House Prices in RG2 House Prices in RG2 (Reading)

The average house price in RG2 (Reading) is £392,214 using HM Land Registry data.

The average property price increased by £13,140 (5.94%) over the last 5 years and increased by £2,627 (1.13%) over the last 12 months.

Over the last year, there were 394 residential property sales – a decrease of 316 transactions (-80.20%) relative to the previous year. The majority of house sales (110) were in the £306,000 - £382,000 range. Then came properties in the £382,000 - £458,000 range, where 78 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,522 (-2%).

In Jul 2026, there were 98 new estate agency instructions, 65 agreed home sales and 77 property price reductions.

5-Year Average Property Prices in RG2 (Reading)

5.94%

Property prices in RG2 (Reading) increased by 5.94% 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

1.13%

Property prices in RG2 (Reading) increased by 1.13% 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) - Jul 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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
8 Maine Street, Reading, RG2 6AG£465,000£460,000-£5,00001 Aug 202511 May 2026283 Days
25 Garrett Drive, Reading, RG2 9LD£500,000£485,000-£15,00006 May 202608 May 20262 Days
22 Winchester Road, Reading, RG2 0EY£420,000£415,000-£5,00003 Nov 202501 May 2026179 Days
Flat 113, Cygnet House, Drake Way, Reading, RG2 0NX£260,000£260,000£024 Jul 202530 Apr 2026280 Days
19 Orwell Drive, Reading, RG2 9US£530,000£525,000-£5,00006 Oct 202530 Apr 2026206 Days
114 Valon Road, Reading, RG2 9QJ£425,000£400,000-£25,00002 Feb 202630 Apr 202687 Days
57 Lamerton Road, Reading, RG2 8AS£300,000£300,000£001 Apr 202628 Apr 202627 Days
337 Whitley Wood Lane, Reading, RG2 8PX£410,000£390,000-£20,00009 Dec 202524 Apr 2026136 Days
59 Cressingham Road, Reading, RG2 7RX£435,000£427,500-£7,50017 Dec 202521 Apr 2026125 Days
36a, Shinfield Road, Reading, RG2 7BW£660,000£645,000-£15,00019 Nov 202521 Apr 2026153 Days
2 Modbury Gardens, Reading, RG2 7PD£325,000£325,000£004 Dec 202517 Apr 2026134 Days
Flat 106, Nightingale House, Drake Way, Reading, RG2 0PD£280,000£277,400-£2,60023 Apr 202517 Apr 2026359 Days
1 Brant Close, Reading, RG2 9PF£345,000£330,000-£15,00003 Jun 202517 Apr 2026318 Days
84 Valon Road, Reading, RG2 9QQ£400,000£395,000-£5,00026 Nov 202517 Apr 2026142 Days
49 Westall Street, Reading, RG2 9RJ£540,000£530,000-£10,00004 Jun 202515 Apr 2026315 Days
70 Hartland Road, Reading, RG2 8BW£370,000£355,000-£15,00009 Jan 202615 Apr 202696 Days
30 Champlain Street, Reading, RG2 6AF£550,000£545,000-£5,00004 Dec 202509 Apr 2026126 Days
9 Bourne Avenue, Reading, RG2 0DU£495,000£481,000-£14,00011 Nov 202509 Apr 2026149 Days
1 March House, Carol Grove, Reading, RG2 9UL£300,000£296,000-£4,00009 Aug 202508 Apr 2026242 Days
29 Poperinghe Way, Reading, RG2 9LW£325,000£325,000£026 Jan 202608 Apr 202672 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£1,070,6258
RG2 9HQHolder CloseReading£897,5003
RG2 9TBArcher GroveReading£882,5006
RG2 7HDNorthcourt AvenueReading£852,6663
RG2 9EZGrenadier CloseReading£849,0005
RG2 9BXBrookers HillReading£790,0003
RG2 9PREversley RoadReading£775,0003
RG2 9HRWalden AvenueReading£739,6254

Least Expensive Streets in RG2 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG2 8AQEngineers Court, Whitley Wood LaneReading£98,6254
RG2 7BHMarlborough House, Northcourt AvenueReading£117,4449
RG2 7BGMilward Court, Warwick RoadReading£138,96414
RG2 8JXPevensey Court, Newstead RiseReading£146,2504
RG2 9UDHirst House, Quiller AvenueReading£154,6184
RG2 0GZThorney House, Drake WayReading£160,03813
RG2 0PQLinnet House, Bedwyn MewsReading£161,6663
RG2 0ATLynden Mews, Dale RoadReading£162,73013
RG2 0DJTippett RiseReading£166,66615
RG2 0DZTippett RiseReading£171,9005

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