# RG40 1LB Area Summary
The RG40 1LB postcode falls within Wokingham, Berkshire, covering parts of the town centre and surrounding residential areas. This established location benefits from excellent transport links, being within reasonable distance of both Reading and Bracknell, whilst the M4 motorway provides swift access to London and Heathrow Airport. The area is particularly valued for its well-regarded schools and family-friendly environment, making it a consistently popular choice for commuters and growing families.
Based on the current market data of 63 properties with an average price of £380,218, this postcode sits comfortably within the mid-range bracket for the Wokingham district. The pricing reflects the area's desirable attributes, including its proximity to local amenities, green spaces, and transport infrastructure. Property types in this postcode typically include a mix of terraced houses, semi-detached homes, and purpose-built flats, catering to a diverse range of buyers from first-time purchasers to established families seeking the benefits of the highly-rated Wokingham Borough educational facilities.
The local property market here remains relatively robust, supported by sustained demand from buyers attracted to Berkshire's strong employment opportunities, particularly in the technology and business services sectors concentrated around the Thames Valley corridor.
The average house price in RG40 1LB, Wokingham is £380,218. Prices range from £251,269 to £570,000.
There are 63 properties in RG40 1LB, Wokingham.
RG40 1LB contains 34 flat / maisonette properties, 26 semi-detached properties, 3 detached properties.
Average house prices in RG40 1LB have fallen by 23.9% from £431,800 in 2017 to £328,571 in 2024.
RG40 1LB is located in Wokingham, Wokingham, England.