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House Prices in RG7

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.

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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Gravel Pit Cottage, Union Road, Bradfield, Reading, West Berkshire, RG7 6AF	£600,000	£558,386	-£41,614	07 Nov 2024	21 Feb 2025	106 Days
199 Hyde End Road, Spencers Wood, Reading, Wokingham, RG7 1BU	£645,000	£632,500	-£12,500	23 Sep 2024	20 Feb 2025	150 Days
19 Clayhill Road, Burghfield Common, Reading, West Berkshire, RG7 3HB	£525,000	£509,000	-£16,000	23 Apr 2024	11 Feb 2025	294 Days
33 Swallowfield Park, Swallowfield, Reading, Wokingham, RG7 1TG	£275,000	£255,000	-£20,000	25 Apr 2016	03 Feb 2025	3206 Days
4 Swallowfield Gardens, Theale, Reading, West Berkshire, RG7 5AD	£375,000	£375,000	£0	02 May 2024	27 Jan 2025	270 Days
Oates Cottage, Goring Lane, Goddards Green, Reading, West Berkshire, RG7 3AY	£675,000	£650,000	-£25,000	03 Jun 2024	21 Jan 2025	232 Days
11 Reading Road, Burghfield Common, Reading, West Berkshire, RG7 3PY	£400,000	£382,260	-£17,740	22 Jul 2024	20 Jan 2025	182 Days
Watchmakers, Southend Road, Bradfield Southend, Reading, West Berkshire, RG7 6ES	£650,000	£650,000	£0	19 Aug 2024	17 Jan 2025	151 Days
42 Clements Close, Spencers Wood, Reading, Wokingham, RG7 1HJ	£350,000	£349,000	-£1,000	23 Oct 2024	15 Jan 2025	84 Days
18 Groves Lea, Mortimer, Reading, West Berkshire, RG7 3SR	£475,000	£475,000	£0	16 Oct 2024	13 Jan 2025	89 Days
53 Normoor Road, Burghfield Common, Reading, West Berkshire, RG7 3QQ	£425,000	£425,000	£0	09 Aug 2024	10 Jan 2025	154 Days
42 Grazeley Road, Three Mile Cross, Reading, Wokingham, RG7 1BJ	£460,000	£440,000	-£20,000	23 Aug 2024	10 Jan 2025	140 Days
Rosebank, Kings Road, Silchester, Reading, Hampshire, RG7 2NR	£500,000	£470,000	-£30,000	03 Jun 2024	10 Jan 2025	221 Days
1 Montgomery Drive, Spencers Wood, Reading, Wokingham, RG7 1BQ	£370,000	£370,000	£0	27 Sep 2024	03 Jan 2025	98 Days
4 Bloomfieldhatch Lane, Grazeley, Reading, West Berkshire, RG7 1JW	£650,000	£635,000	-£15,000	11 Apr 2024	20 Dec 2024	253 Days
14 St Johns Road, Mortimer Common, Reading, West Berkshire, RG7 3TR	£800,000	£765,000	-£35,000	17 Jul 2024	16 Dec 2024	152 Days
81 West End Road, Mortimer Common, Reading, West Berkshire, RG7 3TJ	£525,000	£515,000	-£10,000	13 Jun 2024	16 Dec 2024	186 Days
39 Kingfisher Grove, Three Mile Cross, Reading, Wokingham, RG7 1RA	£360,000	£360,000	£0	13 Aug 2024	13 Dec 2024	122 Days
32 Englefield Road, Theale, Reading, West Berkshire, RG7 5AS	£575,000	£575,000	£0	02 Sep 2024	11 Dec 2024	100 Days
15 Goodwood Close, Burghfield Common, Reading, West Berkshire, RG7 3EZ	£650,000	£640,000	-£10,000	29 Apr 2024	06 Dec 2024	221 Days

Most Expensive Streets in RG7 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG7 1TB	Part Lane	Reading	£1,740,000	3
RG7 6QB	Broad Lane, Chapel Row	Reading	£1,375,000	4
RG7 2NU	Pamber Road	Reading	£1,187,500	4
RG7 6JZ	Jennetts Close, Tutts Clump	Reading	£1,177,052	3
RG7 6JP	Southend	Reading	£1,150,000	3
RG7 1PY	Basingstoke Road	Reading	£1,102,992	5
RG7 6PB	Broad Lane, Chapel Row	Reading	£1,068,333	6
RG7 4RZ	Brimpton Common	Reading	£1,040,625	4
RG7 4DA	Sulhamstead Hill, Sulhamstead	Reading	£1,035,000	3
RG7 3SZ	St Johns Close, Mortimer Common	Reading	£989,333	3

Least Expensive Streets in RG7 (Reading)

Postcode	Street	Area	Average	No. of Sales
RG7 3HL	Hunters Hill, Burghfield Common	Reading	£152,833	3
RG7 5AJ	Brewery Court, Theale	Reading	£171,666	3
RG7 1PB	Great Lea Terrace, Mereoak Lane	Reading	£186,737	4
RG7 3SW	Badgers Croft, Victoria Road	Reading	£187,800	10
RG7 1TG	Swallowfield Park, Church Road	Reading	£189,700	10
RG7 5RD	Watermill Court, Bath Road	Reading	£195,511	18
RG7 3FJ	Glenapp Grange, Mortimer Common	Reading	£199,833	6
RG7 5JQ	Stoneleigh Court, The Green	Reading	£202,500	4
RG7 5BH	Andrews Close, Theale	Reading	£218,333	3
RG7 1QF	Waterloo House, Basingstoke Road	Reading	£219,500	7