RG7 1RR is a residential postcode situated on Pursers Farm, Spencers Wood, Reading, RG7 with 8 addresses.
It ranks as the 780th largest and 40th most expensive of the 1,423 postcodes in the RG7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
RG7 1RR is a residential postcode situated on Pursers Farm, Spencers Wood, Reading, RG7 with 8 addresses.
It ranks as the 780th largest and 40th most expensive of the 1,423 postcodes in the RG7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £221,246 for 2 bedroom Leasehold flats (775 ft2) to £348,744 for 3 bedroom Leasehold flats (990 ft2) .
Monthly rental prices range from £1,079 pcm for 2 bed flats to £1,330 pcm for 3 bed flats.
The gross rental yield is between 4.6% and 5.9%.
The average value per square foot is £285.
The current average value in the postcode is £237,183.
The RG7 1RR Sales Market has decreased by 5.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.5% | £237,183 |
| April 2025 | -2.4% | £245,664 |
| April 2024 | 1.5% | £251,620 |
| April 2023 | 0.1% | £247,844 |
| April 2022 | 2.9% | £247,709 |
| April 2021 | 0.1% | £240,773 |
| April 2020 | -1.9% | £240,496 |
| April 2019 | -0.9% | £245,192 |
| April 2018 | -1.9% | £247,532 |
| April 2017 | 0.1% | £252,431 |
| April 2016 | 15% | £252,154 |
| April 2015 | 12.1% | £219,240 |
| April 2014 | 10.4% | £195,655 |
| April 2013 | 4.2% | £177,165 |
| April 2012 | 1.5% | £170,006 |
| April 2011 | -2.2% | £167,454 |
| April 2010 | 4.7% | £171,166 |
| April 2009 | -13.1% | £163,431 |
| April 2008 | 0.6% | £188,167 |
| April 2007 | 0% | £187,096 |
The current average rental value in the postcode is £1,110.
The RG7 1RR Rental Market has increased by 21.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1% | £1,110pcm |
| April 2025 | 0.2% | £1,099pcm |
| April 2024 | 8.8% | £1,097pcm |
| April 2023 | 9% | £1,008pcm |
| April 2022 | 4.6% | £925pcm |
| April 2021 | 1.1% | £884pcm |
| April 2020 | -0.9% | £875pcm |
| April 2019 | 1.6% | £883pcm |
| April 2018 | -2.5% | £869pcm |
| April 2017 | -2.4% | £891pcm |
| April 2016 | 4% | £913pcm |
| April 2015 | 5.8% | £878pcm |
| April 2014 | 3.8% | £830pcm |
| April 2013 | 3.9% | £800pcm |
| April 2012 | 4.2% | £769pcm |
| April 2011 | 2.9% | £738pcm |
| April 2010 | -1.2% | £717pcm |
| April 2009 | -8.8% | £725pcm |
| April 2008 | 4.2% | £795pcm |
| April 2007 | 0% | £763pcm |
RG7 1RR is the 780th largest and the 40th most expensive postcode out of the 1,423 postcodes in the RG7 area.
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