At a Glance
Average Property Price - RG1
£330,361
51
National percentile
Average Monthly Rent - RG
£1,414
74
National percentile
Average Net Household Income - RG1
£22,316
2
National percentile
Flat / Maisonette Yield - RG
5.7%
54
National percentile
10-Year Annualised Price Growth - RG1
2.3%
13
National percentile
10-Year Annualised Rent Growth - RG
3.6%
30
National percentile
Property Price & Volume Trends
The average property price in RG1 is £330,000, broadly in line with the national average. Over the past decade, prices have grown at 2.3% annually—among the slowest nationally—suggesting the area has underperformed broader market trends. Transaction activity has declined noticeably, with 491 sales in the latest year compared to a 10-year average of 648, indicating softer market momentum.
Rent & Yield Trends
Rents in the RG postcode area average £1,414 per month, placing them among the most expensive nationally. Rental growth has averaged 3.6% annually over ten years, below the national pace. The flat yield has improved to 5.7%, up from a 10-year average of 4.5%, reflecting a more attractive return for landlords despite the slower capital growth.
Income & Affordability Trends
Average household income in RG1 is £22,316, well below the national average and among the lowest nationally. Purchase affordability has deteriorated sharply: the price-to-income ratio stands at 15.2x, up from 7.5x in 2016, meaning buyers face significantly steeper affordability pressures. Rental affordability has remained broadly stable, with rents consuming 28.9% of income compared to 28% in 2016.
Resident Demographic Profile
RG1 has a notably young population: those aged 25–34 and 35–49 together represent over 43% of residents, well above national averages, while the over-65 population at 8.6% is substantially below the 19.6% national figure. The housing market is dominated by private renters at 40.6%, nearly double the national share, reflecting the area's character as a rental-heavy urban centre. Outright ownership is unusually low at 14.9%, and the workforce leans heavily toward professionals (24.3%) and elementary occupations (15.3%).