House Prices in RG1 7LY

Reading 67 properties Avg. price: £175,363
67
Properties
£175K
Average Price
£136K
Lowest Sale
£264K
Highest Sale

Market overview

# RG1 7LY Area Summary

RG1 7LY falls within central Reading, Berkshire, a highly sought-after location that benefits from excellent transport connectivity and strong employment prospects. This postcode area sits close to Reading town centre, offering residents convenient access to the mainline railway station with direct services to London Paddington in under 30 minutes, making it particularly popular with commuters. The locale combines urban amenities with residential streets, providing a balanced living environment.

The property market in RG1 7LY shows an average price of £175,363 based on 67 properties, which sits below Reading's broader average. This relatively accessible price point likely reflects a mix of property types, potentially including flats and smaller Victorian or Edwardian terraced houses typical of inner Reading. The area appeals to first-time buyers, young professionals, and buy-to-let investors drawn to Reading's robust rental market, underpinned by major employers including Microsoft, Oracle, and various financial services firms in the Thames Valley corridor.

What makes this area particularly notable is its strategic position within one of the South East's key economic hubs, combining affordability with excellent infrastructure and ongoing regeneration around Reading town centre. The postcode benefits from proximity to cultural amenities, shopping facilities at The Oracle, and the developing Station Hill quarter, whilst maintaining residential character.

AI-generated market summary · Updated 19 Aug 2026

Price Trends

Properties in RG1 7LY

67 total
Flat 1803, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £180,468 29 Mar 2016 Flat 1703, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £263,616 29 Mar 2016 Flat 1303, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £239,230 29 Mar 2016 Flat 1503, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £252,037 24 Mar 2016 Flat 1002, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £162,150 21 Mar 2016 Flat 1003, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £232,650 21 Mar 2016 Flat 1008, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £227,010 21 Mar 2016 Flat 1203, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £234,825 18 Mar 2016 Flat 1702, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £142,189 29 Dec 2015 Flat 1605, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £141,367 15 Dec 2015 Flat 1106, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £138,901 15 Dec 2015 Flat 1105, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £137,257 15 Dec 2015 Flat 1103, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £195,612 15 Dec 2015 Flat 1102, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £137,257 15 Dec 2015 Flat 1107, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £195,612 15 Dec 2015 Flat 1108, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £195,612 15 Dec 2015 Flat 1402, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £139,723 15 Dec 2015 Flat 1404, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £139,723 15 Dec 2015 Flat 1405, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £139,723 15 Dec 2015 Flat 1406, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £141,367 15 Dec 2015 Flat 1507, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £202,187 15 Dec 2015 Flat 1502, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £140,545 15 Dec 2015 Flat 1708, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £205,475 15 Dec 2015 Flat 1705, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £142,189 15 Dec 2015 Flat 1801, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £217,804 15 Dec 2015 Flat 1606, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £143,011 15 Dec 2015 Flat 1201, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £197,256 14 Dec 2015 Flat 1205, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £138,079 14 Dec 2015 Flat 1204, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £138,079 14 Dec 2015 Flat 1206, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £139,723 14 Dec 2015 Flat 1508, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £202,187 14 Dec 2015 Flat 1501, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £202,187 14 Dec 2015 Flat 1504, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £140,545 14 Dec 2015 Flat 1505, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £140,545 14 Dec 2015 Flat 1506, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £142,189 14 Dec 2015 Flat 1607, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette D £203,831 14 Dec 2015 Flat 1602, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £141,367 14 Dec 2015 Flat 1603, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £203,831 14 Dec 2015 Flat 1604, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £141,367 14 Dec 2015 Flat 1007, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £193,968 14 Dec 2015 Flat 1001, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £193,968 14 Dec 2015 Flat 1004, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £136,435 14 Dec 2015 Flat 1005, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £136,435 14 Dec 2015 Flat 1207, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette £197,256 14 Dec 2015 Flat 1208, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £197,256 14 Dec 2015 Flat 1202, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £138,079 14 Dec 2015 Flat 1101, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £195,612 10 Dec 2015 Flat 1006, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £138,079 10 Dec 2015 Flat 1305, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £138,901 10 Dec 2015 Flat 1306, Hewitt, 40, Alfred Street, Reading, RG1 7LY Flat / Maisonette C £140,545 10 Dec 2015

Frequently Asked Questions

What is the average house price in RG1 7LY?

The average house price in RG1 7LY, Reading is £175,363. Prices range from £136,435 to £263,616.

How many properties are in RG1 7LY?

There are 67 properties in RG1 7LY, Reading.

What types of properties are in RG1 7LY?

RG1 7LY contains 67 flat / maisonette properties.

How have house prices changed in RG1 7LY?

Average house prices in RG1 7LY have risen by 32.7% from £168,768 in 2015 to £223,998 in 2016.

Where is RG1 7LY located?

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