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Caversham House Prices Caversham House Prices

The average house price in Caversham is £524,446 using HM Land Registry data.

The average property price increased by £127,745 (29.16%) over the last 5 years and increased by £25,531 (4.73%) over the last 12 months.

Over the last year, there were 385 residential property sales – a decrease of 115 transactions (-29.87%) relative to the previous year. The majority of house sales (103) were in the £424,000 - £558,000 range. Then came properties in the £290,000 - £424,000 range, where 100 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,299 (-3%).

In April 2024, there were 79 new estate agency instructions, 53 agreed home sales and 31 property price reductions.

Neighbouring Areas: Reading

Postcodes Covered: RG4

5-Year Average Property Prices in Caversham

29.16%

Property prices in Caversham increased by 29.16% 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 Caversham Over the Last Year

4.73%

Property prices in Caversham increased by 4.73% 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 Caversham - 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 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 Caversham

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 Caversham

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 Caversham

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 Caversham since 1995

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

Recent Property Sales in Caversham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
114 Meadow Way, Caversham, Reading, RG4 5LY£260,000£260,000£0012 Dec 202321 Mar 2024100 Days
9 Montpelier Drive, Caversham, Reading, RG4 6QA£450,000£450,000£0016 Aug 202328 Feb 2024196 Days
60 George Street, Caversham, Reading, RG4 8DH£295,000£280,000-£15,00002 Aug 202319 Feb 2024201 Days
Flat 24, Chiltern Court, St Barnabas Road, Emmer Green, Reading, RG4 8RR£165,000£163,000-£2,00003 Aug 202315 Feb 2024196 Days
69 Abbotsmead Place, Caversham, Reading, RG4 8BB£315,000£308,000-£7,00026 Jun 202302 Feb 2024221 Days
65 Sheridan Avenue, Caversham, Reading, RG4 7QB£260,000£250,000-£10,00019 Jul 202302 Feb 2024198 Days
55 Conisboro Avenue, Caversham, Reading, RG4 7JF£675,000£650,000-£25,00031 Jul 202326 Jan 2024179 Days
10 Haldane Road, Caversham, Reading, RG4 7PS£600,000£585,000-£15,00017 Oct 202322 Jan 202497 Days
14 Framlingham Drive, Caversham, Reading, RG4 6RE£359,995£359,950-£4504 Sep 202315 Jan 2024133 Days
181 Henley Road, Caversham, Reading, RG4 6LH£550,000£525,000-£25,00025 Aug 202312 Jan 2024140 Days
35 Rotherfield Way, Emmer Green, Reading, RG4 8PJ£550,000£550,000£0018 Sep 202305 Jan 2024109 Days
23 Donegal Close, Caversham, Reading, RG4 5DT£375,000£358,000-£17,00021 Sep 202304 Jan 2024105 Days
19 Whitby Green, Caversham, Reading, RG4 6SL£380,000£360,000-£20,00002 Oct 202320 Dec 202379 Days
21 Brill Close, Caversham, Reading, RG4 7RD£448,000£425,000-£23,00018 Sep 202315 Dec 202388 Days
88 Knights Way, Emmer Green, Reading, RG4 8RH£575,000£552,000-£23,00008 Aug 202311 Dec 2023125 Days
327 Gosbrook Road, Caversham, Reading, RG4 8DY£399,950£395,000-£4,95023 Aug 202311 Dec 2023110 Days
43 Patrick Road, Caversham, Reading, RG4 8DD£575,000£575,000£0011 Aug 202308 Dec 2023119 Days
32 Queensway, Caversham, Reading, RG4 6SQ£435,000£435,000£0020 Sep 202308 Dec 202379 Days
28 Highdown Avenue, Emmer Green, Reading, RG4 8QS£995,000£995,000£0021 Aug 202306 Dec 2023107 Days
52 Albert Road, Caversham, Reading, RG4 7PF£995,000£952,000-£43,00014 Jun 202301 Dec 2023170 Days

Most Expensive Streets in Caversham

PostcodeStreetAreaAverageNo. of Sales
RG4 7EBUpper Warren AvenueCaversham£1,710,6005
RG4 7RUThe MountCaversham£1,107,6616
RG4 7PHSt Andrews RoadCaversham£1,071,6663
RG4 7TQThe WarrenCaversham£1,061,60010
RG4 7LRKidmore RoadCaversham£1,047,6258
RG4 7DDSt Peters AvenueCaversham£1,011,50010
RG4 7NXDellwood ParkCaversham£1,006,4287
RG4 7DSChazey RoadCaversham£994,0004
RG4 7NBKidmore RoadCaversham£985,0006
RG4 7DTBalliol RoadCaversham£951,6663

Least Expensive Streets in Caversham

PostcodeStreetAreaAverageNo. of Sales
RG4 6SFWhitby CourtCaversham£111,0833
RG4 7RQThe CloistersCaversham£138,3734
RG4 8UQFishers CourtPeppard Road£147,5007
RG4 7AQWoodrow CourtCaversham£158,3333
RG4 7SNPriory AvenueCaversham£162,6669
RG4 7RHRegency HeightsCaversham£168,00011
RG4 8LQUnity CourtEmmer Green£177,1663
RG4 8XYCavendish CourtCavendish Road£179,0003
RG4 7AZBlossom RoadCaversham£192,5504
RG4 8XBRosehill HousePeppard Road£199,3336

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