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House Prices in RG2

The average house price in RG2 (Reading) is £411,033 using HM Land Registry data.

The average property price increased by £38,423 (5.3%) over the last 5 years and increased by £7,699 (0.93%) over the last 12 months.

Over the last year, there were 403 residential property sales – a decrease of 161 transactions (-39.95%) relative to the previous year. The majority of house sales (106) were in the £304,000 - £388,000 range. Then came properties in the £388,000 - £472,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 202 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,076 (-2%).

In March 2025, there were 93 new estate agency instructions, 66 agreed home sales and 53 property price reductions.

5-Year Average Property Prices in RG2 (Reading)

5.3%

Property prices in RG2 (Reading) increased by 5.3% 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 RG2 (Reading) Over the Last Year

0.93%

Property prices in RG2 (Reading) increased by 0.93% 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 RG2 (Reading) - March 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 RG2 (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 RG2 (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 RG2 (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 RG2 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG2 postcode area since 1995.

Recent Sales in RG2 (Reading)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 Rossby, Shinfield, Reading, Wokingham, RG2 9FS	£235,000	£235,000	£0	22 Aug 2024	17 Feb 2025	179 Days
85 Kingsbridge Road, Reading, RG2 7RG	£275,000	£270,000	-£5,000	08 Nov 2024	30 Jan 2025	83 Days
15 Ennerdale Road, Reading, RG2 7HH	£425,000	£416,000	-£9,000	17 May 2024	21 Jan 2025	249 Days
59 Howell Close, Arborfield, Reading, Wokingham, RG2 9GN	£400,000	£385,000	-£15,000	09 Sep 2024	20 Jan 2025	133 Days
18 Attwood Drive, Arborfield, Reading, Wokingham, RG2 9FE	£385,000	£385,000	£0	21 Aug 2024	09 Jan 2025	141 Days
15 Arborfield Road, Shinfield, Reading, Wokingham, RG2 9DY	£590,000	£590,000	£0	27 Sep 2024	09 Jan 2025	104 Days
18 Thornbridge Road, Reading, RG2 8RL	£410,000	£409,000	-£1,000	28 Aug 2024	06 Jan 2025	131 Days
3 Hirtes Avenue, Shinfield, Reading, Wokingham, RG2 9DH	£480,000	£480,000	£0	27 Aug 2024	03 Jan 2025	129 Days
67 Melrose Gardens, Arborfield Cross, Reading, Wokingham, RG2 9PY	£385,000	£376,000	-£9,000	16 Aug 2024	18 Dec 2024	124 Days
171 Blagdon Road, Reading, RG2 7NE	£425,000	£425,000	£0	24 Jun 2024	18 Dec 2024	177 Days
17 Village Close, Reading, RG2 8PE	£350,000	£330,000	-£20,000	11 Jul 2024	18 Dec 2024	160 Days
4 Arborfield Road, Shinfield, Reading, Wokingham, RG2 9DY	£550,000	£546,000	-£4,000	06 Jun 2024	16 Dec 2024	193 Days
49 Howell Close, Arborfield, Reading, Wokingham, RG2 9GN	£350,000	£337,500	-£12,500	18 Jun 2024	13 Dec 2024	178 Days
23 Bourne Avenue, Reading, RG2 0DU	£420,000	£400,000	-£20,000	18 Jul 2024	22 Nov 2024	127 Days
21 Coningham Road, Reading, Wokingham, RG2 8QP	£750,000	£730,000	-£20,000	27 Apr 2024	08 Nov 2024	195 Days
42 Shirley Avenue, Reading, RG2 8TD	£365,000	£360,000	-£5,000	24 Apr 2024	30 Oct 2024	189 Days
10 Rowley Road, Reading, RG2 0DR	£375,000	£360,000	-£15,000	19 Mar 2024	29 Oct 2024	224 Days
12 Gerring Road, Arborfield, Reading, Wokingham, RG2 9NZ	£400,000	£400,000	£0	27 Jun 2024	28 Oct 2024	123 Days
10 Lexington Grove, Reading, RG2 8UG	£280,000	£280,000	£0	08 Feb 2024	25 Oct 2024	260 Days
55 Collis Street, Reading, RG2 0AE	£325,000	£325,000	£0	25 Mar 2024	25 Oct 2024	214 Days

Most Expensive Streets in RG2 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG2 9JA	Church Lane, Arborfield	Reading	£1,571,875	4
RG2 9JB	Church Lane, Arborfield	Reading	£1,083,333	3
RG2 7DA	Shinfield Road	Reading	£1,074,562	8
RG2 9JJ	Carters Hill, Arborfield	Reading	£1,031,500	5
RG2 9DP	The Manor, Shinfield	Reading	£933,750	4
RG2 9BX	Brookers Hill, Shinfield	Reading	£833,750	4
RG2 9EZ	Grenadier Close, Shinfield	Reading	£820,714	7
RG2 9HQ	Holder Close, Shinfield	Reading	£818,333	3
RG2 7HD	Northcourt Avenue	Reading	£811,600	5
RG2 7HE	Northcourt Avenue	Reading	£714,267	4

Least Expensive Streets in RG2 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG2 8JX	Pevensey Court, Newstead Rise	Reading	£113,750	4
RG2 7BH	Marlborough House, Northcourt Avenue	Reading	£114,272	11
RG2 9YZ	Lance Way, Arborfield Green	Reading	£114,500	4
RG2 8AQ	Engineers Court, Whitley Wood Lane	Reading	£120,000	3
RG2 8JS	Whitley Wood Road	Reading	£132,000	8
RG2 8RQ	Rossington Place	Reading	£143,566	3
RG2 7BG	Milward Court, Warwick Road	Reading	£149,850	10
RG2 0PQ	Linnet House, Bedwyn Mews	Reading	£161,666	3
RG2 0GZ	Thorney House, Drake Way	Reading	£162,484	16
RG2 0AT	Lynden Mews, Dale Road	Reading	£164,450	10