Reading newly built property prices

The price of a newly built property is £470k in Reading postcode area. The price declined by £-15.2k (-3%) over the last twelve months. The price of an established property is £454k. There were 245 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 74 (30.2%) properties sold, followed by £300k-£400k price range with 54 (22.0%) properties sold. Most new homes were sold in RG40 4, with 51 sold to date from January 2024 - December 2024.

January 2024 - December 2024Reading postcode areaEngland & Wales
Average price of a new home£470k£381k

Average price change
-3%
£-15.2k
-4%
£-14.2k

Reading cost comparison of new homes and older homes

January 2024 - December 2024

Reading cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£470k
An established property£454k

Reading sales share of new homes and older homes

January 2024 - December 2024

Reading sales share of new homes and older homes

2.8%

A newly built property

245

97.2%

An established property

8.5k

8.8k

total sales volume

Reading map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Reading map of sales of new properties

Reading new home sales share by price range

shows a sales volume of new homes in a given price range between January 2024 - December 2024. See also Reading property sales reports.

Reading new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.4%1
£150k-£200k4.9%12
£200k-£250k3.7%9
£250k-£300k12.7%31
£300k-£400k22.0%54
£400k-£500k18.4%45
£500k-£750k30.2%74
£750k-£1M7.3%18
over £1M0.4%1

Reading cost comparison of new houses and new flats

January 2024 - December 2024

Reading cost comparison of new houses and new flats

£667k

Detached

£287k

Flat

£467k

Semi-Detached

£417k

Terraced

Reading sales share of new houses and new flats

January 2024 - December 2024

Reading sales share of new houses and new flats

35.5%

Detached

87

36.3%

Flat

89

21.6%

Semi-Detached

53

6.5%

Terraced

16

Reading real new home prices

Yearly average nominal house prices adjusted for inflation

Reading real new home prices

Reading new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Reading new home prices

Reading new home prices and nearby areas

Yearly average nominal prices

Reading new home prices and nearby areas

Reading house prices new vs established

Yearly average nominal prices

Reading house prices new vs established

Reading annual sales of new homes and older homes

Total sales volumes by year

Reading annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Other reports for Reading postcode area

house prices

house prices per square metre

property transactions

salary and unemployment

energy costs

population statistics

home features

crime statistics

home energy efficiency

plumplot area insights tutorial
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