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House Prices in RG1

The average house price in RG1 (Reading) is £363,136 using HM Land Registry data.

The average property price increased by £36,107 (8.84%) over the last 5 years and increased by £7,217 (1.51%) over the last 12 months.

Over the last year, there were 439 residential property sales – a decrease of 160 transactions (-36.45%) relative to the previous year. The majority of house sales (113) were in the £252,000 - £314,000 range. Then came properties in the £314,000 - £376,000 range, where 96 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 85 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,897 (-3%).

In May 2025, there were 123 new estate agency instructions, 97 agreed home sales and 96 property price reductions.

5-Year Average Property Prices in RG1 (Reading)

8.84%

Property prices in RG1 (Reading) increased by 8.84% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RG1 (Reading) Over the Last Year

1.51%

Property prices in RG1 (Reading) increased by 1.51% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for RG1 (Reading) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RG1 (Reading)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RG1 (Reading)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RG1 (Reading)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RG1 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG1 postcode area since 1995.

Recent Sales in RG1 (Reading)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
220 Southampton Street, Reading, RG1 2RD	£300,000	£276,000	-£24,000	03 Jul 2024	31 Jan 2025	212 Days
56 Alexandra Road, Reading, RG1 5PP	£795,000	£785,000	-£10,000	17 Jul 2024	30 Jan 2025	197 Days
Flat 8, Regents Riverside, Brigham Road, Reading, RG1 8QS	£305,000	£295,000	-£10,000	08 Mar 2024	24 Jan 2025	322 Days
49 Swansea Road, Reading, RG1 8EZ	£330,000	£312,700	-£17,300	16 Jul 2024	24 Jan 2025	192 Days
8 Chesterman Street, Reading, RG1 2PR	£340,000	£340,000	£0	10 Sep 2024	24 Jan 2025	136 Days
19 Charles Street, Reading, RG1 7DB	£320,000	£315,000	-£5,000	22 May 2024	20 Jan 2025	243 Days
20 Castle Crescent, Reading, RG1 6AG	£695,000	£695,000	£0	16 Aug 2024	09 Jan 2025	146 Days
10 Queens Cottages, Reading, RG1 4BE	£350,000	£347,500	-£2,500	13 Sep 2024	08 Jan 2025	117 Days
37 Francis Street, Reading, RG1 2QB	£280,000	£278,000	-£2,000	18 Sep 2024	07 Jan 2025	111 Days
36 St Pauls Court, Reading, RG1 6HF	£229,950	£229,950	£0	09 Jul 2024	06 Jan 2025	181 Days
88 Liverpool Road, Reading, RG1 3PQ	£350,000	£340,000	-£10,000	03 Jan 2025	06 Jan 2025	3 Days
29 Upper Redlands Road, Reading, RG1 5JJ	£495,000	£475,000	-£20,000	13 Feb 2024	06 Jan 2025	328 Days
49 Sherman Road, Reading, RG1 2PP	£290,000	£265,000	-£25,000	05 Apr 2024	20 Dec 2024	259 Days
37 Addington Road, Reading, RG1 5PZ	£500,000	£485,000	-£15,000	25 Nov 2024	18 Dec 2024	23 Days
96 Crescent Road, Reading, RG1 5SN	£575,000	£568,000	-£7,000	17 Jul 2024	06 Dec 2024	142 Days
39 Maltings Place, Reading, RG1 6QG	£215,000	£212,000	-£3,000	27 Jun 2024	06 Dec 2024	162 Days
26 Kendrick Road, Reading, RG1 5DN	£750,000	£710,000	-£40,000	29 Jul 2024	06 Dec 2024	130 Days
46 Lower Field Road, Reading, RG1 6AR	£300,000	£295,000	-£5,000	18 Jun 2024	29 Nov 2024	164 Days
175 Wensley Road, Reading, RG1 6DU	£400,000	£395,000	-£5,000	08 Apr 2024	26 Nov 2024	232 Days
2 Sherman Place, Reading, RG1 2PL	£375,000	£373,000	-£2,000	13 Jun 2024	25 Nov 2024	165 Days

Most Expensive Streets in RG1 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG1 6HY	Berkeley Avenue	Reading	£803,125	4
RG1 5PP	Alexandra Road	Reading	£726,250	4
RG1 5HB	Lancaster Close	Reading	£704,000	3
RG1 5PE	Alexandra Road	Reading	£695,125	4
RG1 5SN	Crescent Road	Reading	£690,125	4
RG1 5JB	Marlborough Avenue	Reading	£671,666	3
RG1 3GR	Filbert Street	Reading	£614,512	8
RG1 5HL	The Mount	Reading	£602,714	7
RG1 5JH	Avebury Square	Reading	£576,500	4
RG1 5JD	New Road	Reading	£576,225	4

Least Expensive Streets in RG1 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG1 6FJ	Coley Avenue	Reading	£85,562	4
RG1 6QH	Talbot Court	Reading	£98,100	9
RG1 7RA	Tilehurst Road	Reading	£111,666	9
RG1 6HD	Cranford Mews, Berkeley Avenue	Reading	£119,687	4
RG1 7LZ	Alleyne Close	Reading	£123,400	5
RG1 5RF	Charfield Court, Hamilton Road	Reading	£134,000	3
RG1 5DR	Alpha House Flats, Kendrick Road	Reading	£136,987	4
RG1 7SX	Castle Hill	Reading	£145,010	5
RG1 3FB	Abbey Hall, Abbey Square	Reading	£147,000	3
RG1 4FF	East Street	Reading	£154,800	5