House Prices in RG2 House Prices in RG2 (Reading)

The average house price in RG2 (Reading) is £381,277 using HM Land Registry data.

The average property price increased by £28,573 (6.88%) over the last 5 years and increased by £5,712 (1.3%) over the last 12 months.

Over the last year, there were 396 residential property sales – a decrease of 356 transactions (-89.90%) relative to the previous year. The majority of house sales (105) were in the £298,000 - £376,000 range. Then came properties in the £376,000 - £454,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 94 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,496 (-2%).

In Mar 2026, there were 114 new estate agency instructions, 75 agreed home sales and 88 property price reductions.

5-Year Average Property Prices in RG2 (Reading)

6.88%

Property prices in RG2 (Reading) increased by 6.88% 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

1.3%

Property prices in RG2 (Reading) increased by 1.3% 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.

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).

Property Market Heat Gauge for RG2 (Reading) - Mar 2026

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 406, Cygnet House, Drake Way, Reading, RG2 0NX£260,000£246,000-£14,00004 Jul 202519 Dec 2025168 Days
Flat 7, 9, Sunapee Road, Reading, RG2 6BN£250,000£242,000-£8,00010 Apr 202516 Dec 2025250 Days
1 Stanhope Road, Reading, RG2 7HJ£450,000£445,000-£5,00024 Jun 202510 Dec 2025169 Days
Flat 5, 4 Montgomery House, Equestrian Court, Reading, RG2 9ZN£275,000£275,000£024 Jul 202509 Dec 2025138 Days
49 Chestnut Crescent, Reading, RG2 9EJ£425,000£425,000£026 Aug 202508 Dec 2025104 Days
Flat 11, 16, Fairhaven Drive, Reading, RG2 6BL£400,000£390,000-£10,00016 May 202508 Dec 2025206 Days
6 Downham Court, Shinfield Road, Reading, RG2 8HP£190,000£173,000-£17,00029 Apr 202505 Dec 2025220 Days
1 Farmers Close, Reading, RG2 8UQ£400,000£380,000-£20,00003 Jul 202502 Dec 2025152 Days
19 Kendal Avenue, Reading, RG2 9AR£395,000£390,000-£5,00004 Aug 202501 Dec 2025119 Days
19 Gweal Avenue, Reading, RG2 0FP£499,950£475,000-£24,95017 Apr 202501 Dec 2025228 Days
8 March House, Carol Grove, Reading, RG2 9UL£300,000£290,000-£10,00022 Jan 202528 Nov 2025310 Days
89 Elgar Road, Reading, RG2 0DH£340,000£333,171-£6,82923 Jun 202526 Nov 2025156 Days
43 School Green, Reading, RG2 9EE£475,000£475,000£024 Apr 202520 Nov 2025210 Days
7 Sharpe Place, Reading, RG2 9WJ£600,000£595,000-£5,00011 Jul 202519 Nov 2025131 Days
16 Benson Close, Reading, RG2 7LP£500,000£500,000£010 Jul 202517 Nov 2025130 Days
87 Bolton Drive, Reading, RG2 9RD£275,000£268,000-£7,00008 Jun 202514 Nov 2025159 Days
56 Dawlish Road, Reading, RG2 7SF£375,000£375,000£015 May 202514 Nov 2025183 Days
7 Cintra View, Northumberland Avenue, Reading, RG2 7QU£375,000£373,500-£1,50020 May 202514 Nov 2025178 Days
Flat 6, Joslin House, Quiller Avenue, Arborfield Green, Arborfield, RG2 9UG£325,000£320,000-£5,00011 Jul 202513 Nov 2025125 Days
81 Winton Road, Reading, RG2 8HL£375,000£375,000£002 Jun 202513 Nov 2025164 Days

Most Expensive Streets in RG2 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG2 9JAChurch LaneReading£1,262,5003
RG2 9DPThe ManorReading£1,130,0003
RG2 7DAShinfield RoadReading£1,056,2779
RG2 9HQHolder CloseReading£897,5003
RG2 9EZGrenadier CloseReading£849,0005
RG2 9BXBrookers HillReading£845,0003
RG2 7HDNorthcourt AvenueReading£843,8754
RG2 7AGGlebe RoadReading£808,3333
RG2 9TBArcher GroveReading£786,5628
RG2 9PREversley RoadReading£775,0003

Least Expensive Streets in RG2 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG2 8AQEngineers Court, Whitley Wood LaneReading£99,8333
RG2 7BHMarlborough House, Northcourt AvenueReading£117,20010
RG2 7BGMilward Court, Warwick RoadReading£137,70015
RG2 8JXPevensey Court, Newstead RiseReading£146,2504
RG2 9UDHirst House, Quiller AvenueReading£153,6583
RG2 0GZThorney House, Drake WayReading£160,92814
RG2 0PQLinnet House, Bedwyn MewsReading£161,6663
RG2 0ATLynden Mews, Dale RoadReading£162,73013
RG2 8JSSouthgladeReading£164,2508
RG2 0DJTippett RiseReading£170,00016

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