Housing Market Analysis for PROSPECT STREET, RG1 7NN

Are you looking to understand RG1 7NN 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 7NN area, explore the RG1 7NN Area information page.
For comprehensive crime statistics in the RG1 7NN area, explore the RG1 7NN Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £202,625 median price is £219,250 Standard Deviation is £30,369 with Total Sold: 8
    • The Last 5 Year average price is £202,625 with Total Sold: 8
    • The most recent sale happened at this postcode is FLAT 1, 4 PROSPECT MEWS: £230,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is FLAT 6, 4 PROSPECT MEWS: £165,000 (Sold on 15 Feb 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average RG1 7NN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,0001
2023£162,5001
2019£204,750 £5,414 6

All the Sales in the PROSPECT STREET, RG1 7NN

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

AddressSold DatePrice% Change
FLAT 1, 4 PROSPECT MEWSFlat, Leasehold31 May 2024£230,0000.0
22 Mar 2019£230,000First Sale
5 PROSPECT MEWS PROSPECT STREETFlat, Leasehold03 Feb 2023£162,500-1.52%
22 Mar 2019£165,000First Sale
FLAT 4, 4 PROSPECT MEWSFlat, LeaseholdArea: 43 Sq.mtr10 Oct 2019£211,000First Sale
FLAT 3, 4 PROSPECT MEWSFlat, LeaseholdArea: 43 Sq.mtr29 Mar 2019£227,500First Sale
FLAT 2, 4 PROSPECT MEWSFlat, LeaseholdArea: 43 Sq.mtr22 Mar 2019£230,000First Sale
FLAT 6, 4 PROSPECT MEWSFlat, LeaseholdArea: 27 Sq.mtr15 Feb 2019£165,000First Sale

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

PROSPECT STREET, RG1 7NN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG1 7NN 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 7NN postcode.

  • Flat
    • The average price is around £155,283 median price is £152,000 Standard Deviation is £69,809 with Total Sold: 3,119
    • The Last 5 Year average price is £201,015 with Total Sold: 331
    • The most recent sale happened at this postcode is 23, TETBURY COURT PROSPECT STREET: £130,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 1, 10 RUSSELL STREET: £34,500 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £182,646 median price is £165,000 Standard Deviation is £112,833 with Total Sold: 2,064
    • The Last 5 Year average price is £336,504 with Total Sold: 267
    • The most recent sale happened at this postcode is , 21 CANNON STREET: £300,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 LORNE STREET: £46,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £219,052 median price is £187,500 Standard Deviation is £144,092 with Total Sold: 364
    • The Last 5 Year average price is £411,940 with Total Sold: 45
    • The most recent sale happened at this postcode is , 2 JAMES STREET: £280,000 (Sold on 10 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 £1,648,527 median price is £452,500 Standard Deviation is £3,542,058 with Total Sold: 112
    • The Last 5 Year average price is £1,209,942 with Total Sold: 59
    • The most recent sale happened at this postcode is , BELLE VUE HOUSE HOTEL, 2 TILEHURST ROAD: £700,000 (Sold on 15 Feb 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 £310,255 median price is £315,000 Standard Deviation is £161,390 with Total Sold: 95
    • The Last 5 Year average price is £443,100 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 , BRUSWICK HOUSE, 13 BRUNSWICK HILL: £135,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,671 £4,191 29
2023£219,034 £3,993 72
2022£199,490 £3,810 61
2021£184,221 £3,600 53
2020£185,498 £3,508 49
2019£209,119 £4,041 67
2018£233,366 £4,534 100
2017£247,019 £4,268 91
2016£225,089 £4,512 266
2015£178,839 £3,359 288
2014£159,236 £3,121 128
2013£167,613 £2,796 82
2012£152,336 £2,611 57
2011£156,182 £2,925 46
2010£164,308 £2,810 89
2009£175,326 £2,783 188
2008£153,482 £2,924 65
2007£155,522 £3,200 176
2006£140,196 £2,793 111
2005£131,990 £2,701 92
2004£142,895 £2,781 150
2003£140,417 £2,760 148
2002£126,951 £2,487 106
2001£101,843 £2,044 117
2000£89,336 £1,706 120
1999£63,845 £1,261 124
1998£56,399 £1,147 77
1997£47,210 £923 76
1996£41,357 £764 52
1995£42,572 £766 39
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£334,828 £3,750 25
2023£376,561 £4,501 48
2022£326,078 £4,053 51
2021£318,993 £3,631 71
2020£320,676 £3,384 34
2019£347,880 £3,694 38
2018£303,211 £3,518 42
2017£315,159 £3,554 42
2016£315,886 £3,537 57
2015£273,177 £2,986 76
2014£257,859 £2,658 57
2013£189,616 £2,220 58
2012£208,493 £2,265 41
2011£178,679 £2,109 50
2010£183,374 £2,263 35
2009£172,778 £2,269 37
2008£222,464 £2,424 45
2007£221,093 £2,734 80
2006£202,563 £2,262 80
2005£180,070 £2,122 79
2004£174,248 £1,990 89
2003£169,390 £2,210 92
2002£156,985 £1,919 107
2001£119,217 £1,534 133
2000£115,824 £1,452 110
1999£81,539 £1,085 112
1998£76,477 £857 89
1997£60,866 £740 98
1996£52,419 £661 98
1995£52,804 £548 90
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,5004
2023£387,333 £3,948 6
2022£471,593 £3,937 14
2021£357,875 £3,709 8
2020£413,857 £3,628 7
2019£378,167 £3,654 6
2018£381,167 £3,838 6
2017£381,875 £4,116 8
2016£366,158 £3,739 6
2015£451,429 £6,171 7
2014£303,643 £2,728 7
2013£332,183 £2,524 9
2012£248,500 £2,213 6
2011£210,583 £2,135 6
2010£223,578 £2,256 10
2009£197,500 £1,979 4
2008£216,768 £2,339 11
2007£257,082 £2,637 17
2006£222,338 £2,460 21
2005£209,965 £2,039 20
2004£188,670 £2,654 20
2003£176,397 £2,812 17
2002£192,074 £2,167 19
2001£168,712 £2,205 16
2000£139,876 £1,525 21
1999£125,702 £1,309 21
1998£92,376 £1,064 17
1997£76,710 £800 25
1996£72,034 £739 10
1995£71,567 £713 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£700,0001
2023£845,768 £22,987 20
2022£1,356,4297
2021£1,635,268 £4,642 10
2020£955,290 £7,636 9
2019£1,610,496 £3,597 12
2018£797,120 £2,802 15
2017£4,285,428 £2,296 21
2016£405,222 £11,010 9
2015£875,1355
2014£150,0001
2013£3,100,0001
2012£25,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,000 £1,384 1
2023£630,000 £5,431 1
2022£522,500 £4,177 2
2021£436,500 £4,851 6
2020£370,000 £4,568 1
2019£385,625 £5,097 4
2018£419,000 £3,712 2
2017£396,0001
2016£515,833 £3,051 3
2015£550,000 £3,316 2
2014£385,000 £4,705 2
2013£318,750 £3,481 2
2012£347,500 £2,124 2
2011£175,000 £1,500 2
2010£315,500 £2,397 2
2009£175,000 £1,925 1
2008£422,500 £1,709 2
2007£411,000 £10,263 8
2006£232,590 £2,175 5
2005£293,650 £2,172 3
2004£345,750 £4,912 6
2003£248,625 £2,279 4
2002£495,000 £2,087 2
2001£215,953 £1,395 7
2000£277,750 £2,090 4
1999£133,000 £1,339 2
1998£198,288 £738 6
1997£129,425 £839 8
1996£78,750 £473 2
1995£90,2502

House Type in RG1 7NN area

The most common house types in the RG1 7NN postcode area are Flat (92), Shared house (40), and Detached (1).

Total137
Flat92
Shared house40
Detached1
Semi-detached1
Terraced1
commercial building1
temporary structure1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (87), and Social rented: Rents from council or Local Authority (18).

Private rented: Private landlord or letting agency87
Social rented: Rents from council or Local Authority18
Owned: Owns with a mortgage or loan12
Social rented: Other social rented10
Owned: Owns outright6
Shared ownership: Shared ownership4
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RG1 7NN have 1 person in household (73), and 2 people in household (38).

1 person in household73
2 people in household38
3 people in household13
4 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0