Mereoak Lane - RG7 1JY
Key Postcode Insights
RG7 1JY is a residential postcode situated on Mereoak Lane, Grazeley, Reading, RG7 with 2 addresses.
It ranks as the 174th largest and 997th most expensive of the 1,425 postcodes in the RG7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £700,152
- 10 Year change
- up 10.8%
- Ave. Rental Price
- £1,970pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £570/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
RG7 1JY is a residential postcode situated on Mereoak Lane, Grazeley, Reading, RG7 with 2 addresses.
It ranks as the 174th largest and 997th most expensive of the 1,425 postcodes in the RG7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £700,152
- 10 Year change
- up 10.8%
- Ave. Rental Price
- £1,970pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £570/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Sales Market Trends
The last sale in RG7 1JY sold for £670,000 on 24th April 2026. Since then prices are down an average of 1.5%.
The current average value in the postcode is £700,152.
The RG7 1JY Sales Market has increased by 10.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £700,152 |
| June 2025 | -0.2% | £725,965 |
| June 2024 | 0.7% | £727,338 |
| June 2023 | 1.2% | £722,453 |
| June 2022 | 8.2% | £713,750 |
| June 2021 | 4% | £659,658 |
| June 2020 | -0.1% | £634,093 |
| June 2019 | -1.8% | £634,878 |
| June 2018 | 0% | £646,766 |
| June 2017 | 2.3% | £646,501 |
| June 2016 | 13.5% | £631,732 |
| June 2015 | 12.2% | £556,820 |
| June 2014 | 13.2% | £496,225 |
| June 2013 | 3.9% | £438,199 |
| June 2012 | 1.6% | £421,770 |
| June 2011 | -1.7% | £414,984 |
| June 2010 | 10.3% | £422,068 |
| June 2009 | -11% | £382,645 |
| June 2008 | -3% | £429,801 |
| June 2007 | 0% | £443,050 |
Rental Market Trends
The current average rental value in the postcode is £1,970.
The RG7 1JY Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,970pcm |
| June 2025 | 3.1% | £1,922pcm |
| June 2024 | 5.5% | £1,864pcm |
| June 2023 | 11.7% | £1,766pcm |
| June 2022 | 11% | £1,582pcm |
| June 2021 | 5.4% | £1,426pcm |
| June 2020 | -0.5% | £1,353pcm |
| June 2019 | 1% | £1,360pcm |
| June 2018 | 0.1% | £1,346pcm |
| June 2017 | -1.1% | £1,345pcm |
| June 2016 | 4.7% | £1,360pcm |
| June 2015 | 6.3% | £1,299pcm |
| June 2014 | 6.5% | £1,223pcm |
| June 2013 | 2.4% | £1,149pcm |
| June 2012 | 3.9% | £1,122pcm |
| June 2011 | 3.7% | £1,080pcm |
| June 2010 | 6% | £1,041pcm |
| June 2009 | -8.5% | £983pcm |
| June 2008 | 1.9% | £1,074pcm |
| June 2007 | 0% | £1,054pcm |
Sales History
The last sale was on 24th April 2026 for £670,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 3 sales since 1995.
RG7 1JY has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Apr 2026£670,000 | 3 Bed HouseApple Tree Cottage, Mereoak Lane, Reading, RG7 1JYApple Tree Cottage, Mereoak Lane, Reading, RG7 1JY
- Sold Aug 2020£550,000 | 3 Bed HouseApple Tree Cottage, Mereoak Lane, Reading, RG7 1JYApple Tree Cottage, Mereoak Lane, Reading, RG7 1JY
- Sold May 1997£94,000 | 4 Bed HouseGreystones, Mereoak Lane, Reading, RG7 1JYGreystones, Mereoak Lane, Reading, RG7 1JY
Nearby Postcodes
RG7 1JY is the 174th largest and the 997th most expensive postcode out of the 1,425 postcodes in the RG7 area.
- RG7 1JZ, Mereoak Lane, Grazeley, Reading, RG7RG7 1JZ2 Addresses|4 m away
- RG7 1JT, Lambwood Hill, Grazeley, Reading, RG7RG7 1JT9 Addresses|46 m away
- RG7 1LA, Mortimer Road, Grazeley, Reading, RG7RG7 1LA6 Addresses|64 m away
- RG7 1LB, Mereoak Lane, Grazeley, Reading, RG7RG7 1LB2 Addresses|127 m away
- RG7 1JQ, Lambwood Hill, Grazeley, Reading, RG7RG7 1JQ4 Addresses|188 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 other address of unknown type
- period house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2026£670,000 | 3 Bed HouseApple Tree Cottage, Mereoak Lane, Reading, RG7 1JYApple Tree Cottage, Mereoak Lane, Reading, RG7 1JY
- Sold Jun 2020£560,000 | 4 Bed House1 Jubilee Cottages, Mereoak Lane, Reading, RG7 1JZ1 Jubilee Cottages, Mereoak Lane, Reading, RG7 1JZ
- Sold Aug 2020£550,000 | 3 Bed HouseApple Tree Cottage, Mereoak Lane, Reading, RG7 1JYApple Tree Cottage, Mereoak Lane, Reading, RG7 1JY
Schools Nearby
- Grazeley Church of England Primary School100 m away
- Lambs Lane Primary School1.7 km away
- Alder Grove Church of England Primary School2.9 km away
- Oakbank School2.3 km away
- Hartland High School4.1 km away
- Reading Girls' School5.1 km away
More reading links
Public Transport Nearby
The closest station to RG7 1JY is Reading Green Park station, which is 3.4 kilometres away.
- Reading Green Park|3.4 km away
- Mortimer|3.8 km away
- Reading West|6.6 km away
- Theale|6.9 km away