Reading newly built property prices

The price of a newly built property is £475k in Reading postcode area. The price declined by £-9.0k (-2%) over the last twelve months. The price of an established property is £463k. There were 156 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 52 (33.3%) properties sold, followed by £400k-£500k price range with 39 (25.0%) properties sold. Most new homes were sold in RG1 3, with 64 sold to date from January 2023 - December 2023.

January 2023 - December 2023Reading postcode areaEngland & Wales
Average price of a new home£475k£429k

Average price change
-2%
£-9.0k
12%
£47.4k

Reading cost comparison of new homes and older homes

January 2023 - December 2023

Reading cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£475k
An established property£463k

Reading sales share of new homes and older homes

January 2023 - December 2023

Reading sales share of new homes and older homes

2.1%

A newly built property

156

97.9%

An established property

7.3k

7.4k

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 2023 - December 2023. See also Reading property sales reports.

Reading new home sales share by price range

Property price rangeMarket shareSales volume
£150k-£200k0.6%1
£200k-£250k1.9%3
£250k-£300k9.0%14
£300k-£400k23.1%36
£400k-£500k25.0%39
£500k-£750k33.3%52
£750k-£1M7.1%11

Reading cost comparison of new houses and new flats

January 2023 - December 2023

Reading cost comparison of new houses and new flats

£677k

Detached

£364k

Flat

£518k

Semi-Detached

£482k

Terraced

Reading sales share of new houses and new flats

January 2023 - December 2023

Reading sales share of new houses and new flats

27.6%

Detached

43

54.5%

Flat

85

11.5%

Semi-Detached

18

6.4%

Terraced

10

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

home features

population statistics

crime statistics

energy costs

home energy efficiency

salary and unemployment

plumplot area insights tutorial
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