RG1 5LP is a residential postcode situated on Erleigh Road, Reading, RG1 with 8 addresses.
It ranks as the 231st largest and 398th most expensive of the 1,007 postcodes in the RG1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 flats.
RG1 5LP is a residential postcode situated on Erleigh Road, Reading, RG1 with 8 addresses.
It ranks as the 231st largest and 398th most expensive of the 1,007 postcodes in the RG1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £212,907 for 2 bedroom Leasehold flats (818 ft2) to £235,116 for 2 bedroom Leasehold flats (828 ft2) .
Monthly rental prices range from £1,303 pcm for 2 bed flats to £1,423 pcm for 2 bed flats.
The gross rental yield is between 7.3% and 7.4%.
The average value per square foot is £284.
The last sale in RG1 5LP sold for £174,950 on 19th February 2013. Since then prices are up an average of 27.6%.
The current average value in the postcode is £224,953.
The RG1 5LP Sales Market has decreased by 14.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.3% | £224,953 |
| April 2025 | -2.4% | £230,290 |
| April 2024 | -0.3% | £236,006 |
| April 2023 | -1.4% | £236,728 |
| April 2022 | 3.3% | £239,982 |
| April 2021 | -3.2% | £232,413 |
| April 2020 | -2.2% | £240,136 |
| April 2019 | -2.1% | £245,587 |
| April 2018 | -4.6% | £250,957 |
| April 2017 | -0.3% | £263,146 |
| April 2016 | 17.3% | £264,049 |
| April 2015 | 13.7% | £225,086 |
| April 2014 | 11.2% | £198,002 |
| April 2013 | 2% | £178,074 |
| April 2012 | 1.7% | £174,602 |
| April 2011 | -2.7% | £171,728 |
| April 2010 | 4.3% | £176,451 |
| April 2009 | -14.5% | £169,185 |
| April 2008 | 0.3% | £197,914 |
| April 2007 | 0% | £197,231 |
The current average rental value in the postcode is £1,372.
The RG1 5LP Rental Market has increased by 22.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,372pcm |
| April 2025 | 0.8% | £1,340pcm |
| April 2024 | 8.2% | £1,330pcm |
| April 2023 | 11.2% | £1,229pcm |
| April 2022 | 5.4% | £1,106pcm |
| April 2021 | -2.5% | £1,049pcm |
| April 2020 | -0.3% | £1,075pcm |
| April 2019 | -0.2% | £1,078pcm |
| April 2018 | 0.1% | £1,080pcm |
| April 2017 | -3.3% | £1,079pcm |
| April 2016 | 3% | £1,116pcm |
| April 2015 | 7.5% | £1,083pcm |
| April 2014 | 3.7% | £1,008pcm |
| April 2013 | 2.8% | £972pcm |
| April 2012 | 4.4% | £945pcm |
| April 2011 | 3% | £905pcm |
| April 2010 | -2.7% | £879pcm |
| April 2009 | -9.1% | £903pcm |
| April 2008 | 3.1% | £993pcm |
| April 2007 | 0% | £963pcm |
The last sale was on 19th February 2013 for £174,950 and since then the market in the area has increased by 27.6%. The postcode has had a total of 3 sales since 1995.
RG1 5LP has seen no sales in the last three years and no sales in the last twelve months.
RG1 5LP is the 231st largest and the 398th most expensive postcode out of the 1,007 postcodes in the RG1 area.
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