Housing Market Analysis for MEREOAK LANE, RG7 1LB

Are you looking to understand RG7 1LB 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 Wokingham postcode.

For the location information and nearby amenities in the RG7 1LB area, explore the RG7 1LB Area information page.
For comprehensive crime statistics in the RG7 1LB area, explore the RG7 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG7 1LB postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £344,333 median price is £354,000 Standard Deviation is £158,032 with Total Sold: 6
    • The Last 5 Year average price is £530,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, SCHOOL COTTAGES MEREOAK LANE: £530,000 (Sold on 11 Jun 2021)
    • The first recorded sale happened at this postcode is 2, SCHOOL COTTAGES MEREOAK LANE: £60,000 (Sold on 10 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RG7 1LB 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£530,0001
2017£498,0001
2014£405,0001
2006£303,0001
2002£270,0001
1997£60,0001

All the Sales in the MEREOAK LANE, RG7 1LB

See the table below for more details on the sold house prices in the RG7 1LB, Wokingham postcode.

AddressSold DatePrice% Change
2, SCHOOL COTTAGES MEREOAK LANESemi-Detached, Freehold11 Jun 2021£530,0006.43%
21 Nov 2017£498,00022.96%
28 Oct 2014£405,00033.66%
31 Mar 2006£303,00012.22%
10 May 2002£270,000350.00%
10 Dec 1997£60,000First Sale

Check out the sold house prices near the RG7 1LB postcode. Properties currently for saleProperties currently for rent

MEREOAK LANE, RG7 1LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG7 1LB 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 RG7 1LB postcode.

  • Other
    • The average price is around £311,250 median price is £280,000 Standard Deviation is £173,892 with Total Sold: 7
    • The Last 5 Year average price is £440,000 with Total Sold: 2
    • The most recent sale happened at this postcode is UNIT 8, DIDDENHAM COURT LAMBWOOD HILL: £280,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is UNIT 16, DIDDENHAM COURT LAMBWOOD HILL: £428,652 (Sold on 07 Mar 2016)
  • Semi-Detached
    • The average price is around £325,128 median price is £303,000 Standard Deviation is £131,491 with Total Sold: 23
    • The Last 5 Year average price is £410,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 2, GRAVELLEY BRIDGE COTTAGES MEREOAK LANE: £300,000 (Sold on 06 Oct 2021)
    • The first recorded sale happened at this postcode is , SOUTH BANK PUMP LANE: £110,000 (Sold on 29 Aug 1997)
  • Detached
    • The average price is around £888,482 median price is £550,000 Standard Deviation is £658,824 with Total Sold: 7
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , APPLE TREE COTTAGE MEREOAK LANE: £550,000 (Sold on 28 Aug 2020)
    • The first recorded sale happened at this postcode is , GREYSTONES MEREOAK LANE: £94,000 (Sold on 28 May 1997)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£440,0002
2018£290,0003
2016£214,3762
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£415,0002
2020£560,000 £6,735 1
2019£330,0002
2018£363,500 £4,510 2
2017£373,6673
2016£331,250 £3,854 2
2014£405,0001
2013£285,0001
2011£195,0001
2007£480,0001
2006£303,0001
2003£323,5001
2002£270,0001
2001£306,0001
2000£179,950 £1,764 1
1997£85,000 £917 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£550,000 £5,401 1
2018£2,007,872 £4,897 1
2015£1,620,000 £4,320 1
2014£1,120,000 £2,732 1
2013£407,5001
2000£420,0001
1997£94,0001

House Type in RG7 1LB area

The most common house types in the RG7 1LB postcode area are Semi-detached (42), Detached (37), and Terraced (24).

Total112
Semi-detached42
Detached37
Terraced24
temporary structure6
Flat2
converted building1
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright40
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency25
Social rented: Rents from council or Local Authority4
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the RG7 1LB have 2 people in household (41), and 1 person in household (24).

2 people in household41
1 person in household24
3 people in household22
4 people in household17
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0