 0.3% | £1,589pcm |
| June 2015 | 7.1% | £1,585pcm |
| June 2014 | 5.5% | £1,480pcm |
| June 2013 | 2.4% | £1,402pcm |
| June 2012 | 4.4% | £1,369pcm |
| June 2011 | 4.3% | £1,311pcm |
| June 2010 | 2.3% | £1,257pcm |
| June 2009 | -9.2% | £1,229pcm |
| June 2008 | 0.6% | £1,352pcm |
| June 2007 | 0% | £1,344pcm |
Sales History
The last sale was on 2nd October 2025 for £450,000 and since then the market in the area has decreased by 4.3%. The postcode has had a total of 4 sales since 1995.
RG1 3GX has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£450,000 | 3 Bed Flat6, Palmer Street, Reading, RG1 3GX6, Palmer Street, Reading, RG1 3GX
- Sold Feb 2024£475,000 | 3 Bed Flat24, Palmer Street, Reading, RG1 3GX24, Palmer Street, Reading, RG1 3GX
- Sold Oct 2023£570,500 | 3 Bed Flat14, Palmer Street, Reading, RG1 3GX14, Palmer Street, Reading, RG1 3GX
- Sold Oct 2023£570,500 | 3 Bed Flat16, Palmer Street, Reading, RG1 3GX16, Palmer Street, Reading, RG1 3GX
Nearby Postcodes
RG1 3GX is the 595th largest and the 911th most expensive postcode out of the 1,007 postcodes in the RG1 area.
- RG1 3HU, Palmer Street, Reading, RG1RG1 3HU61 Addresses|30 m away
- RG1 3HP, Palmer Street, Reading, RG1RG1 3HP56 Addresses|37 m away
- RG1 3GZ, Palmer Street, Reading, RG1RG1 3GZ39 Addresses|38 m away
- RG1 3GY, Palmer Street, Reading, RG1RG1 3GY72 Addresses|44 m away
- RG1 3FW, Kenavon Drive, Reading, RG1RG1 3FW57 Addresses|56 m away
Property Types
- 1 modern house built after 1980
- 20 modern flats built after 1980
- 5 other addresses of unknown type
- modern house (1)
- modern flat (20)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (21)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Oct 2023£570,500 | 3 Bed Flat16, Palmer Street, Reading, RG1 3GX16, Palmer Street, Reading, RG1 3GX
- Sold Oct 2023£570,500 | 3 Bed Flat14, Palmer Street, Reading, RG1 3GX14, Palmer Street, Reading, RG1 3GX
- Sold Oct 2023£551,030 | 2 Bed FlatFlat 33, 26, Palmer Street, Reading, RG1 3GZFlat 33, 26, Palmer Street, Reading, RG1 3GZ
Schools Nearby
- St John's Church of England Primary School600 m away
- New Town Primary School800 m away
- Katesgrove Primary School1.1 km away
- Kendrick School600 m away
- Reading School1.1 km away
- Maiden Erlegh School in Reading1.8 km away
More reading links
Public Transport Nearby
The closest station to RG1 3GX is Reading station, which is 700 metres away.
- Reading|700 m away
- Reading West|2.0 km away
- Earley|3.5 km away
- Reading Green Park|4.2 km away
