House Prices in RG1 7LB

Reading 62 properties Avg. price: £148,151
62
Properties
£148K
Average Price
£90K
Lowest Sale
£210K
Highest Sale

Market overview

# RG1 7LB Area Summary

The RG1 7LB postcode falls within central Reading, Berkshire, encompassing parts of the town centre and surrounding urban areas. This location offers excellent connectivity, being minutes from Reading's mainline railway station with direct services to London Paddington in under 30 minutes, making it particularly attractive to commuters. The area benefits from Reading's vibrant commercial sector, extensive shopping facilities at The Oracle and Broad Street, and a diverse range of dining and entertainment options.

Based on the available data, the average property price in RG1 7LB stands at **£148,151** across **62 properties**. This figure is notably below Reading's overall average, which typically exceeds £300,000, suggesting the postcode likely contains a higher proportion of flats and apartments rather than houses. The pricing reflects the urban nature of this central location, where compact living spaces cater primarily to young professionals, first-time buyers, and buy-to-let investors seeking proximity to employment hubs and transport links.

What makes RG1 7LB particularly notable is its position at the heart of Reading's regeneration efforts. The area has seen significant development in recent years, with modern apartment blocks and converted commercial properties adding to the housing stock. The combination of central convenience, transport excellence, and relatively accessible pricing compared to other town centre locations makes this postcode appealing for those prioritising location and connectivity over space.

AI-generated market summary · Updated 27 Sep 2026

Price Trends

Properties in RG1 7LB

62 total
51, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £157,500 27 Oct 2025 50, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £200,000 31 Mar 2025 58, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £165,000 31 Mar 2025 52, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £175,000 21 Mar 2025 27, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £165,000 7 Aug 2024 47, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £162,500 21 Mar 2024 36, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £170,000 19 Dec 2023 48, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £140,000 29 Oct 2021 42, Mcilroys Building, Oxford Road, Reading, RG1 7LB Flat / Maisonette £172,500 6 Feb 2017 Flat 8, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette D £209,950 31 Jan 2017 Flat 30, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £147,500 24 Jan 2017 Flat 31, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £199,950 4 Dec 2016 Flat 18, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette C £167,500 27 May 2016 Flat 21, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £165,000 27 May 2016 Flat 23, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £165,000 9 May 2016 Flat 12, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £156,500 3 May 2016 Flat 15, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette B £140,000 30 Mar 2016 Flat 19, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £162,500 30 Mar 2016 Flat 43, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £131,000 24 Mar 2016 Flat 33, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £162,500 24 Mar 2016 Flat 1, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £150,000 23 Mar 2016 Flat 6, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £162,500 11 Mar 2016 Flat 5, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £162,000 3 Feb 2016 Flat 20, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette D £178,000 27 Nov 2015 Flat 22, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £160,000 20 Nov 2015 Flat 25, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £158,000 20 Nov 2015 Flat 24, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £165,000 20 Nov 2015 Flat 17, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette C £155,000 30 Oct 2015 Flat 4, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £160,000 26 Oct 2015 Flat 28, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £130,500 30 Sep 2015 Flat 10, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £160,000 30 Sep 2015 Flat 16, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette D £132,500 18 Sep 2015 Flat 9, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £162,000 28 Aug 2015 Flat 26, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £129,500 21 Aug 2015 Flat 27, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £144,000 31 Jul 2015 Flat 47, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £135,000 9 Jun 2015 Flat 40, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £140,000 21 May 2015 Flat 56, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £136,000 13 May 2015 Flat 36, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £140,000 8 May 2015 Flat 51, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £138,000 8 May 2015 Flat 37, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £140,000 30 Apr 2015 Flat 55, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £139,000 27 Mar 2015 Flat 58, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £137,000 12 Mar 2015 Flat 57, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette C £140,000 5 Mar 2015 Flat 52, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette C £140,000 27 Feb 2015 Flat 46, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £115,000 30 Jan 2015 Flat 48, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £138,000 27 Jan 2015 Flat 44, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £140,000 23 Jan 2015 Flat 38, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette £140,000 9 Jan 2015 Flat 49, Mcilroys Building, 18, Oxford Road, Reading, RG1 7LB Flat / Maisonette D £139,950 22 Sep 2014

Frequently Asked Questions

What is the average house price in RG1 7LB?

The average house price in RG1 7LB, Reading is £148,151. Prices range from £90,288 to £209,950.

How many properties are in RG1 7LB?

There are 62 properties in RG1 7LB, Reading.

What types of properties are in RG1 7LB?

RG1 7LB contains 62 flat / maisonette properties.

How have house prices changed in RG1 7LB?

Average house prices in RG1 7LB have risen by 82.7% from £95,423 in 2004 to £174,375 in 2025.

Where is RG1 7LB located?

RG1 7LB is located in Reading, Reading, England.

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