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Burghfield Common House Prices Burghfield Common House Prices

The average house price in Burghfield Common is £385,000 using HM Land Registry data.

The average property price increased by £80,812 (18.85%) over the last 5 years and increased by £16,151 (3.27%) over the last 12 months.

Over the last year, there were 52 residential property sales – a decrease of 27 transactions (-51.92%) relative to the previous year. The majority of house sales (12) were in the £408,000 - £482,000 range. Then came properties in the £334,000 - £408,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,930 (-3%).

In April 2024, there were 26 new estate agency instructions, 15 agreed home sales and 4 property price reductions.

Postcodes Covered: RG7

5-Year Average Property Prices in Burghfield Common

18.85%

Property prices in Burghfield Common increased by 18.85% 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 Burghfield Common Over the Last Year

3.27%

Property prices in Burghfield Common increased by 3.27% 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 Burghfield Common - April 2024

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 Burghfield Common

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 Burghfield Common

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 Burghfield Common

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 Burghfield Common since 1995

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

Recent Property Sales in Burghfield Common

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Valley Road, Burghfield Common, Reading, West Berkshire, RG7 3NF£455,000£425,000-£30,00009 Aug 202306 Mar 2024210 Days
88 Hollybush Lane, Burghfield Common, Reading, West Berkshire, RG7 3JS£400,000£380,000-£20,00030 Aug 202322 Jan 2024145 Days
16 Anstey Place, Burghfield Common, Reading, West Berkshire, RG7 3NQ£399,950£385,000-£14,95018 May 202320 Dec 2023216 Days
56 Hollybush Lane, Burghfield Common, Reading, West Berkshire, RG7 3JR£390,000£390,000£0020 Apr 202315 Nov 2023209 Days
12 Anstey Place, Burghfield Common, Reading, West Berkshire, RG7 3NQ£270,000£265,000-£5,00024 May 202310 Nov 2023170 Days
30 Pine Ridge Road, Burghfield Common, Reading, West Berkshire, RG7 3ND£465,000£445,000-£20,00003 Nov 202203 Nov 2023365 Days
4 Hollybush Lane, Burghfield Common, Reading, West Berkshire, RG7 3JL£580,000£545,000-£35,00020 Jun 202326 Oct 2023128 Days
10 Reading Road, Burghfield Common, Reading, West Berkshire, RG7 3QA£475,000£460,000-£15,00013 Apr 202316 Oct 2023186 Days
32 Sandbrooke Walk, Burghfield Common, Reading, West Berkshire, RG7 3HX£340,000£325,000-£15,00028 Feb 202329 Sep 2023213 Days
11 Southwood Gardens, Burghfield Common, Reading, West Berkshire, RG7 3HY£425,000£415,000-£10,00027 Jun 202328 Sep 202393 Days
7 Loves Close, Burghfield Common, Reading, West Berkshire, RG7 3NE£550,000£533,000-£17,00021 Apr 202324 Aug 2023125 Days
22 Horseshoe Crescent, Burghfield Common, Reading, West Berkshire, RG7 3XW£325,000£325,000£0002 Jun 202311 Aug 202370 Days
9 Great Auclum Place, Burghfield Common, Reading, West Berkshire, RG7 3ED£575,000£562,000-£13,00002 Feb 202324 Jul 2023172 Days
Woodleigh, Bunces Lane, Burghfield Common, Reading, West Berkshire, RG7 3DG£800,000£760,000-£40,00031 Mar 202321 Jul 2023112 Days
22a, Three Firs Way, Burghfield Common, Reading, West Berkshire, RG7 3QH£240,000£240,000£0018 Jan 202318 Jul 2023181 Days
11 Myrtle Close, Burghfield Common, Reading, West Berkshire, RG7 3DQ£425,000£425,000£0023 Dec 202213 Jul 2023202 Days
4 Tanners Close, Burghfield Common, Reading, West Berkshire, RG7 3JQ£700,000£700,000£0006 Apr 202305 Jul 202390 Days
3 Field Close, Burghfield Common, Reading, West Berkshire, RG7 3YZ£475,000£460,000-£15,00024 Feb 202329 Jun 2023125 Days
14 Pine Ridge Road, Burghfield Common, Reading, West Berkshire, RG7 3ND£475,000£460,000-£15,00002 Jul 202222 Jun 2023355 Days
29 Horseshoe Crescent, Burghfield Common, Reading, West Berkshire, RG7 3XW£350,000£345,000-£5,00006 Oct 202222 Jun 2023259 Days

Most Expensive Streets in Burghfield Common

PostcodeStreetAreaAverageNo. of Sales
RG7 3JFOak DriveBurghfield Common£831,6663
RG7 3BHThe OaksReading Road£785,2504
RG7 3YXChervil WayBurghfield Common£771,4005
RG7 3EFBluebell DriveBurghfield Common£668,4754
RG7 3ZHRegis Manor RoadBurghfield Common£650,61216
RG7 3YUTarragon WayBurghfield Common£587,5004
RG7 3EBNagle CloseBurghfield Common£581,2504
RG7 3JLHollybush LaneBurghfield Common£580,0003
RG7 3LSBirch RoadBurghfield Common£579,1663
RG7 3DLBunces LaneBurghfield Common£573,9005

Least Expensive Streets in Burghfield Common

PostcodeStreetAreaAverageNo. of Sales
RG7 3HLHunters HillBurghfield Common£152,8333
RG7 3YPHighfield CourtBurghfield Common£231,70010
RG7 3HJOmers RiseBurghfield Common£271,6663
RG7 3QJThree Firs WayBurghfield Common£288,5003
RG7 3HNHunters HillBurghfield Common£295,8754
RG7 3XWHorseshoe CrescentBurghfield Common£301,93517
RG7 3NJStable CloseBurghfield Common£302,2504
RG7 3NQAnstey PlaceBurghfield Common£307,4166
RG7 3PGThrush CloseBurghfield Common£321,6874
RG7 3HXSandbrooke WalkBurghfield Common£329,1663

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