RG4 8PY is a residential postcode situated on Balmore Park, Caversham, Reading, RG4 with 24 addresses.
It ranks as the 688th largest and 70th most expensive of the 964 postcodes in the RG4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
RG4 8PY is a residential postcode situated on Balmore Park, Caversham, Reading, RG4 with 24 addresses.
It ranks as the 688th largest and 70th most expensive of the 964 postcodes in the RG4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £223,490 for 2 bedroom leasehold flats (473 ft2) to £276,564 for 2 bedroom leasehold flats (721 ft2) .
Monthly rental prices range from £1,025 pcm for 2 bed flats to £1,276 pcm for 2 bed flats.
The gross rental yield is between 5.5% and 5.5%.
The average value per square foot is £401.
The last sale in RG4 8PY sold for £282,000 on 21st November 2025. Since then prices have on average remained the same.
The current average value in the postcode is £260,380.
The RG4 8PY Sales Market has increased by 2.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £260,380 |
| April 2025 | -1% | £260,884 |
| April 2024 | -2.5% | £263,419 |
| April 2023 | 0.8% | £270,196 |
| April 2022 | 4.2% | £267,921 |
| April 2021 | 3.8% | £257,094 |
| April 2020 | 0.3% | £247,743 |
| April 2019 | -2.4% | £247,014 |
| April 2018 | -1.7% | £252,967 |
| April 2017 | 1.2% | £257,283 |
| April 2016 | 12.8% | £254,166 |
| April 2015 | 9.6% | £225,397 |
| April 2014 | 10.7% | £205,604 |
| April 2013 | 3.7% | £185,747 |
| April 2012 | 1.7% | £179,162 |
| April 2011 | 0% | £176,208 |
| April 2010 | 6.7% | £176,276 |
| April 2009 | -14.3% | £165,252 |
| April 2008 | 0.1% | £192,804 |
| April 2007 | 0% | £192,661 |
The current average rental value in the postcode is £1,200.
The RG4 8PY Rental Market has increased by 22.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,200pcm |
| April 2025 | 2.9% | £1,161pcm |
| April 2024 | 4% | £1,128pcm |
| April 2023 | 6.1% | £1,085pcm |
| April 2022 | 6.3% | £1,022pcm |
| April 2021 | 0.4% | £961pcm |
| April 2020 | -2.1% | £957pcm |
| April 2019 | 2.6% | £978pcm |
| April 2018 | -3.4% | £953pcm |
| April 2017 | 0.4% | £987pcm |
| April 2016 | 2.4% | £983pcm |
| April 2015 | 3% | £960pcm |
| April 2014 | 3.2% | £932pcm |
| April 2013 | 3.8% | £903pcm |
| April 2012 | 4.2% | £871pcm |
| April 2011 | 3.1% | £836pcm |
| April 2010 | -1.3% | £810pcm |
| April 2009 | -7.9% | £821pcm |
| April 2008 | 0.9% | £891pcm |
| April 2007 | 0% | £883pcm |
The last sale was on 21st November 2025 for £282,000 and since then the market in the area has remained stable. The postcode has had a total of 55 sales since 1995.
RG4 8PY has seen 3 sales in the last three years and 1 sale in the last twelve months.
RG4 8PY is the 688th largest and the 70th most expensive postcode out of the 964 postcodes in the RG4 area.
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