Reading property prices

The average property price in Reading postcode area is £438k. The average price increased by £2.8k (1%) over the last twelve months. The price of an established property is £438k. The price of a newly built property is £435k. There were 10.6k property sales and sales dropped by 0.3% (-40 transactions). Most properties were sold in the £300k-£400k price range with 2796 (26.3%) properties sold, followed by £500k-£750k price range with 1828 (17.2%) properties sold.

April 2021 - March 2022

Reading postcode area

England and Wales

£438k

average property price

£337k

average property price

1%

average price percentage change

1%

average price percentage change

£2.8k

average price change

£3.4k

average price change

Reading house prices map

This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'RG12 1' with the average price of £178k. The most expensive place was 'RG9 3', £1.4M.

Reading house prices map

Reading house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Reading house prices compared to other areasAverage price percentage change
Average property price

Reading house price rank

With the average price of £438k, Reading is the 27. most pricey postcode area out of 105 England and Wales' postcode areas.

Reading house price rank

Reading property sales share by price range

shows a number of properties sold in a given price range between April 2021 - March 2022.

Reading property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.4%47
£100k-£150k1.9%206
£150k-£200k5.9%628
£200k-£250k9.4%996
£250k-£300k14.5%1.5k
£300k-£400k26.3%2.8k
£400k-£500k15.8%1.7k
£500k-£750k17.2%1.8k
£750k-£1M4.9%518
over £1M3.6%382

Reading cost comparison of new homes and older homes

April 2021 - March 2022

Reading cost comparison of new homes and older homes

£435k

A newly built property

£438k

An established property

Reading cost comparison of houses and flats

April 2021 - March 2022

Reading cost comparison of houses and flats

£697k

Detached

£233k

Flat

£421k

Semi-Detached

£332k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Reading real house prices

Yearly average nominal house prices adjusted for inflation.

Reading real house prices

Reading house prices

Yearly average nominal prices compared to England & Wales' house prices

Reading house prices

Reading house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Reading house prices per square meter

Reading house prices and nearby areas

Yearly average nominal prices

Reading house prices and nearby areas

Reading house prices by property type

Yearly average nominal prices

Reading house prices by property type

Reading house price to earnings ratio

The median property price to median earnings ratio is ranging between 8.4 in Basingstoke and Deane and 10.6 in Wokingham. Ie. Basingstoke and Deane resident with middle-income needs 8.4 gross annual salaries to buy a medium-priced property. Resident in Wokingham needs 10.6 annual salaries. The England and Wales ratio was 7.69 in 2020.
Reading house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
England and Wales7.69
Basingstoke and Deane8.4
Reading9.1
Bracknell Forest9.7
West Berkshire9.7
Hart10
Wokingham10.6

Other reports for Reading postcode area

house prices per square meter

new home prices

property transactions

salary and unemployment

energy costs

crime statistics

home energy certificates

home features

population statistics

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