Housing Market Analysis for MORPETH CLOSE, RG2 7UH

Are you looking to understand RG2 7UH 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 RG2 7UH area, explore the RG2 7UH Area information page.
For comprehensive crime statistics in the RG2 7UH area, explore the RG2 7UH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG2 7UH postcode area, The average prices are as follows,

Terraced
- The average price is around £160,243 median price is £145,750 Standard Deviation is £77,636 with Total Sold: 22
- The Last 5 Year average price is £342,500 with Total Sold: 2
- The most recent sale happened at this postcode is 36 MORPETH CLOSE: £340,000 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is 34 MORPETH CLOSE: £60,000 (Sold on 06 Jun 1997)
Semi-Detached
- The average price is around £153,000 median price is £153,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 12 MORPETH CLOSE: £153,000 (Sold on 07 May 2009)
- The first recorded sale happened at this postcode is 12 MORPETH CLOSE: £153,000 (Sold on 07 May 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average RG2 7UH 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£340,000	£4,658	1
2022	£345,000	£4,312	1
2018	£315,000	£10,500	1
2013	£195,000		1
2011	£179,950	£2,374	1
2009	£180,000	£1,978	1
2006	£163,750		2
2005	£148,000		1
2004	£146,125	£1,501	4
2003	£143,000		1
2002	£129,000	£1,541	2
2001	£114,950		1
2000	£100,500	£1,175	2
1999	£75,500		1
1997	£58,975	£690	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£153,000	£1,594	1

All the Sales in the MORPETH CLOSE, RG2 7UH

See the table below for more details on the sold house prices in the RG2 7UH, Reading postcode.

Address	Sold Date	Price	% Change
36 MORPETH CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	01 Sep 2023	£340,000	First Sale
38 MORPETH CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	30 Sep 2022	£345,000	First Sale
1 MORPETH CLOSETerraced, FreeholdArea: 30 Sq.mtrAge: 1950-1966	16 Feb 2018	£315,000	First Sale
24 MORPETH CLOSETerraced, Freehold	14 Jun 2013	£195,000	First Sale
2 MORPETH CLOSETerraced, FreeholdArea: 75.8 Sq.mtrAge: 1967-1975	14 Jan 2011	£179,950	First Sale
7 MORPETH CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1976-1982	30 Sep 2009	£180,000	42.86%
	22 May 2002	£126,000	First Sale
12 MORPETH CLOSESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	07 May 2009	£153,000	First Sale
6 MORPETH CLOSETerraced, Freehold	15 Jun 2006	£162,500	23.11%
6 MORPETH CLOSETerraced, Freehold	21 Nov 2002	£132,000	First Sale
11 MORPETH CLOSETerraced, Freehold	10 Feb 2006	£165,000	13.79%
11 MORPETH CLOSETerraced, Freehold	06 Feb 2004	£145,000	First Sale
15 MORPETH CLOSETerraced, Freehold	14 Jan 2005	£148,000	First Sale
4 MORPETH CLOSETerraced, FreeholdArea: 116 Sq.mtrAge: 1967-1975	13 Aug 2004	£148,000	First Sale
14 MORPETH CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	01 Mar 2004	£145,000	54.26%
	24 Nov 2000	£94,000	62.21%
	06 Jun 1997	£57,950	First Sale
30 MORPETH CLOSETerraced, Freehold	16 Jan 2004	£146,500	27.45%
30 MORPETH CLOSETerraced, Freehold	17 Sep 2001	£114,950	First Sale
26 MORPETH CLOSETerraced, Freehold	17 Oct 2003	£143,000	89.40%
26 MORPETH CLOSETerraced, Freehold	22 Apr 1999	£75,500	First Sale
28 MORPETH CLOSETerraced, Freehold	18 Aug 2000	£107,000	First Sale
34 MORPETH CLOSETerraced, Freehold	06 Jun 1997	£60,000	First Sale

Check out the sold house prices near the RG2 7UH postcode. Properties currently for saleProperties currently for rent

MORPETH CLOSE, RG2 7UH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG2 7UH 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 RG2 7UH postcode.

Terraced
- The average price is around £194,262 median price is £180,000 Standard Deviation is £97,159 with Total Sold: 875
- The Last 5 Year average price is £328,677 with Total Sold: 127
- The most recent sale happened at this postcode is , 10 HEXHAM ROAD: £331,000 (Sold on 27 Sep 2024)
- The first recorded sale happened at this postcode is , 4 BASINGSTOKE ROAD: £59,950 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £207,896 median price is £189,950 Standard Deviation is £117,706 with Total Sold: 835
- The Last 5 Year average price is £375,638 with Total Sold: 121
- The most recent sale happened at this postcode is , 11 STANHOPE ROAD: £357,250 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 19 SHENSTONE ROAD: £56,750 (Sold on 13 Jan 1995)
Flat
- The average price is around £156,805 median price is £165,000 Standard Deviation is £62,542 with Total Sold: 457
- The Last 5 Year average price is £193,619 with Total Sold: 78
- The most recent sale happened at this postcode is FLAT 18, MILWARD COURT WARWICK ROAD: £90,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is 4, MARSHAW COURT BAMBURGH CLOSE: £36,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £365,214 median price is £350,000 Standard Deviation is £211,958 with Total Sold: 173
- The Last 5 Year average price is £693,718 with Total Sold: 21
- The most recent sale happened at this postcode is , 5 CINTRA AVENUE: £850,000 (Sold on 16 Apr 2024)
- The first recorded sale happened at this postcode is , 10 SHENSTONE ROAD: £82,750 (Sold on 06 Jan 1995)
Other
- The average price is around £652,825 median price is £491,500 Standard Deviation is £540,079 with Total Sold: 20
- The Last 5 Year average price is £603,458 with Total Sold: 12
- The most recent sale happened at this postcode is , 1 ARKWRIGHT ROAD: £1,250,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is , 177 BASINGSTOKE ROAD: £485,000 (Sold on 27 Mar 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000	£3,826	7
2023	£397,789	£3,869	19
2022	£345,269	£4,245	26
2021	£315,798	£3,781	31
2020	£313,097	£3,525	18
2019	£284,673	£3,510	26
2018	£294,971	£4,048	17
2017	£287,168	£3,503	24
2016	£300,500	£3,366	13
2015	£271,219	£3,270	33
2014	£225,253	£2,959	27
2013	£230,094	£2,726	56
2012	£195,900	£2,182	18
2011	£183,085	£2,118	17
2010	£193,431	£2,400	16
2009	£178,953	£1,991	16
2008	£222,841	£2,104	22
2007	£220,071	£2,399	36
2006	£193,041	£2,063	54
2005	£177,525	£1,917	38
2004	£160,351	£2,116	38
2003	£170,966	£1,818	32
2002	£150,015	£1,797	46
2001	£118,391	£1,285	49
2000	£168,665	£1,684	39
1999	£86,419	£936	49
1998	£74,972	£883	33
1997	£63,719	£723	26
1996	£54,572	£663	31
1995	£56,326	£598	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£360,406	£4,042	8
2023	£420,238	£4,736	13
2022	£378,158	£4,771	24
2021	£360,090	£4,224	33
2020	£376,075	£4,123	20
2019	£375,026	£3,869	23
2018	£373,687	£4,125	15
2017	£317,243	£4,081	22
2016	£338,769	£4,004	18
2015	£298,095	£3,090	24
2014	£268,144	£2,986	26
2013	£231,443	£2,674	24
2012	£223,166	£2,563	18
2011	£216,167	£2,437	21
2010	£203,694	£2,344	18
2009	£187,690	£2,156	24
2008	£211,748	£2,132	24
2007	£236,941	£2,621	44
2006	£213,759	£2,294	43
2005	£181,090	£2,227	21
2004	£171,809	£1,998	39
2003	£190,303	£2,326	34
2002	£156,935	£1,934	39
2001	£131,913	£1,564	38
2000	£141,207	£1,606	48
1999	£101,834	£1,220	45
1998	£85,243	£892	26
1997	£71,667	£809	41
1996	£63,097	£800	33
1995	£56,798	£700	29

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£187,000	£2,538	10
2023	£188,206	£3,362	17
2022	£205,516	£3,583	17
2021	£196,464	£3,428	14
2020	£196,833	£3,523	9
2019	£183,364	£3,020	11
2018	£204,176	£4,123	17
2017	£201,420	£3,533	22
2016	£200,211	£3,379	14
2015	£180,150	£3,283	20
2014	£181,714	£2,974	23
2013	£163,514	£2,856	18
2012	£147,125	£2,327	8
2011	£150,495	£2,724	11
2010	£132,857	£2,500	7
2009	£133,181	£2,372	11
2008	£148,500	£2,382	6
2007	£172,996	£3,475	37
2006	£186,206	£3,291	46
2005	£125,969	£2,053	8
2004	£110,882	£1,973	20
2003	£155,120	£2,693	35
2002	£125,924	£2,076	14
2001	£85,992	£1,716	6
2000	£74,892	£1,530	7
1999	£73,362	£1,164	16
1998	£54,862	£1,026	8
1997	£50,981	£882	8
1996	£38,869	£712	8
1995	£28,089	£740	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£850,000		1
2023	£653,667	£4,907	3
2022	£796,667	£4,690	3
2021	£726,178	£4,240	6
2020	£640,833	£4,336	6
2019	£582,500	£6,265	2
2018	£590,300	£4,103	4
2017	£554,286	£4,139	7
2015	£494,312	£3,886	8
2014	£446,144	£3,353	7
2013	£335,666	£3,237	18
2012	£523,375	£3,712	4
2011	£332,000	£3,423	4
2010	£317,667	£1,399	3
2009	£324,383	£2,843	5
2007	£358,000	£1,734	4
2006	£322,832	£2,326	6
2005	£319,500	£2,293	7
2004	£323,625	£2,051	12
2003	£419,667	£2,569	6
2002	£300,062	£2,606	4
2001	£233,500	£1,967	9
2000	£295,990	£1,941	5
1999	£187,645	£1,505	10
1998	£195,575	£1,522	6
1997	£143,625	£703	8
1996	£188,050	£1,066	10
1995	£77,750	£910	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,250,000		1
2023	£1,050,000		3
2022	£6,000		1
2021	£326,375	£4,067	4
2020	£200,000		1
2019	£665,000	£3,284	2
2018	£665,000	£7,331	4
2017	£620,000		1
2016	£350,000		1
2014	£1,092,500		2

House Type in RG2 7UH area

The most common house types in the RG2 7UH postcode area are Terraced (88), Flat (26), and Semi-detached (13).

Total	133
Terraced	88
Flat	26
Semi-detached	13
Detached	4
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (47), and Owned: Owns outright (28).

Social rented: Rents from council or Local Authority	47
Owned: Owns outright	28
Owned: Owns with a mortgage or loan	28
Private rented: Private landlord or letting agency	22
Lives rent free	4
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the RG2 7UH have 1 person in household (40), and 3 people in household (22).

1 person in household	40
3 people in household	22
2 people in household	20
5 people in household	15
4 people in household	13
7 people in household	12
6 people in household	7
8 or more people in household	3
0 people in household	0