Millbank Crescent - RG5 4ER
Key Postcode Insights
RG5 4ER is a residential postcode situated on Millbank Crescent, Woodley, Reading, RG5 with 52 addresses.
It ranks as the 449th largest and 192nd most expensive of the 486 postcodes in the RG5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 52 properties: 52 houses.
- Ave. Sale Price
- £440,125
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £1,759pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
RG5 4ER is a residential postcode situated on Millbank Crescent, Woodley, Reading, RG5 with 52 addresses.
It ranks as the 449th largest and 192nd most expensive of the 486 postcodes in the RG5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 52 properties: 52 houses.
- Ave. Sale Price
- £440,125
- 10 Year change
- up 17.3%
- Ave. Rental Price
- £1,759pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £448/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin RG5 4ER
- 2 Millbank Crescent
Unknown
- 4 Millbank Crescent
Unknown
- 6 Millbank Crescent
3 Bed Mid-century House
- 8 Millbank Crescent
3 Bed Mid-century House
- 10 Millbank Crescent
3 Bed Mid-century House
Sales Market Trends
The last sale in RG5 4ER sold for £450,000 on 14th November 2025. Since then prices are down an average of 2.1%.
The current average value in the postcode is £440,125.
The RG5 4ER Sales Market has increased by 17.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £440,125 |
| June 2025 | 3.3% | £451,395 |
| June 2024 | -1.8% | £437,037 |
| June 2023 | 1% | £445,097 |
| June 2022 | 10.5% | £440,512 |
| June 2021 | 5.4% | £398,794 |
| June 2020 | 1.8% | £378,528 |
| June 2019 | -2.5% | £371,711 |
| June 2018 | -0.5% | £381,169 |
| June 2017 | 2.1% | £383,202 |
| June 2016 | 11.5% | £375,274 |
| June 2015 | 12% | £336,483 |
| June 2014 | 14% | £300,486 |
| June 2013 | 1.5% | £263,661 |
| June 2012 | 2.5% | £259,778 |
| June 2011 | -0.7% | £253,341 |
| June 2010 | 13.2% | £255,196 |
| June 2009 | -11.3% | £225,471 |
| June 2008 | -0.9% | £254,255 |
| June 2007 | 0% | £256,679 |
Rental Market Trends
The current average rental value in the postcode is £1,759.
The RG5 4ER Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,759pcm |
| June 2025 | 1.8% | £1,720pcm |
| June 2024 | 5.5% | £1,690pcm |
| June 2023 | 12.9% | £1,602pcm |
| June 2022 | 10.1% | £1,419pcm |
| June 2021 | 7.1% | £1,289pcm |
| June 2020 | -0.8% | £1,203pcm |
| June 2019 | 0.6% | £1,212pcm |
| June 2018 | 0.9% | £1,205pcm |
| June 2017 | -0.4% | £1,194pcm |
| June 2016 | 3.5% | £1,198pcm |
| June 2015 | 2.2% | £1,157pcm |
| June 2014 | 4.9% | £1,132pcm |
| June 2013 | 2.7% | £1,079pcm |
| June 2012 | 5.7% | £1,050pcm |
| June 2011 | 3.4% | £993pcm |
| June 2010 | 4.4% | £960pcm |
| June 2009 | -5.7% | £920pcm |
| June 2008 | 1.4% | £975pcm |
| June 2007 | 0% | £961pcm |
Sales History
The last sale was on 14th November 2025 for £450,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 64 sales since 1995.
RG5 4ER has seen 6 sales in the last three years and 2 sales in the last twelve months.
- Sold Nov 2025£450,000 | 3 Bed House42, Millbank Crescent, Reading, RG5 4ER42, Millbank Crescent, Reading, RG5 4ER
- Sold Jul 2025£478,000 | 3 Bed House64, Millbank Crescent, Reading, RG5 4ER64, Millbank Crescent, Reading, RG5 4ER
- Sold Jan 2025£460,000 | 4 Bed House36, Millbank Crescent, Reading, RG5 4ER36, Millbank Crescent, Reading, RG5 4ER
- Sold Dec 2024£465,000 | 4 Bed House80, Millbank Crescent, Reading, RG5 4ER80, Millbank Crescent, Reading, RG5 4ER
- Sold Oct 2024£460,000 | 3 Bed House22, Millbank Crescent, Reading, RG5 4ER22, Millbank Crescent, Reading, RG5 4ER
Nearby Postcodes
RG5 4ER is the 449th largest and the 192nd most expensive postcode out of the 486 postcodes in the RG5 area.
- RG5 4EP, Millbank Crescent, Woodley, Reading, RG5RG5 4EP26 Addresses|30 m away
- RG5 4EW, Hudson Road, Woodley, Reading, RG5RG5 4EW14 Addresses|101 m away
- RG5 4EQ, Chaffey Close, Woodley, Reading, RG5RG5 4EQ14 Addresses|108 m away
- RG5 4EN, Hudson Road, Woodley, Reading, RG5RG5 4EN21 Addresses|149 m away
- RG5 4EL, Austin Road, Woodley, Reading, RG5RG5 4EL43 Addresses|167 m away
Property Types
- 30 mid-century houses built between 1936 and 1979
- 22 other addresses of unknown type
- mid-century house (30)
- Unknown (22)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (5)
- G (0)
- D (20)
- No EPC (22)
Top 3 Most Expensive Sales
- Sold Oct 2022£480,000 | 4 Bed House30, Millbank Crescent, Reading, RG5 4ER30, Millbank Crescent, Reading, RG5 4ER
- Sold Jul 2025£478,000 | 3 Bed House64, Millbank Crescent, Reading, RG5 4ER64, Millbank Crescent, Reading, RG5 4ER
- Sold Dec 2024£465,000 | 4 Bed House80, Millbank Crescent, Reading, RG5 4ER80, Millbank Crescent, Reading, RG5 4ER
Schools Nearby
- Rivermead Primary School100 m away
- Beechwood Primary School800 m away
- South Lake Primary School800 m away
- The Bulmershe School1.7 km away
- Waingels2.0 km away
- The Forest School2.2 km away
More reading links
Public Transport Nearby
The closest station to RG5 4ER is Winnersh Triangle station, which is 1.2 kilometres away.
- Winnersh Triangle|1.2 km away
- Earley|1.7 km away
- Winnersh|2.3 km away
- Twyford|3.8 km away