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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
RG7 1LEHouse Prices / South East, Wokingham, Mereoak Lane
Last updated May 2026
Key Postcode Insights
RG7 1LE is a residential postcode situated on Mereoak Lane, Grazeley, Reading, RG7 with 4 addresses.
It ranks as the 474th largest and 275th most expensive of the 1,423 postcodes in the RG7 area.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
4
Properties
- Houses
- Flats
Key Postcode Insights
RG7 1LE is a residential postcode situated on Mereoak Lane, Grazeley, Reading, RG7 with 4 addresses.
It ranks as the 474th largest and 275th most expensive of the 1,423 postcodes in the RG7 area.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
4
Properties
- Houses
- Flats
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House Pricesin RG7 1LE
Sale prices range from £348,744 for 3 bedroom Leasehold flats (990 ft2) to £451,972 for 3 bedroom freehold houses with a garden (741 ft2) .
Monthly rental prices range from £1,318 pcm for 3 bed flats to £1,482 pcm for 3 bed houses.
The gross rental yield is between 3.9% and 4.6%.
The average value per square foot is £481.
Average Sale Value
£387,004
Average Rental Value
£1,365 pcm
Average Rental Yield
4.2% /year
Average Value Per Sqft
£481 /ft2
Sales Market Trendsin RG7 1LE
The last sale in RG7 1LE sold for £300,000 on 6th October 2021. Since then prices are up an average of 1.7%.
The current average value in the postcode is £387,004.
The RG7 1LE Sales Market has increased by 6.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £387,004 |
| April 2025 | -0.1% | £396,760 |
| April 2024 | 0.8% | £396,987 |
| April 2023 | 1.8% | £393,659 |
| April 2022 | 6.1% | £386,513 |
| April 2021 | 2.4% | £364,400 |
| April 2020 | -1.1% | £355,829 |
| April 2019 | -1.5% | £359,944 |
| April 2018 | -1.1% | £365,502 |
| April 2017 | 1.6% | £369,470 |
| April 2016 | 16.8% | £363,648 |
| April 2015 | 12.6% | £311,365 |
| April 2014 | 12.6% | £276,556 |
| April 2013 | 4.5% | £245,534 |
| April 2012 | 1.4% | £234,989 |
| April 2011 | -2.2% | £231,701 |
| April 2010 | 7.3% | £236,919 |
| April 2009 | -14% | £220,820 |
| April 2008 | 0.6% | £256,838 |
| April 2007 | 0% | £255,400 |
Rental Market Trendsin RG7 1LE
The current average rental value in the postcode is £1,365.
The RG7 1LE Rental Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,365pcm |
| April 2025 | 2.6% | £1,337pcm |
| April 2024 | 8% | £1,304pcm |
| April 2023 | 10.9% | £1,207pcm |
| April 2022 | 7.9% | £1,088pcm |
| April 2021 | 3.4% | £1,008pcm |
| April 2020 | -0.1% | £975pcm |
| April 2019 | 1% | £976pcm |
| April 2018 | -1.6% | £967pcm |
| April 2017 | -0.9% | £983pcm |
| April 2016 | 5.6% | £992pcm |
| April 2015 | 6.3% | £940pcm |
| April 2014 | 5.9% | £884pcm |
| April 2013 | 4.2% | £835pcm |
| April 2012 | 4.1% | £801pcm |
| April 2011 | 2.9% | £769pcm |
| April 2010 | 1.2% | £748pcm |
| April 2009 | -9.7% | £738pcm |
| April 2008 | 4.2% | £818pcm |
| April 2007 | 0% | £785pcm |
Explore Buildingsin RG7 1LE, Mereoak Lane, Grazeley, Reading, RG7
- Gravelley Bridge Cottages, Mereoak Lane, Grazeley, Reading, RG7Building 4 units
Sales Historyin RG7 1LE
The last sale was on 6th October 2021 for £300,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 3 sales since 1995.
RG7 1LE has seen no sales in the last three years and no sales in the last twelve months.
Sold Oct 2021£300,000 | 3 Bed HouseMereoak Lane2 Gravelley Bridge Cottages, Mereoak Lane, Reading, RG7 1LE
Sold Mar 2019£240,000 | 2 Bed HouseMereoak Lane4 Gravelley Bridge Cottages, Mereoak Lane, Reading, RG7 1LE
Sold Jan 2016£200,000 | 2 Bed HouseMereoak Lane4 Gravelley Bridge Cottages, Mereoak Lane, Reading, RG7 1LE
Nearby Postcodesto RG7 1LE
RG7 1LE is the 474th largest and the 275th most expensive postcode out of the 1,423 postcodes in the RG7 area.
- 384 mRG7 1LD, Church Lane, Grazeley, Reading, RG7RG7 1LD4 Addresses
- 481 mRG7 1LB, Mereoak Lane, Grazeley, Reading, RG7RG7 1LB2 Addresses
- 543 mRG7 1LA, Mortimer Road, Grazeley, Reading, RG7RG7 1LA6 Addresses
- 544 mRG7 1LG, Grazeley Green Road, Grazeley, Reading, RG7RG7 1LG7 Addresses
- 607 mRG7 1JY, Mereoak Lane, Grazeley, Reading, RG7RG7 1JY2 Addresses
- 607 mRG7 1JZ, Mereoak Lane, Grazeley, Reading, RG7RG7 1JZ2 Addresses
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Property Typesin RG7 1LE
- 4 flats of an unknown age
- flat (4)
Energy Efficiencyof properties in RG7 1LE
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Mereoak Lane
Schools Nearbyto RG7 1LE
The nearest primary school to RG7 1LE is Grazeley Church of England Primary School which is 508 metres away.
- 508mGrazeley Church of England Primary School
- 1.9kmLambs Lane Primary School
- 2.5kmAlder Grove Church of England Primary School
The nearest secondary school is Oakbank School which is 1.9 kilometres away.
- 1.9kmOakbank School
- 3.5kmHartland High School
- 4.5kmReading Girls' School
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Public Transport Nearbyto RG7 1LE
The closest station to RG7 1LE is Reading Green Park station which is 3.0 kilometres away.
- 3.0kmReading Green Park
- 4.4kmMortimer
- 6.1kmReading West
- 6.6kmReading
