Reading newly built property prices

The price of a newly built property is £535k in Reading postcode area. The price increased by £47.7k (10%) over the last twelve months. The price of an established property is £466k. There were 164 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 81 (49.4%) properties sold, followed by £400k-£500k price range with 43 (26.2%) properties sold. Most new homes were sold in RG40 5, with 36 sold to date from March 2023 - February 2024.

March 2023 - February 2024Reading postcode areaEngland & Wales
Average price of a new home£535k£431k

Average price change
10%
£47.7k
13%
£50.0k

Reading cost comparison of new homes and older homes

March 2023 - February 2024

Reading cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£535k
An established property£466k

Reading sales share of new homes and older homes

March 2023 - February 2024

Reading sales share of new homes and older homes

2.2%

A newly built property

164

97.8%

An established property

7.3k

7.5k

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 March 2023 - February 2024. See also Reading property sales reports.

Reading new home sales share by price range

Property price rangeMarket shareSales volume
£150k-£200k1.8%3
£200k-£250k1.8%3
£250k-£300k2.4%4
£300k-£400k11.6%19
£400k-£500k26.2%43
£500k-£750k49.4%81
£750k-£1M6.1%10
over £1M0.6%1

Reading cost comparison of new houses and new flats

March 2023 - February 2024

Reading cost comparison of new houses and new flats

£676k

Detached

£361k

Flat

£514k

Semi-Detached

£468k

Terraced

Reading sales share of new houses and new flats

March 2023 - February 2024

Reading sales share of new houses and new flats

44.5%

Detached

73

30.5%

Flat

50

15.9%

Semi-Detached

26

9.1%

Terraced

15

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

population statistics

crime statistics

home energy efficiency

salary and unemployment

home features

energy costs

plumplot area insights tutorial
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