Housing Market Analysis for PROSPECT STREET, RG1 7TR

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

Overview of Sold House prices

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

Flat
- The average price is around £121,673 median price is £127,000 Standard Deviation is £55,753 with Total Sold: 62
- The Last 5 Year average price is £187,375 with Total Sold: 14
- The most recent sale happened at this postcode is 4, TETBURY COURT PROSPECT STREET: £227,500 (Sold on 27 Mar 2023)
- The first recorded sale happened at this postcode is 31, TETBURY COURT PROSPECT STREET: £192,500 (Sold on 03 May 2024)
Terraced
- The average price is around £113,000 median price is £113,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 8, TETBURY COURT PROSPECT STREET: £113,000 (Sold on 26 Apr 2002)
- The first recorded sale happened at this postcode is 8, TETBURY COURT PROSPECT STREET: £113,000 (Sold on 26 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average RG1 7TR 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
2023	£221,250	£3,626	2
2022	£215,062	£3,299	4
2021	£120,000	£2,069	1
2019	£186,000	£3,053	3
2016	£221,500	£3,631	1
2015	£167,500	£2,901	2
2014	£142,250	£2,443	2
2012	£145,126	£2,213	4
2011	£101,000	£1,957	3
2008	£115,000	£2,805	1
2006	£140,900	£2,269	5
2005	£136,000	£2,230	1
2004	£127,375	£2,434	4
2003	£119,000	£1,957	3
2002	£125,500	£2,026	2
2001	£82,167	£1,367	3
1999	£62,250	£1,031	6
1998	£54,333	£901	3
1997	£51,667	£781	3
1996	£35,503	£581	3
1995	£39,225	£676	2
2024	£160,625	£3,131	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£113,000	£1,760	1

All the Sales in the PROSPECT STREET, RG1 7TR

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

Address	Sold Date	Price	% Change
4, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1967-1975	27 Mar 2023	£227,500	35.42%
	18 Oct 2019	£168,000	First Sale
11, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	13 Jan 2023	£215,000	4.88%
	05 Apr 2019	£205,000	28.53%
	09 May 2014	£159,500	8.50%
	06 Nov 2006	£147,000	17.60%
	29 Jul 2002	£125,000	108.33%
	20 Jan 1999	£60,000	First Sale
28, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 79 Sq.mtrAge: 1967-1975	26 Oct 2022	£248,000	58.97%
	23 Mar 2012	£156,000	160.00%
	12 Dec 1997	£60,000	First Sale
36, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-1966	26 Aug 2022	£214,000	-3.39%
	14 Apr 2016	£221,500	62.87%
	18 Feb 2005	£136,000	138.60%
	05 Oct 1998	£57,000	First Sale
18, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 62.6 Sq.mtrAge: 1950-1966	31 May 2022	£200,000	42.86%
	20 Apr 2012	£140,000	-4.76%
	09 Jun 2006	£147,000	267.96%
	24 Aug 1995	£39,950	First Sale
32, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 59.09 Sq.mtrAge: 1950-1966	06 May 2022	£198,250	127.87%
	29 Mar 2001	£87,000	First Sale
15, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 58 Sq.mtrAge: 1950-1966	25 Feb 2021	£120,000	-13.04%
	01 Apr 2004	£138,000	35.29%
	19 Aug 2003	£102,001	First Sale
14, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	16 Oct 2019	£185,000	42.31%
	17 Mar 2006	£130,000	5.69%
	06 Oct 2003	£123,000	167.39%
	22 Oct 1997	£46,000	First Sale
1, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-1966	07 Apr 2015	£167,000	333.77%
	13 Oct 1995	£38,500	First Sale
20, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	17 Mar 2015	£168,000	87.71%
	06 Jul 2001	£89,500	First Sale
33, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 56.09 Sq.mtrAge: 1967-1975	18 Jul 2014	£125,000	-2.34%
	27 Aug 2004	£128,000	122.61%
	24 May 1999	£57,500	12.75%
	23 Mar 1998	£51,000	First Sale
17, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 64 Sq.mtrAge: 1950-1966	30 Nov 2012	£136,000	-2.86%
	02 May 2006	£140,000	11.11%
	13 Dec 2002	£126,000	129.09%
	08 May 1998	£55,000	First Sale
2, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-1966	31 Jul 2012	£148,503	First Sale
9, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 59.08 Sq.mtrAge: 1950-1966	12 Aug 2011	£105,000	-43.24%
	14 Mar 2024	£185,000	First Sale
24, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 48.35 Sq.mtr	01 Jul 2011	£99,000	0.0
	01 Jul 2011	£99,000	First Sale
25, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 41 Sq.mtrAge: 1967-1975	07 Apr 2008	£115,000	First Sale
21, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	03 Nov 2006	£140,500	6.44%
	19 Dec 2003	£132,000	First Sale
23, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 37 Sq.mtrAge: 1976-1982	01 Oct 2004	£100,000	-23.08%
	16 Sep 2024	£130,000	First Sale
12, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 60.45 Sq.mtrAge: 1950-1966	20 Aug 2004	£143,500	120.77%
	12 Jul 1999	£65,000	60.49%
	20 Dec 1996	£40,500	First Sale
8, TETBURY COURT PROSPECT STREETTerraced, LeaseholdArea: 64.19 Sq.mtrAge: 1967-1975	26 Apr 2002	£113,000	First Sale
3, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 59 Sq.mtrAge: 1976-1982	16 Oct 2001	£70,000	First Sale
34, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 60.805 Sq.mtrAge: 1950-1966	15 Oct 1999	£68,000	First Sale
22, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 62 Sq.mtrAge: 1950-1966	07 May 1999	£64,000	82.80%
	26 Feb 1996	£35,010	First Sale
19, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	18 Mar 1999	£59,000	First Sale
30, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 59.15 Sq.mtrAge: 1950-1966	29 Apr 1997	£49,000	First Sale
10, TETBURY COURT PROSPECT STREETFlat, LeaseholdArea: 61 Sq.mtrAge: 1967-1975	12 Jan 1996	£31,000	First Sale
26, TETBURY COURT PROSPECT STREETFlat, Leasehold	09 Feb 2024	£135,000	First Sale
31, TETBURY COURT PROSPECT STREETFlat, Leasehold	03 May 2024	£192,500	First Sale

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

PROSPECT STREET, RG1 7TR Near By properties

Interactive Map

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

Flat
- The average price is around £135,085 median price is £128,500 Standard Deviation is £65,788 with Total Sold: 3,461
- The Last 5 Year average price is £200,660 with Total Sold: 471
- 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 45, JOSEPHINE COURT SOUTHCOTE ROAD: £30,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £237,222 median price is £205,000 Standard Deviation is £151,771 with Total Sold: 602
- The Last 5 Year average price is £411,638 with Total Sold: 70
- The most recent sale happened at this postcode is , 4 PORTWAY CLOSE: £450,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 30 LORNE STREET: £80,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £191,418 median price is £170,000 Standard Deviation is £119,335 with Total Sold: 2,675
- The Last 5 Year average price is £339,532 with Total Sold: 358
- 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)
Detached
- The average price is around £356,250 median price is £327,500 Standard Deviation is £201,317 with Total Sold: 239
- The Last 5 Year average price is £592,308 with Total Sold: 39
- The most recent sale happened at this postcode is , 107 CONNAUGHT ROAD: £735,000 (Sold on 01 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 1, 4 COLEY HILL: £63,500 (Sold on 04 Jan 1995)
Other
- The average price is around £682,114 median price is £338,350 Standard Deviation is £1,460,850 with Total Sold: 80
- The Last 5 Year average price is £900,728 with Total Sold: 43
- 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 , 64 TILEHURST ROAD: £600,000 (Sold on 16 Dec 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£201,499	£3,898	35
2023	£205,765	£3,628	93
2022	£214,480	£3,788	96
2021	£197,301	£3,604	99
2020	£186,642	£3,463	76
2019	£194,645	£3,561	72
2018	£204,927	£3,760	75
2017	£226,741	£3,803	90
2016	£203,538	£3,880	112
2015	£185,876	£3,346	144
2014	£163,072	£2,965	149
2013	£141,102	£2,481	62
2012	£130,402	£2,437	64
2011	£140,482	£2,672	50
2010	£154,260	£2,799	58
2009	£149,239	£2,401	69
2008	£167,239	£2,961	102
2007	£147,887	£2,901	199
2006	£139,069	£2,626	170
2005	£146,550	£2,540	149
2004	£134,251	£2,533	176
2003	£119,259	£2,356	150
2002	£121,222	£2,286	137
2001	£99,784	£2,000	186
2000	£84,275	£1,579	154
1999	£67,430	£1,260	203
1998	£60,514	£1,060	177
1997	£48,456	£918	134
1996	£42,006	£761	99
1995	£41,229	£737	81

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,833		6
2023	£431,000	£4,024	13
2022	£453,056	£3,969	18
2021	£379,227	£3,880	11
2020	£394,667	£3,720	9
2019	£388,319	£3,429	13
2018	£432,955	£3,842	11
2017	£416,156	£4,023	16
2016	£417,342	£3,718	13
2015	£477,094	£4,598	16
2014	£361,733	£2,939	15
2013	£338,869	£2,460	18
2012	£263,900	£2,557	10
2011	£233,364	£2,206	11
2010	£236,922	£2,317	15
2009	£240,097	£2,180	15
2008	£230,761	£2,343	19
2007	£259,207	£2,566	28
2006	£235,522	£2,404	34
2005	£231,667	£2,057	23
2004	£202,244	£2,521	34
2003	£196,339	£2,724	22
2002	£214,545	£2,066	28
2001	£175,266	£2,047	28
2000	£152,471	£1,409	31
1999	£132,439	£1,300	27
1998	£103,038	£799	24
1997	£82,608	£811	38
1996	£81,787	£806	24
1995	£83,133	£682	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£333,790	£3,583	30
2023	£364,315	£4,413	68
2022	£340,075	£4,158	61
2021	£319,265	£3,674	96
2020	£335,023	£3,547	41
2019	£348,959	£3,651	62
2018	£312,738	£3,709	53
2017	£309,266	£3,763	63
2016	£336,281	£3,664	85
2015	£310,649	£3,308	129
2014	£260,482	£2,815	73
2013	£200,978	£2,381	80
2012	£203,962	£2,352	62
2011	£189,072	£2,213	62
2010	£193,395	£2,276	52
2009	£179,085	£2,274	59
2008	£222,782	£2,431	58
2007	£220,694	£2,777	102
2006	£195,900	£2,308	106
2005	£179,664	£2,100	102
2004	£175,703	£2,058	113
2003	£165,770	£2,181	118
2002	£159,568	£1,966	114
2001	£119,224	£1,536	161
2000	£116,622	£1,441	126
1999	£82,609	£1,073	137
1998	£74,564	£876	117
1997	£62,363	£760	125
1996	£53,530	£689	116
1995	£54,081	£584	104

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£587,500	£1,384	2
2023	£634,286	£4,811	7
2022	£758,501	£4,241	11
2021	£507,111	£4,685	9
2020	£505,000	£4,439	3
2019	£437,500	£4,655	7
2018	£518,688	£3,714	8
2017	£460,625	£4,061	4
2016	£561,000	£4,888	6
2015	£450,714	£3,794	7
2014	£387,167	£3,391	6
2013	£389,375	£3,542	4
2012	£392,500	£2,378	6
2011	£392,000	£2,164	5
2010	£336,323	£2,482	7
2009	£278,000	£2,210	4
2008	£450,000	£2,437	5
2007	£430,996	£4,973	13
2006	£363,779	£2,605	14
2005	£288,878	£2,068	9
2004	£348,286	£3,678	14
2003	£257,550	£2,331	10
2002	£295,767	£2,676	9
2001	£229,511	£2,065	15
2000	£265,500	£2,235	7
1999	£166,619	£1,301	8
1998	£151,589	£906	16
1997	£150,323	£884	15
1996	£112,875	£898	4
1995	£111,000		4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£700,000		1
2023	£407,636	£1,978	11
2022	£1,282,500	£4,011	8
2021	£350,957	£4,325	7
2020	£912,373	£7,636	7
2019	£1,604,889	£5,189	9
2018	£250,667	£3,437	12
2017	£471,790	£2,964	14
2016	£569,418	£6,351	9
2015	£500,000		1
2014	£600,000		1

House Type in RG1 7TR area

The most common house types in the RG1 7TR postcode area are Flat (64), Semi-detached (35), and Detached (7).

Total	114
Flat	64
Semi-detached	35
Detached	7
Terraced	3
converted building	3
Shared house	2
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (34), and Private rented: Private landlord or letting agency (28).

Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	28
Owned: Owns outright	21
Social rented: Other social rented	17
Shared ownership: Shared ownership	11
Private rented: Other private rented	1
Lives rent free	1
Does not apply	0
Social rented: Rents from council or Local Authority	0

Number of People in a Household

The most houses in the RG1 7TR have 2 people in household (41), and 1 person in household (25).

2 people in household	41
1 person in household	25
3 people in household	21
4 people in household	16
5 people in household	9
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0