RG40 1PJ is a residential postcode situated on Budges Road, Wokingham, RG40 with 18 addresses.
It ranks as the 566th largest and 156th most expensive of the 888 postcodes in the RG40 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 10 houses and 8 flats.
RG40 1PJ is a residential postcode situated on Budges Road, Wokingham, RG40 with 18 addresses.
It ranks as the 566th largest and 156th most expensive of the 888 postcodes in the RG40 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 10 houses and 8 flats.
Sale prices range from £170,202 for 2 bedroom leasehold flats (441 ft2) to £694,900 for 5 bedroom freehold houses with a garden (2,314 ft2) .
Monthly rental prices range from £931 pcm for 2 bed flats to £2,777 pcm for 5 bed houses.
The gross rental yield is between 4.8% and 6.6%.
The average value per square foot is £384.
The last sale in RG40 1PJ sold for £355,000 on 26th November 2024. Since then prices are down an average of 0.6%.
The current average value in the postcode is £313,342.
The RG40 1PJ Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.1% | £313,342 |
| April 2025 | 1.8% | £320,217 |
| April 2024 | 0.5% | £314,547 |
| April 2023 | 0.6% | £313,095 |
| April 2022 | 10.4% | £311,214 |
| April 2021 | 3.1% | £281,880 |
| April 2020 | 0.8% | £273,368 |
| April 2019 | -1.9% | £271,238 |
| April 2018 | -0.9% | £276,503 |
| April 2017 | 1.4% | £278,913 |
| April 2016 | 12.1% | £275,064 |
| April 2015 | 10% | £245,368 |
| April 2014 | 10.3% | £222,963 |
| April 2013 | 4.8% | £202,124 |
| April 2012 | 5.1% | £192,844 |
| April 2011 | -2.9% | £183,506 |
| April 2010 | 8.2% | £188,893 |
| April 2009 | -9.5% | £174,575 |
| April 2008 | 1.1% | £192,852 |
| April 2007 | 0% | £190,842 |
The current average rental value in the postcode is £1,436.
The RG40 1PJ Rental Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,436pcm |
| April 2025 | 1.2% | £1,398pcm |
| April 2024 | 10.6% | £1,381pcm |
| April 2023 | 10.5% | £1,249pcm |
| April 2022 | 10.6% | £1,130pcm |
| April 2021 | 2.6% | £1,022pcm |
| April 2020 | -0.4% | £996pcm |
| April 2019 | 1.6% | £1,000pcm |
| April 2018 | -1.1% | £984pcm |
| April 2017 | -2.2% | £995pcm |
| April 2016 | 6.4% | £1,018pcm |
| April 2015 | 4.6% | £957pcm |
| April 2014 | 6.1% | £915pcm |
| April 2013 | 3.9% | £863pcm |
| April 2012 | 2.9% | £830pcm |
| April 2011 | 2.2% | £807pcm |
| April 2010 | 2.8% | £790pcm |
| April 2009 | -6.2% | £768pcm |
| April 2008 | 4.7% | £819pcm |
| April 2007 | 0% | £781pcm |
The last sale was on 26th November 2024 for £355,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 26 sales since 1995.
RG40 1PJ has seen 1 sale in the last three years and no sales in the last twelve months.
RG40 1PJ is the 566th largest and the 156th most expensive postcode out of the 888 postcodes in the RG40 area.
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The closest station to RG40 1PJ is Wokingham station which is 1.5 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 RG40 1PJ, % of property is and % is .
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 RG40 1PJ, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 RG40 1PJ, 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 RG40 1PJ, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.