RG1 8LG is a residential postcode situated on Milford Road, Reading, RG1 with 10 addresses.
It ranks as the 295th largest and 893rd most expensive of the 1,007 postcodes in the RG1 area.
The postcode contains a total of 10 properties: 10 houses.
RG1 8LG is a residential postcode situated on Milford Road, Reading, RG1 with 10 addresses.
It ranks as the 295th largest and 893rd most expensive of the 1,007 postcodes in the RG1 area.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £421,932 for 4 bedroom freehold houses with a garden (1,434 ft2) to £448,200 for 4 bedroom freehold houses with a garden (1,434 ft2) .
Monthly rental prices range from £2,402 pcm for 4 bed houses to £2,545 pcm for 4 bed houses.
The gross rental yield is between 6.8% and 6.8%.
The average value per square foot is £294.
The last sale in RG1 8LG sold for £210,000 on 20th March 2015. Since then prices are up an average of 52.7%.
The current average value in the postcode is £424,559.
The RG1 8LG Sales Market has increased by 5.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.9% | £424,559 |
| April 2025 | -0.2% | £437,288 |
| April 2024 | -0.9% | £438,357 |
| April 2023 | 0.8% | £442,520 |
| April 2022 | 8.7% | £438,904 |
| April 2021 | 1.6% | £403,632 |
| April 2020 | -0.9% | £397,272 |
| April 2019 | -1.1% | £400,836 |
| April 2018 | -1.2% | £405,262 |
| April 2017 | 2.3% | £410,364 |
| April 2016 | 14.2% | £401,270 |
| April 2015 | 11.2% | £351,400 |
| April 2014 | 13.6% | £316,042 |
| April 2013 | 7.1% | £278,249 |
| April 2012 | 2.8% | £259,871 |
| April 2011 | -1.8% | £252,712 |
| April 2010 | 9.2% | £257,265 |
| April 2009 | -15.3% | £235,484 |
| April 2008 | 2.5% | £278,072 |
| April 2007 | 0% | £271,331 |
The current average rental value in the postcode is £2,416.
The RG1 8LG Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £2,416pcm |
| April 2025 | 2.9% | £2,381pcm |
| April 2024 | 7.6% | £2,314pcm |
| April 2023 | 12.3% | £2,151pcm |
| April 2022 | 10.9% | £1,915pcm |
| April 2021 | 1.7% | £1,727pcm |
| April 2020 | 0.6% | £1,697pcm |
| April 2019 | 1.4% | £1,688pcm |
| April 2018 | 2.4% | £1,664pcm |
| April 2017 | -0.5% | £1,626pcm |
| April 2016 | 0.6% | £1,634pcm |
| April 2015 | 5.4% | £1,624pcm |
| April 2014 | 6.1% | £1,541pcm |
| April 2013 | 7.6% | £1,452pcm |
| April 2012 | 5.5% | £1,349pcm |
| April 2011 | 3.5% | £1,279pcm |
| April 2010 | 1.7% | £1,236pcm |
| April 2009 | -9.3% | £1,216pcm |
| April 2008 | 4.7% | £1,340pcm |
| April 2007 | 0% | £1,280pcm |
The last sale was on 20th March 2015 for £210,000 and since then the market in the area has increased by 52.7%. The postcode has had a total of 3 sales since 1995.
RG1 8LG has seen no sales in the last three years and no sales in the last twelve months.
RG1 8LG is the 295th largest and the 893rd most expensive postcode out of the 1,007 postcodes in the RG1 area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around RG1 8LG, 50.4% of property is privately rented and 29.6% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RG1 8LG, 15.8% of residents are recorded as possessing school level qualifications and 56.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RG1 8LG, the average age was 34 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RG1 8LG, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RG1 8LG, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.