Cholmeley Road - RG1 3LY
Key Postcode Insights
RG1 3LY is a residential postcode situated on Cholmeley Road, Reading, RG1 with 27 addresses.
It ranks as the 612th largest and 599th most expensive of the 1,007 postcodes in the RG1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 27 properties: 25 houses and 2 flats.
- Ave. Sale Price
- £284,391
- 10 Year change
- down 6.4%
- Ave. Rental Price
- £1,702pcm
- 10 Year change
- up 37.3%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
RG1 3LY is a residential postcode situated on Cholmeley Road, Reading, RG1 with 27 addresses.
It ranks as the 612th largest and 599th most expensive of the 1,007 postcodes in the RG1 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 27 properties: 25 houses and 2 flats.
- Ave. Sale Price
- £284,391
- 10 Year change
- down 6.4%
- Ave. Rental Price
- £1,702pcm
- 10 Year change
- up 37.3%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin RG1 3LY
- 81 Cholmeley Road
4 Bed Period House
- 83 Cholmeley Road
3 Bed Period House
- 85 Cholmeley Road
3 Bed Period House
- 86 Cholmeley Road
Building  |  2 Flats
- 87 Cholmeley Road
3 Bed Period House
Sales Market Trends
The last sale in RG1 3LY sold for £355,000 on 19th March 2025. Since then prices are up an average of 3.8%.
The current average value in the postcode is £284,391.
The RG1 3LY Sales Market has decreased by 6.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £284,391 |
| June 2025 | -1.5% | £294,326 |
| June 2024 | -0.5% | £298,770 |
| June 2023 | -0.6% | £300,204 |
| June 2022 | 5.3% | £302,105 |
| June 2021 | 0.6% | £286,968 |
| June 2020 | -0.6% | £285,222 |
| June 2019 | -1.8% | £287,080 |
| June 2018 | -3.8% | £292,366 |
| June 2017 | 0% | £303,821 |
| June 2016 | 15.2% | £303,927 |
| June 2015 | 12.7% | £263,812 |
| June 2014 | 14.4% | £234,068 |
| June 2013 | 2.6% | £204,548 |
| June 2012 | 1.7% | £199,358 |
| June 2011 | -2.9% | £195,975 |
| June 2010 | 7.9% | £201,801 |
| June 2009 | -11% | £187,035 |
| June 2008 | -4.4% | £210,044 |
| June 2007 | 0% | £219,670 |
Rental Market Trends
The current average rental value in the postcode is £1,702.
The RG1 3LY Rental Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,702pcm |
| June 2025 | 1.7% | £1,655pcm |
| June 2024 | 6% | £1,628pcm |
| June 2023 | 12.5% | £1,536pcm |
| June 2022 | 9.3% | £1,366pcm |
| June 2021 | 1.2% | £1,250pcm |
| June 2020 | 0.4% | £1,235pcm |
| June 2019 | 0% | £1,230pcm |
| June 2018 | 1.3% | £1,231pcm |
| June 2017 | -1.9% | £1,216pcm |
| June 2016 | 1.9% | £1,240pcm |
| June 2015 | 6.9% | £1,216pcm |
| June 2014 | 6.3% | £1,138pcm |
| June 2013 | 1.9% | £1,071pcm |
| June 2012 | 4% | £1,051pcm |
| June 2011 | 3.4% | £1,010pcm |
| June 2010 | 2.3% | £977pcm |
| June 2009 | -9% | £956pcm |
| June 2008 | 1.2% | £1,050pcm |
| June 2007 | 0% | £1,037pcm |
Sales History
The last sale was on 19th March 2025 for £355,000 and since then the market in the area has increased by 3.8%. The postcode has had a total of 32 sales since 1995.
RG1 3LY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£355,000 | 3 Bed House94, Cholmeley Road, Reading, RG1 3LY94, Cholmeley Road, Reading, RG1 3LY
- Sold Oct 2024£375,000 | 3 Bed House102, Cholmeley Road, Reading, RG1 3LY102, Cholmeley Road, Reading, RG1 3LY
- Sold Sep 2022£246,000 | 3 Bed House94, Cholmeley Road, Reading, RG1 3LY94, Cholmeley Road, Reading, RG1 3LY
- Sold Jun 2020£268,000 | 1 Bed Flat86, Cholmeley Road, Reading, RG1 3LY86, Cholmeley Road, Reading, RG1 3LY
- Sold Jan 2020£296,000 | 3 Bed House110, Cholmeley Road, Reading, RG1 3LY110, Cholmeley Road, Reading, RG1 3LY
Nearby Postcodes
RG1 3LY is the 612th largest and the 599th most expensive postcode out of the 1,007 postcodes in the RG1 area.
- RG1 3LR, Cholmeley Road, Reading, RG1RG1 3LR27 Addresses|60 m away
- RG1 3PY, Riversdale Court, Reading, RG1RG1 3PY12 Addresses|60 m away
- RG1 3NB, Cholmeley Road, Reading, RG1RG1 3NB32 Addresses|70 m away
- RG1 3LP, Amity Street, Reading, RG1RG1 3LP35 Addresses|85 m away
- RG1 3LL, Amity Road, Reading, RG1RG1 3LL44 Addresses|87 m away
Property Types
- 16 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 houses of an unknown age
- 7 other addresses of unknown type
- period house (16)
- period flat (2)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (14)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Jun 2022£475,000 | 3 Bed House80, Cholmeley Road, Reading, RG1 3NB80, Cholmeley Road, Reading, RG1 3NB
- Sold Jan 2022£460,000 | 4 Bed House168, Cholmeley Road, Reading, RG1 3LX168, Cholmeley Road, Reading, RG1 3LX
- Sold Jul 2024£430,000 | 3 Bed House59B, Cholmeley Road, Reading, RG1 3NB59B, Cholmeley Road, Reading, RG1 3NB
Schools Nearby
- New Town Primary School100 m away
- St John's Church of England Primary School400 m away
- Redlands Primary School1.1 km away
- Reading School1.0 km away
- Maiden Erlegh School in Reading1.1 km away
- UTC Reading1.1 km away
More reading links
Public Transport Nearby
The closest station to RG1 3LY is Reading station, which is 1.6 kilometres away.
- Reading|1.6 km away
- Earley|2.7 km away
- Reading West|2.9 km away
- Winnersh Triangle|4.5 km away
