Mill Lane - RG31 7RS
Key Postcode Insights
RG31 7RS is a residential postcode situated on Mill Lane, Calcot, Reading, RG31 with 43 addresses.
It ranks as the 578th largest and 593rd most expensive of the 629 postcodes in the RG31 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 43 properties: 39 houses and 4 flats.
- Ave. Sale Price
- £700,274
- 10 Year change
- up 5.8%
- Ave. Rental Price
- £2,701pcm
- 10 Year change
- up 41.7%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
RG31 7RS is a residential postcode situated on Mill Lane, Calcot, Reading, RG31 with 43 addresses.
It ranks as the 578th largest and 593rd most expensive of the 629 postcodes in the RG31 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 43 properties: 39 houses and 4 flats.
- Ave. Sale Price
- £700,274
- 10 Year change
- up 5.8%
- Ave. Rental Price
- £2,701pcm
- 10 Year change
- up 41.7%
- Ave. £ per ft²
- £364/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin RG31 7RS
- 1 Old Orchard Mews Mill Lane
4 Bed Modern House
- 2 Old Orchard Mews Mill Lane
5 Bed Modern House
- 3 Old Orchard Mews Mill Lane
5 Bed Modern House
- 4 Old Orchard Mews Mill Lane
4 Bed Modern House
- Annexe
2 Bed Period House
Sales Market Trends
The last sale in RG31 7RS sold for £686,000 on 29th August 2025. Since then prices are down an average of 3.3%.
The current average value in the postcode is £700,274.
The RG31 7RS Sales Market has increased by 5.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £700,274 |
| June 2025 | 1.5% | £723,647 |
| June 2024 | -1.3% | £713,286 |
| June 2023 | 0.6% | £722,426 |
| June 2022 | 9.5% | £718,190 |
| June 2021 | 2.6% | £655,823 |
| June 2020 | 0.1% | £639,063 |
| June 2019 | -2.7% | £638,213 |
| June 2018 | -0.7% | £655,943 |
| June 2017 | -0.3% | £660,276 |
| June 2016 | 15.2% | £661,956 |
| June 2015 | 10.9% | £574,859 |
| June 2014 | 12.3% | £518,246 |
| June 2013 | 2.8% | £461,523 |
| June 2012 | 1.8% | £448,774 |
| June 2011 | -0.8% | £440,992 |
| June 2010 | 10.5% | £444,576 |
| June 2009 | -12.7% | £402,302 |
| June 2008 | -2.8% | £460,655 |
| June 2007 | 0% | £473,899 |
Rental Market Trends
The current average rental value in the postcode is £2,701.
The RG31 7RS Rental Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £2,701pcm |
| June 2025 | 2% | £2,645pcm |
| June 2024 | 7.4% | £2,592pcm |
| June 2023 | 12.6% | £2,415pcm |
| June 2022 | 9.8% | £2,145pcm |
| June 2021 | 1.9% | £1,954pcm |
| June 2020 | 0.2% | £1,917pcm |
| June 2019 | 1.4% | £1,913pcm |
| June 2018 | -0.7% | £1,888pcm |
| June 2017 | -0.3% | £1,901pcm |
| June 2016 | 2.7% | £1,906pcm |
| June 2015 | 5.8% | £1,857pcm |
| June 2014 | 4.3% | £1,755pcm |
| June 2013 | 3% | £1,682pcm |
| June 2012 | 3.7% | £1,634pcm |
| June 2011 | 2.3% | £1,576pcm |
| June 2010 | 4.6% | £1,541pcm |
| June 2009 | -8.1% | £1,473pcm |
| June 2008 | 1.2% | £1,602pcm |
| June 2007 | 0% | £1,584pcm |
Sales History
The last sale was on 29th August 2025 for £686,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 44 sales since 1995.
RG31 7RS has seen 7 sales in the last three years and 2 sales in the last twelve months.
- Sold Aug 2025£686,000 | 4 Bed HouseWhite Gables, Mill Lane, Reading, RG31 7RSWhite Gables, Mill Lane, Reading, RG31 7RS
- Sold Jul 2025£250,000 | 2 Bed HouseKennet Mews, Mill Lane, Reading, RG31 7RSKennet Mews, Mill Lane, Reading, RG31 7RS
- Sold Jan 2025£550,000 | 4 Bed HouseGower Cottage, Mill Lane, Reading, RG31 7RSGower Cottage, Mill Lane, Reading, RG31 7RS
- Sold Feb 2024£248,000 | 3 Bed FlatThe Penthouse, Calcot Grange House, Mill Lane, Reading, RG31 7RSThe Penthouse, Calcot Grange House, Mill Lane, Reading, RG31 7RS
- Sold Dec 2023£1,100,000 | 5 Bed HouseGarden House, Mill Lane, Reading, RG31 7RSGarden House, Mill Lane, Reading, RG31 7RS
Nearby Postcodes
RG31 7RS is the 578th largest and the 593rd most expensive postcode out of the 629 postcodes in the RG31 area.
- RG31 7RR, Mill Lane, Calcot, Reading, RG31RG31 7RR1 Addresses|66 m away
- RG31 7DS, Leander Place, Calcot, Reading, RG31RG31 7DS4 Addresses|76 m away
- RG31 7RF, The Old Orchard, Calcot, Reading, RG31RG31 7RF8 Addresses|83 m away
- RG31 7DR, Grangely Close, Calcot, Reading, RG31RG31 7DR28 Addresses|137 m away
- RG31 7ZW, Goodwin Close, Calcot, Reading, RG31RG31 7ZW36 Addresses|160 m away
Property Types
- 7 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 18 modern houses built after 1980
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 12 other addresses of unknown type
- period house (7)
- period flat (4)
- modern house (18)
- house (1)
- early-century house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (7)
- F (2)
- C (8)
- G (0)
- D (8)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Dec 2023£1,100,000 | 5 Bed HouseGarden House, Mill Lane, Reading, RG31 7RSGarden House, Mill Lane, Reading, RG31 7RS
- Sold May 2021£1,050,000 | 5 Bed HouseBraeburn House, Mill Lane, Reading, RG31 7RSBraeburn House, Mill Lane, Reading, RG31 7RS
- Sold Jul 2023£1,000,000 | 4 Bed HouseGrangewood, Mill Lane, Reading, RG31 7RSGrangewood, Mill Lane, Reading, RG31 7RS
Schools Nearby
- Kennet Valley Primary School800 m away
- Calcot Infant School and Nursery1.1 km away
- Calcot Junior School1.1 km away
- King's Academy Prospect1.6 km away
- Little Heath School2.3 km away
- Blessed Hugh Faringdon Catholic School2.3 km away
More reading links
Public Transport Nearby
The closest station to RG31 7RS is Theale station, which is 2.7 kilometres away.
- Theale|2.7 km away
- Reading Green Park|2.9 km away
- Tilehurst|3.6 km away
- Reading West|3.7 km away
