Housing Market Analysis for CHEAPSIDE, RG1 7AB

Are you looking to understand RG1 7AB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reading postcode.

For the location information and nearby amenities in the RG1 7AB area, explore the RG1 7AB Area information page.
For comprehensive crime statistics in the RG1 7AB area, explore the RG1 7AB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG1 7AB postcode area, The average prices are as follows,

Flat
- The average price is around £208,357 median price is £200,000 Standard Deviation is £42,560 with Total Sold: 49
- The Last 5 Year average price is £262,200 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 21, THE PICTURE HOUSE CHEAPSIDE: £196,000 (Sold on 23 Sep 2022)
- The first recorded sale happened at this postcode is FLAT 3, THE PICTURE HOUSE CHEAPSIDE: £162,450 (Sold on 26 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average RG1 7AB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£231,500	£3,662	2
2020	£282,667	£4,484	3
2018	£232,667	£4,239	3
2017	£230,000	£4,784	2
2016	£256,250	£4,481	2
2014	£195,000	£3,716	2
2013	£153,000	£3,298	1
2011	£185,000	£2,891	1
2010	£190,000	£3,140	1
2008	£205,875	£3,094	2
2007	£222,250	£3,096	4
2006	£183,750	£3,364	2
2005	£203,000	£2,819	1
2004	£204,975	£3,254	8
2003	£186,597	£3,200	15

All the Sales in the CHEAPSIDE, RG1 7AB

See the table below for more details on the sold house prices in the RG1 7AB, Reading postcode.

Address	Sold Date	Price	% Change
FLAT 21, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	23 Sep 2022	£196,000	-2.00%
	22 Oct 2018	£200,000	24.30%
	19 Dec 2003	£160,900	First Sale
FLAT 8, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 80.34 Sq.mtrAge: 2003-2006	18 Feb 2022	£267,000	-5.65%
	21 Sep 2018	£283,000	24.12%
	02 Apr 2007	£228,000	-28.75%
	30 Mar 2007	£320,000	54.25%
	03 Oct 2003	£207,450	First Sale
FLAT 17, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 48.55 Sq.mtrAge: 1996-2002	26 Nov 2020	£225,000	1.35%
	03 Nov 2017	£222,000	32.54%
	28 Feb 2006	£167,500	3.11%
	01 Dec 2003	£162,450	First Sale
FLAT 24, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	06 Mar 2020	£380,000	56.41%
	19 Mar 2004	£242,950	First Sale
FLAT 1, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 64.78 Sq.mtrAge: 2003-2006	03 Jan 2020	£243,000	38.07%
	09 Oct 2007	£176,000	-6.13%
	14 Nov 2003	£187,500	First Sale
FLAT 20, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 42.05 Sq.mtrAge: 1996-2002	31 Oct 2018	£215,000	32.35%
	19 Dec 2003	£162,450	First Sale
FLAT 16, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 47.648 Sq.mtrAge: 2003-2006	09 May 2017	£238,000	16.10%
	18 Dec 2014	£205,000	24.24%
	08 Dec 2003	£165,000	First Sale
FLAT 3, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 46.39 Sq.mtrAge: 2003-2006	30 Nov 2016	£220,000	43.79%
	12 Apr 2013	£153,000	-5.82%
	26 Sep 2003	£162,450	First Sale
FLAT 11, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 69.31 Sq.mtrAge: 2003-2006	07 Oct 2016	£292,500	41.00%
	03 Oct 2003	£207,450	First Sale
FLAT 10, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 59.13 Sq.mtrAge: 2003-2006	24 Jan 2014	£185,000	0.54%
	01 Dec 2003	£184,000	First Sale
FLAT 4, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	10 Mar 2011	£185,000	-10.82%
	03 Oct 2003	£207,450	First Sale
FLAT 19, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 60.51 Sq.mtrAge: 2003-2006	27 Aug 2010	£190,000	-6.15%
	22 Dec 2003	£202,450	First Sale
FLAT 18, THE PICTURE HOUSE CHEAPSIDEFlat, Leasehold	30 May 2008	£189,000	-2.83%
FLAT 18, THE PICTURE HOUSE CHEAPSIDEFlat, Leasehold	03 Feb 2004	£194,500	First Sale
FLAT 12, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 72 Sq.mtrAge: 1996-2002	29 Feb 2008	£222,750	9.73%
	30 Sep 2005	£203,000	-4.45%
	15 Oct 2003	£212,450	First Sale
FLAT 9, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 58 Sq.mtrAge: 2003-2006	12 Oct 2007	£165,000	-12.00%
	18 Mar 2004	£187,500	First Sale
FLAT 22, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	16 Oct 2006	£200,000	3.92%
	25 Mar 2004	£192,450	First Sale
FLAT 2, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 60.91 Sq.mtrAge: 2003-2006	18 Jun 2004	£199,950	First Sale
FLAT 23, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 71.6 Sq.mtrAge: 2003-2006	02 Apr 2004	£249,950	First Sale
FLAT 15, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 64 Sq.mtrAge: 2003-2006	26 Mar 2004	£180,000	First Sale
FLAT 5, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 54 Sq.mtrAge: 2007 onwards	25 Mar 2004	£192,500	First Sale
FLAT 14, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 55.93 Sq.mtrAge: 2003-2006	19 Dec 2003	£180,000	First Sale
FLAT 6, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-2006	26 Nov 2003	£189,500	First Sale
FLAT 7, THE PICTURE HOUSE CHEAPSIDEFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-2002	03 Oct 2003	£207,450	First Sale

Check out the sold house prices near the RG1 7AB postcode. Properties currently for saleProperties currently for rent

CHEAPSIDE, RG1 7AB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG1 7AB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RG1 7AB postcode.

Terraced
- The average price is around £200,086 median price is £173,975 Standard Deviation is £138,831 with Total Sold: 1,198
- The Last 5 Year average price is £364,417 with Total Sold: 160
- The most recent sale happened at this postcode is , 26 WILLIAM STREET: £387,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 23 CARDIFF ROAD: £33,000 (Sold on 19 Jan 1995)
Flat
- The average price is around £171,125 median price is £165,000 Standard Deviation is £78,999 with Total Sold: 3,613
- The Last 5 Year average price is £219,842 with Total Sold: 370
- The most recent sale happened at this postcode is 27, MCILROYS BUILDING OXFORD ROAD: £165,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 1, 10 RUSSELL STREET: £34,500 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £219,979 median price is £179,950 Standard Deviation is £225,642 with Total Sold: 219
- The Last 5 Year average price is £397,800 with Total Sold: 26
- The most recent sale happened at this postcode is , 47 PHILLIPS DRIVE: £410,000 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 159 GREAT KNOLLYS STREET: £46,500 (Sold on 09 Jan 1995)
Other
- The average price is around £3,770,615 median price is £730,000 Standard Deviation is £10,400,255 with Total Sold: 241
- The Last 5 Year average price is £2,260,396 with Total Sold: 117
- The most recent sale happened at this postcode is , 30 QUEEN VICTORIA STREET: £760,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 55 BROAD STREET MALL: £25,000 (Sold on 04 May 2012)
Detached
- The average price is around £370,632 median price is £335,000 Standard Deviation is £229,614 with Total Sold: 65
- The Last 5 Year average price is £470,933 with Total Sold: 15
- The most recent sale happened at this postcode is , 134 OXFORD ROAD: £440,000 (Sold on 05 Jan 2024)
- The first recorded sale happened at this postcode is , 22 CAREY STREET: £45,500 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£359,769	£3,515	13
2023	£407,734	£4,787	31
2022	£368,625	£4,345	28
2021	£349,064	£3,761	38
2020	£323,224	£3,458	25
2019	£372,937	£3,992	25
2018	£358,402	£3,521	26
2017	£356,291	£3,362	24
2016	£334,935	£3,833	30
2015	£287,943	£3,227	48
2014	£347,028	£2,662	29
2013	£198,274	£2,341	36
2012	£216,427	£2,311	26
2011	£189,638	£1,969	25
2010	£197,230	£2,282	30
2009	£180,824	£2,179	23
2008	£241,786	£2,664	21
2007	£243,174	£2,932	47
2006	£212,181	£2,377	47
2005	£193,158	£2,395	44
2004	£188,567	£2,009	50
2003	£182,816	£2,279	58
2002	£175,168	£2,065	54
2001	£129,958	£1,679	72
2000	£125,304	£1,511	74
1999	£91,155	£1,225	56
1998	£83,661	£920	57
1997	£63,425	£775	44
1996	£53,150	£703	60
1995	£53,703	£586	57

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,692	£4,368	26
2023	£223,536	£4,182	80
2022	£213,035	£4,072	68
2021	£225,031	£4,193	67
2020	£203,534	£4,049	47
2019	£227,670	£4,357	82
2018	£236,684	£4,647	117
2017	£261,953	£4,820	117
2016	£230,124	£5,058	406
2015	£192,654	£3,595	318
2014	£176,936	£3,317	145
2013	£176,896	£3,048	90
2012	£162,275	£2,892	63
2011	£156,612	£2,865	57
2010	£167,407	£2,873	90
2009	£177,895	£2,893	188
2008	£162,957	£3,028	67
2007	£169,494	£3,355	187
2006	£164,380	£3,160	167
2005	£142,021	£2,866	94
2004	£149,553	£2,898	141
2003	£172,093	£3,094	192
2002	£180,443	£3,180	148
2001	£116,176	£2,313	138
2000	£97,676	£1,885	123
1999	£67,392	£1,422	117
1998	£61,802	£1,309	89
1997	£51,106	£1,049	85
1996	£43,973	£823	58
1995	£45,384	£894	46

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£353,000		4
2023	£352,250	£4,188	4
2022	£468,525	£5,095	12
2021	£280,000	£3,111	1
2020	£331,000	£4,269	2
2019	£319,167	£4,009	3
2018	£325,000	£2,338	1
2017	£382,500	£4,016	2
2016	£287,500	£3,448	2
2015	£640,000	£10,055	3
2014	£325,750	£3,250	4
2013	£299,050	£2,815	4
2012	£293,000	£2,261	3
2011	£210,500	£2,274	5
2010	£209,862	£2,150	7
2009	£216,667	£2,066	3
2008	£204,250	£2,250	4
2007	£230,886	£2,696	14
2006	£214,893	£2,672	14
2005	£183,840	£2,101	10
2004	£159,675	£2,100	8
2003	£200,750	£2,115	6
2002	£235,281	£2,195	16
2001	£199,994	£2,440	9
2000	£137,406	£1,675	16
1999	£132,253	£1,337	15
1998	£248,462	£1,276	16
1997	£111,881	£815	13
1996	£60,180	£750	5
1995	£64,785	£699	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£827,288		4
2023	£871,014	£29,406	25
2022	£2,151,934	£21,695	28
2021	£5,421,884	£4,353	26
2020	£652,835		13
2019	£1,412,944	£3,597	21
2018	£8,784,867	£7,707	28
2017	£5,152,156	£1,719	43
2016	£2,420,947	£11,010	19
2015	£1,589,933		17
2014	£7,102,214		14
2013	£2,125,000		2
2012	£25,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000	£1,384	1
2023	£562,500	£4,881	2
2022	£525,000	£5,222	5
2021	£437,800	£5,087	5
2020	£370,000	£4,568	1
2019	£315,000	£4,437	1
2018	£353,000	£3,884	1
2017	£303,500	£4,742	1
2016	£402,500		1
2015	£550,000	£3,316	2
2014	£420,000	£5,387	1
2013	£170,000	£2,931	1
2011	£90,000	£1,500	1
2009	£175,000	£1,925	1
2008	£400,000	£1,709	1
2007	£372,136	£8,003	7
2006	£269,875	£1,967	4
2004	£591,667	£7,609	3
2003	£241,250	£1,713	2
2002	£545,000		2
2001	£220,000	£1,879	7
2000	£590,333		3
1999	£557,500	£829	2
1998	£360,782	£839	4
1997	£140,625	£564	4
1996	£104,000		1
1995	£45,500		1

House Type in RG1 7AB area

The most common house types in the RG1 7AB postcode area are Flat (181), converted building (9), and commercial building (5).

Total	199
Flat	181
converted building	9
commercial building	5
Shared house	2
Detached	1
Terraced	1
Semi-detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (160), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency	160
Owned: Owns with a mortgage or loan	26
Owned: Owns outright	6
Private rented: Other private rented	6
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the RG1 7AB have 2 people in household (80), and 1 person in household (71).

2 people in household	80
1 person in household	71
3 people in household	33
4 people in household	15
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0