House Prices in RG7 House Prices in RG7 (Reading)

The average house price in RG7 (Reading) is £417,000 using HM Land Registry data.

The average property price increased by £56,334 (12.8%) over the last 5 years and increased by £11,259 (2.12%) over the last 12 months.

Over the last year, there were 329 residential property sales – a decrease of 18 transactions (-5.47%) relative to the previous year. The majority of house sales (95) were in the £364,000 - £478,000 range. Then came properties in the £478,000 - £592,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,897 (-2%).

In May 2025, there were 100 new estate agency instructions, 80 agreed home sales and 75 property price reductions.

5-Year Average Property Prices in RG7 (Reading)

12.8%

Property prices in RG7 (Reading) increased by 12.8% 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 RG7 (Reading) Over the Last Year

2.12%

Property prices in RG7 (Reading) increased by 2.12% 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 RG7 (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 RG7 (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 RG7 (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 RG7 (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 RG7 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG7 postcode area since 1995.

Recent Sales in RG7 (Reading)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Gravel Pit Cottage, Union Road, Bradfield, Reading, West Berkshire, RG7 6AF£600,000£558,386-£41,61407 Nov 202421 Feb 2025106 Days
199 Hyde End Road, Spencers Wood, Reading, Wokingham, RG7 1BU£645,000£632,500-£12,50023 Sep 202420 Feb 2025150 Days
19 Clayhill Road, Burghfield Common, Reading, West Berkshire, RG7 3HB£525,000£509,000-£16,00023 Apr 202411 Feb 2025294 Days
33 Swallowfield Park, Swallowfield, Reading, Wokingham, RG7 1TG£275,000£255,000-£20,00025 Apr 201603 Feb 20253206 Days
4 Swallowfield Gardens, Theale, Reading, West Berkshire, RG7 5AD£375,000£375,000£002 May 202427 Jan 2025270 Days
Oates Cottage, Goring Lane, Goddards Green, Reading, West Berkshire, RG7 3AY£675,000£650,000-£25,00003 Jun 202421 Jan 2025232 Days
11 Reading Road, Burghfield Common, Reading, West Berkshire, RG7 3PY£400,000£382,260-£17,74022 Jul 202420 Jan 2025182 Days
Watchmakers, Southend Road, Bradfield Southend, Reading, West Berkshire, RG7 6ES£650,000£650,000£019 Aug 202417 Jan 2025151 Days
42 Clements Close, Spencers Wood, Reading, Wokingham, RG7 1HJ£350,000£349,000-£1,00023 Oct 202415 Jan 202584 Days
18 Groves Lea, Mortimer, Reading, West Berkshire, RG7 3SR£475,000£475,000£016 Oct 202413 Jan 202589 Days
53 Normoor Road, Burghfield Common, Reading, West Berkshire, RG7 3QQ£425,000£425,000£009 Aug 202410 Jan 2025154 Days
42 Grazeley Road, Three Mile Cross, Reading, Wokingham, RG7 1BJ£460,000£440,000-£20,00023 Aug 202410 Jan 2025140 Days
Rosebank, Kings Road, Silchester, Reading, Hampshire, RG7 2NR£500,000£470,000-£30,00003 Jun 202410 Jan 2025221 Days
1 Montgomery Drive, Spencers Wood, Reading, Wokingham, RG7 1BQ£370,000£370,000£027 Sep 202403 Jan 202598 Days
4 Bloomfieldhatch Lane, Grazeley, Reading, West Berkshire, RG7 1JW£650,000£635,000-£15,00011 Apr 202420 Dec 2024253 Days
14 St Johns Road, Mortimer Common, Reading, West Berkshire, RG7 3TR£800,000£765,000-£35,00017 Jul 202416 Dec 2024152 Days
81 West End Road, Mortimer Common, Reading, West Berkshire, RG7 3TJ£525,000£515,000-£10,00013 Jun 202416 Dec 2024186 Days
39 Kingfisher Grove, Three Mile Cross, Reading, Wokingham, RG7 1RA£360,000£360,000£013 Aug 202413 Dec 2024122 Days
32 Englefield Road, Theale, Reading, West Berkshire, RG7 5AS£575,000£575,000£002 Sep 202411 Dec 2024100 Days
15 Goodwood Close, Burghfield Common, Reading, West Berkshire, RG7 3EZ£650,000£640,000-£10,00029 Apr 202406 Dec 2024221 Days

Most Expensive Streets in RG7 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG7 1TBPart LaneReading£1,740,0003
RG7 6QBBroad Lane, Chapel RowReading£1,375,0004
RG7 2NUPamber RoadReading£1,187,5004
RG7 6JZJennetts Close, Tutts ClumpReading£1,177,0523
RG7 6JPSouthendReading£1,150,0003
RG7 1PYBasingstoke RoadReading£1,102,9925
RG7 6PBBroad Lane, Chapel RowReading£1,068,3336
RG7 4RZBrimpton CommonReading£1,040,6254
RG7 4DASulhamstead Hill, SulhamsteadReading£1,035,0003
RG7 3SZSt Johns Close, Mortimer CommonReading£989,3333

Least Expensive Streets in RG7 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG7 3HLHunters Hill, Burghfield CommonReading£152,8333
RG7 5AJBrewery Court, ThealeReading£171,6663
RG7 1PBGreat Lea Terrace, Mereoak LaneReading£186,7374
RG7 3SWBadgers Croft, Victoria RoadReading£187,80010
RG7 1TGSwallowfield Park, Church RoadReading£189,70010
RG7 5RDWatermill Court, Bath RoadReading£195,51118
RG7 3FJGlenapp Grange, Mortimer CommonReading£199,8336
RG7 5JQStoneleigh Court, The GreenReading£202,5004
RG7 5BHAndrews Close, ThealeReading£218,3333
RG7 1QFWaterloo House, Basingstoke RoadReading£219,5007

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