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House Prices in RG8 House Prices in RG8 (Reading)

The average house price in RG8 (Reading) is £699,730 using HM Land Registry data.

The average property price increased by £234,264 (3.8%) over the last 5 years and increased by £46,939 (0.67%) over the last 12 months.

Over the last year, there were 192 residential property sales – a decrease of 29 transactions (-15.10%) relative to the previous year. The majority of house sales (69) were in the £340,000 - £592,000 range. Then came properties in the £592,000 - £844,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 181 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-35,317 (-4%).

In February 2025, there were 31 new estate agency instructions, 23 agreed home sales and 20 property price reductions.

Nearby Postcodes: GU46, GU47, HP14, OX10, OX11, OX12, OX13, OX14, OX44, OX49, RG1, RG10, RG12, RG14, RG17, RG18, RG19, RG2, RG20, RG25, RG26, RG27, RG28, RG30, RG31, RG4, RG40, RG41, RG42, RG45, RG5, RG6, RG7, RG9, SL4, SL5, SL6, SL7, SP11

5-Year Average Property Prices in RG8 (Reading)

3.8%

Property prices in RG8 (Reading) increased by 3.8% 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 RG8 (Reading) Over the Last Year

0.67%

Property prices in RG8 (Reading) increased by 0.67% 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 RG8 (Reading) - February 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 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 RG8 (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 RG8 (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 RG8 (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 RG8 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG8 postcode area since 1995.

Recent Sales in RG8 (Reading)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Wood Green, Woodcote, Reading, Oxfordshire, RG8 0QQ£315,000£290,000-£25,00018 Jan 201713 Jan 20252917 Days
6 Elmcroft, Goring, Reading, Oxfordshire, RG8 9EU£850,000£825,000-£25,00018 Apr 202410 Jan 2025267 Days
35 Whitehouse Road, Woodcote, Reading, Oxfordshire, RG8 0SA£475,000£459,000-£16,00009 Sep 202416 Dec 202498 Days
5 Wallingford Road, South Stoke, Reading, Oxfordshire, RG8 0JD£465,000£457,500-£7,50020 May 202410 Dec 2024204 Days
12 Pennypiece, Goring, Reading, Oxfordshire, RG8 9BY£585,000£572,500-£12,50018 May 202406 Dec 2024202 Days
31 Croft Way, Woodcote, Reading, Oxfordshire, RG8 0RS£575,000£545,000-£30,00023 Jul 202405 Dec 2024135 Days
Firlea House, Beech Lane, Woodcote, Reading, Oxfordshire, RG8 0PX£900,000£870,000-£30,00013 May 202428 Nov 2024199 Days
Scythe House, Green Lane, Pangbourne, Reading, West Berkshire, RG8 7BG£2,950,000£2,815,000-£135,00023 Aug 202415 Nov 202484 Days
11 Shooters Hill, Pangbourne, Reading, West Berkshire, RG8 7DZ£850,000£845,000-£5,00010 May 202411 Nov 2024185 Days
4 Chiltern Walk, Pangbourne, Reading, West Berkshire, RG8 7LE£360,000£355,000-£5,00009 Aug 202401 Nov 202484 Days
2 Herons Farm Cottages, Pangbourne, Reading, West Berkshire, RG8 8PY£695,000£645,000-£50,00003 Jun 202425 Oct 2024144 Days
14 Chestnut Grove, Purley On Thames, Reading, West Berkshire, RG8 8BU£625,000£622,500-£2,50024 May 202425 Oct 2024154 Days
Fresh Winds, Kiln Corner, Upper Basildon, Reading, West Berkshire, RG8 8SP£895,000£850,000-£45,00028 Feb 202422 Oct 2024237 Days
8 Birchen Close, Woodcote, Reading, Oxfordshire, RG8 0SW£475,000£475,000£003 Jul 202416 Oct 2024105 Days
7 Skerritt Way, Purley On Thames, Reading, West Berkshire, RG8 8DD£600,000£600,000£028 Mar 202411 Oct 2024197 Days
8 Bowling Green Lane, Purley On Thames, Reading, West Berkshire, RG8 8EJ£485,000£480,000-£5,00003 Jun 202411 Oct 2024130 Days
Conifers, Bethesda Close, Upper Basildon, Reading, West Berkshire, RG8 8NX£700,000£655,000-£45,00024 May 202428 Sep 2024127 Days
20 Hazel Road, Purley On Thames, Reading, West Berkshire, RG8 8BB£800,000£800,000£028 Mar 202409 Aug 2024134 Days
58 Wintringham Way, Purley On Thames, Reading, West Berkshire, RG8 8BG£450,000£445,000-£5,00022 Jan 202406 Aug 2024197 Days
Summit, Goffs Hill, Crays Pond, Reading, Oxfordshire, RG8 7QD£935,000£900,000-£35,00003 Feb 202430 Jul 2024178 Days

Most Expensive Streets in RG8 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG8 7SRPot Kiln Lane, Goring HeathReading£2,469,5003
RG8 0BQHamilton Place, CheckendonReading£2,265,0003
RG8 9PGLower BasildonReading£2,210,0003
RG8 7BDFlowers Hill, PangbourneReading£1,941,6663
RG8 9LDWantage Road, StreatleyReading£1,895,8005
RG8 0DTElvendon Road, GoringReading£1,864,5836
RG8 0LLReading Road, GoringReading£1,825,0003
RG8 7AURiverview Road, PangbourneReading£1,643,1579
RG8 8RGAshampsteadReading£1,620,6663
RG8 7BGGreen Lane, PangbourneReading£1,600,0005

Least Expensive Streets in RG8 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG8 7HSCoach House Court, Reading RoadReading£126,7857
RG8 9DJWaltham Court, Mill RoadReading£195,2005
RG8 7AWWillows Court, PangbourneReading£196,3938
RG8 0EWQueens Court, GoringReading£249,8333
RG8 8EWSaunders Court, Purley On ThamesReading£253,3336
RG8 7LDKennedy Drive, PangbourneReading£261,6663
RG8 8EZTrenthams Close, Purley On ThamesReading£302,3005
RG8 7BNSycamore Court, PangbourneReading£315,7504
RG8 8TGLilac Close, Purley On ThamesReading£316,6663
RG8 7BJHartslock Court, Shooters HillReading£324,0005

Explore RG8 (Reading) using map

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