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House Prices in RG31

The average house price in RG31 (Reading) is £381,180 using HM Land Registry data.

The average property price increased by £53,983 (3.39%) over the last 5 years and increased by £10,789 (0.6%) over the last 12 months.

Over the last year, there were 308 residential property sales – a decrease of 51 transactions (-16.56%) relative to the previous year. The majority of house sales (81) were in the £294,000 - £378,000 range. Then came properties in the £378,000 - £462,000 range, where 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,423 (-2%).

In May 2025, there were 61 new estate agency instructions, 69 agreed home sales and 43 property price reductions.

5-Year Average Property Prices in RG31 (Reading)

3.39%

Property prices in RG31 (Reading) increased by 3.39% 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 RG31 (Reading) Over the Last Year

0.6%

Property prices in RG31 (Reading) increased by 0.6% 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 RG31 (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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 RG31 (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 RG31 (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 RG31 (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 RG31 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG31 postcode area since 1995.

Recent Sales in RG31 (Reading)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Harefield House, Pincents Lane, Tilehurst, Reading, West Berkshire, RG31 4UQ	£1,250,000	£1,240,000	-£10,000	06 Sep 2024	12 Feb 2025	159 Days
10 Linnet Close, Tilehurst, Reading, West Berkshire, RG31 4SR	£435,000	£420,000	-£15,000	02 Nov 2023	31 Jan 2025	456 Days
60 Brooksby Road, Tilehurst, Reading, RG31 6LY	£465,000	£465,000	£0	25 Nov 2024	23 Jan 2025	59 Days
38 Ullswater Drive, Tilehurst, Reading, West Berkshire, RG31 6RS	£650,000	£630,000	-£20,000	02 Sep 2024	22 Jan 2025	142 Days
35 Armour Hill, Tilehurst, Reading, RG31 6JP	£550,000	£545,000	-£5,000	09 Sep 2024	17 Jan 2025	130 Days
4 Hambleberry Court, Tilehurst, Reading, RG31 5HD	£220,000	£218,000	-£2,000	16 Apr 2024	07 Jan 2025	266 Days
15 Yew Tree Rise, Calcot, Reading, West Berkshire, RG31 4RQ	£375,000	£375,000	£0	20 Aug 2024	19 Dec 2024	121 Days
2 Shipton Close, Tilehurst, Reading, West Berkshire, RG31 6PE	£385,000	£385,000	£0	21 Jun 2024	17 Dec 2024	179 Days
3 Swanholm Gardens, Calcot, Reading, West Berkshire, RG31 7YB	£350,000	£345,000	-£5,000	17 Jul 2024	11 Dec 2024	147 Days
31 Porlock Place, Calcot, Reading, West Berkshire, RG31 7AR	£215,000	£215,000	£0	18 Jul 2024	09 Dec 2024	144 Days
1 Sandringham Way, Calcot, Reading, West Berkshire, RG31 4XA	£500,000	£490,000	-£10,000	25 May 2024	09 Dec 2024	198 Days
14 Ullswater Drive, Tilehurst, Reading, West Berkshire, RG31 6RS	£425,000	£420,000	-£5,000	27 Aug 2024	04 Dec 2024	99 Days
61 Yew Tree Rise, Calcot, Reading, West Berkshire, RG31 4RQ	£415,000	£405,000	-£10,000	02 Jul 2024	26 Nov 2024	147 Days
Flat 11, Lippincote Court, Oxford Road, Tilehurst, Reading, RG31 6TB	£235,000	£225,000	-£10,000	08 Nov 2023	15 Nov 2024	373 Days
44 Sweet Briar Drive, Calcot, Reading, West Berkshire, RG31 7AD	£300,000	£300,000	£0	31 May 2024	15 Nov 2024	168 Days
48 Warley Rise, Tilehurst, Reading, West Berkshire, RG31 6FR	£190,000	£185,000	-£5,000	04 Jul 2024	06 Nov 2024	125 Days
10 Longleat Drive, Tilehurst, Reading, West Berkshire, RG31 6YY	£800,000	£800,000	£0	27 Jun 2024	06 Nov 2024	132 Days
51 Chapel Hill, Tilehurst, Reading, RG31 5BT	£675,000	£660,000	-£15,000	26 Dec 2023	05 Nov 2024	315 Days
14 Corsham Road, Calcot, Reading, West Berkshire, RG31 7ZH	£215,000	£211,000	-£4,000	19 Jun 2024	01 Nov 2024	135 Days
2 Laytom Rise, Tilehurst, Reading, West Berkshire, RG31 6FQ	£575,000	£559,306	-£15,694	12 Feb 2024	22 Aug 2024	192 Days

Most Expensive Streets in RG31 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG31 7RF	The Old Orchard, Calcot	Reading	£943,333	3
RG31 6YW	Long Lane, Tilehurst	Reading	£861,714	7
RG31 7DR	Grangely Close, Calcot	Reading	£776,250	4
RG31 6JX	Oak Tree Road, Tilehurst	Reading	£765,000	4
RG31 6JU	Oak Tree Road, Tilehurst	Reading	£762,857	7
RG31 6YQ	Long Lane, Tilehurst	Reading	£756,100	5
RG31 6JY	Oak Tree Road, Tilehurst	Reading	£730,312	8
RG31 7RS	Mill Lane, Calcot	Reading	£724,000	7
RG31 5BP	Stoneham Park, Tilehurst	Reading	£713,916	30
RG31 6YF	Barbaras Meadow, Tilehurst	Reading	£706,750	4

Least Expensive Streets in RG31 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG31 7QD	Calcot Priory, Bath Road	Reading	£140,843	16
RG31 5JF	Sheppard Court, Chieveley Close	Reading	£165,950	20
RG31 6FU	Wyre Court, Tilehurst	Reading	£174,583	6
RG31 6JB	Wheeler Court, Tilehurst	Reading	£193,681	11
RG31 7AY	Caistor Close, Calcot	Reading	£197,716	8
RG31 5DB	Gate Lodge, Pegasus Court	Reading	£199,921	39
RG31 5HD	Hambleberry Court, Oak View	Reading	£209,666	3
RG31 6TB	Lippincote Court, Oxford Road	Reading	£212,900	5
RG31 5PA	Lower Elmstone Drive, Tilehurst	Reading	£215,800	5
RG31 6FA	Knowsley Road, Tilehurst	Reading	£218,000	3