RG1 3GZ is a residential postcode situated on Palmer Street, Reading, RG1 with 39 addresses.
It ranks as the 769th largest and 862nd most expensive of the 1,007 postcodes in the RG1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 39 flats.
RG1 3GZ is a residential postcode situated on Palmer Street, Reading, RG1 with 39 addresses.
It ranks as the 769th largest and 862nd most expensive of the 1,007 postcodes in the RG1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 39 properties: 39 flats.
Sale prices range from £327,600 for 2 bedroom leasehold flats with a balcony (516 ft2) to £439,360 for 2 bedroom leasehold flats with a balcony (828 ft2) .
Monthly rental prices range from £1,684 pcm for 2 bed flats to £2,088 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 6.2%.
The average value per square foot is £559.
The last sale in RG1 3GZ sold for £415,000 on 3rd February 2025. Since then prices are down an average of 4.2%.
The current average value in the postcode is £384,108.
The RG1 3GZ Sales Market has decreased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £384,108 |
| April 2025 | -3.7% | £397,783 |
| April 2024 | -0.1% | £412,890 |
| April 2023 | -1% | £413,483 |
| April 2022 | 3.2% | £417,651 |
| April 2021 | -3.1% | £404,591 |
| April 2020 | -1.7% | £417,349 |
| April 2019 | -1.3% | £424,622 |
| April 2018 | -4.4% | £430,223 |
| April 2017 | -0.5% | £450,129 |
| April 2016 | 16.1% | £452,612 |
| April 2015 | 13.2% | £389,997 |
| April 2014 | 11% | £344,440 |
| April 2013 | 3.7% | £310,362 |
| April 2012 | 1.6% | £299,390 |
| April 2011 | -2.1% | £294,543 |
| April 2010 | 4.8% | £300,956 |
| April 2009 | -14.8% | £287,067 |
| April 2008 | -0.2% | £337,022 |
| April 2007 | 0% | £337,840 |
The current average rental value in the postcode is £1,897.
The RG1 3GZ Rental Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,897pcm |
| April 2025 | -0.5% | £1,875pcm |
| April 2024 | 8.4% | £1,884pcm |
| April 2023 | 11.6% | £1,737pcm |
| April 2022 | 5.4% | £1,556pcm |
| April 2021 | -2.4% | £1,476pcm |
| April 2020 | 0.3% | £1,512pcm |
| April 2019 | 0.7% | £1,508pcm |
| April 2018 | 0.4% | £1,498pcm |
| April 2017 | -3.5% | £1,492pcm |
| April 2016 | 1.8% | £1,546pcm |
| April 2015 | 7.1% | £1,518pcm |
| April 2014 | 3.5% | £1,418pcm |
| April 2013 | 4.5% | £1,369pcm |
| April 2012 | 4.4% | £1,310pcm |
| April 2011 | 3.6% | £1,255pcm |
| April 2010 | -2.2% | £1,212pcm |
| April 2009 | -9.4% | £1,239pcm |
| April 2008 | 2.5% | £1,367pcm |
| April 2007 | 0% | £1,334pcm |
The last sale was on 3rd February 2025 for £415,000 and since then the market in the area has decreased by 4.2%. The postcode has had a total of 38 sales since 1995.
RG1 3GZ has seen 38 sales in the last three years and no sales in the last twelve months.
RG1 3GZ is the 769th largest and the 862nd most expensive postcode out of the 1,007 postcodes in the RG1 area.
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