RG1 7LY house prices
RG1 7LY has an average sold price of £195,864 across 129 HM Land Registry transactions.
RG1 7LY decision snapshot
RG1 7LY has 129 HM Land Registry sales, a median sold price of £197,256 and an average sold price of £195,864. Use the recent transactions and nearby postcode comparisons before treating the average as a guide.
- Average sold price
- £195,864
- Mean of registered sold prices in this postcode.
- Median sold price
- £197,256
- Often a better guide when outliers affect the average.
- Transactions
- 129
- HM Land Registry records used for this postcode.
- 5-year movement
- +21.5%
- Historical sold-price movement, not a valuation.
RG1 7LY House Prices Overview
RG1 7LY is a more affordable market, with average prices 51% below the national average with modest five-year growth of +21.5%, tracking just below the national trend. The close alignment of median and average prices indicates a relatively uniform market without extreme high-value outliers. Based on 129 registered HM Land Registry transactions across 7 years of data, these figures reflect actual completed sales rather than asking prices. Five-year growth compares average prices over 12-month windows; the most recent months may be slightly incomplete due to registration lag (sales can take 2–6 months to appear in the Land Registry).
Frequently Asked Questions
Why is my postcode missing?
A postcode may be missing when it has no recorded sales or too few registered HM Land Registry transactions to publish a useful page. Very recent completions can also be absent until registration and the next monthly data refresh.
How is the average price for this postcode calculated?
The average is the mean of registered residential sale prices available for this postcode in the Land Registry data. It is based on sold prices, not current valuations.
Are these asking prices?
No. These are completed sold prices recorded by HM Land Registry. They are not estate-agent asking prices, live listings or automated valuations.
Can I use this as a valuation?
No. The page is a research summary of historical sold prices. Use it to understand local evidence, then compare property condition, size, tenure, transaction type and professional valuation advice before making a decision.
Why can small postcode samples look unusual?
Some postcodes have only a small number of recorded sales. A few high or low value transactions can move the average, so the transaction count should be read alongside the price.
Property valuation guide
Estimate a property value in RG1 7LY
Professional valuers use recent sold prices as comparable evidence. In RG1 7LY, the median sold price is £197,256 and the average is £195,864, based on 129 HM Land Registry transactions. Over five years, prices have moved +21.5%, which affects how comparables from earlier years should be weighted.
These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.
RG1 7LY prices rose +21.5% over 5 yearsⓘ, above the national average of +18.0%.
RG1 area price trends
Yearly trend data is shown at postcode district level to keep the sample size reliable.
Recent Transactions
| Date ↓ | Price ↕ | Type | Address |
|---|---|---|---|
| 2023-11-01 | £319,000 | Flat | FLAT 1108, HEWITT, 40, ALFRED STREET |
| 2021-01-02 | £330,000 | Other | FLAT 1201, HEWITT, 40, ALFRED STREET |
| 2019-10-07 | £347,500 | Flat | FLAT 1703, HEWITT, 40, ALFRED STREET |
| 2018-10-08 | £262,500 | Flat | FLAT 1606, HEWITT, 40, ALFRED STREET |
| 2017-09-15 | £265,000 | Flat | FLAT 1704, HEWITT, 40, ALFRED STREET |
| 2017-03-17 | £265,000 | Flat | FLAT 1702, HEWITT, 40, ALFRED STREET |
| 2016-10-13 | £164,145 | Flat | FLAT 1202, HEWITT, 40, ALFRED STREET |
| 2016-10-13 | £153,403 | Flat | FLAT 1205, HEWITT, 40, ALFRED STREET |
| 2016-08-25 | £353,000 | Flat | FLAT 1608, HEWITT, 40, ALFRED STREET |
| 2016-07-25 | £267,000 | Flat | FLAT 1705, HEWITT, 40, ALFRED STREET |
| 2016-04-15 | £269,950 | Flat | FLAT 1204, HEWITT, 40, ALFRED STREET |
| 2016-03-31 | £181,912 | Flat | FLAT 1706, HEWITT, 40, ALFRED STREET |
| 2016-03-31 | £180,000 | Flat | FLAT 1106, HEWITT, 40, ALFRED STREET |
| 2016-03-31 | £253,987 | Flat | FLAT 1603, HEWITT, 40, ALFRED STREET |
| 2016-03-31 | £165,750 | Flat | FLAT 1604, HEWITT, 40, ALFRED STREET |
| 2016-03-31 | £238,218 | Flat | FLAT 1707, HEWITT, 40, ALFRED STREET |
| 2016-03-31 | £242,586 | Flat | FLAT 1701, HEWITT, 40, ALFRED STREET |
| 2016-03-30 | £233,120 | Flat | FLAT 1301, HEWITT, 40, ALFRED STREET |
| 2016-03-30 | £235,470 | Flat | FLAT 1408, HEWITT, 40, ALFRED STREET |
| 2016-03-30 | £241,110 | Flat | FLAT 1403, HEWITT, 40, ALFRED STREET |
Showing 20 of 20 transactions
Market insights
Median vs average
£1,392 above avg
Median price is higher than the average, suggesting lower-value sales pull the mean down.
Sales pace
18 / year
Based on 129 sales over 7 active years.
Recent sale range
£153,403 to £353,000
Latest listed sale: 2023-11-01.
Trimmed mean
£246,913
10% tail-trimmed mean based on the recent transaction sample, useful when unusually low or high sales distort the average.
Sample quality
Consistent sample
Median and average prices are not showing a strong outlier signal in the recent sample.
Nearby postcodes
RG1 5BG
Closest comparison shown at £157,173.
Location
Postcodes in READING
Data and methodology
Sold price statistics are calculated from HM Land Registry Price Paid Data and grouped by postcode, town, street or district. The records shown for RG1 7LY are based on available HM Land Registry sale records. Figures are historical sold prices, not a property valuation, and may exclude transactions that have not yet been registered or records with incomplete location data.
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