House Prices in RG1 House Prices in RG1 (Reading)

The average house price in RG1 (Reading) is £293,500 using HM Land Registry data.

The average property price increased by £2,987 (0.9%) over the last 5 years and increased by £597 (0.18%) over the last 12 months.

Over the last year, there were 410 residential property sales – a decrease of 180 transactions (-43.90%) relative to the previous year. The majority of house sales (103) were in the £288,000 - £342,000 range. Then came properties in the £234,000 - £288,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,740 (-3%).

In Apr 2026, there were 136 new estate agency instructions, 62 agreed home sales and 120 property price reductions.

5-Year Average Property Prices in RG1 (Reading)

0.9%

Property prices in RG1 (Reading) increased by 0.9% 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 RG1 (Reading) Over the Last Year

0.18%

Property prices in RG1 (Reading) increased by 0.18% 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 RG1 (Reading) - Apr 2026

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 RG1 (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 RG1 (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 RG1 (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 RG1 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG1 postcode area since 1995.

Recent Sales in RG1 (Reading)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
40 Franklin Street, Reading, RG1 7YA£399,950£396,000-£3,95001 Sep 202516 Feb 2026168 Days
80 Wolseley Street, Reading, RG1 6AY£280,000£260,000-£20,00014 Nov 202513 Feb 202691 Days
2 32 Platinum Apartments, Silver Street, Reading, RG1 2SJ£235,000£225,000-£10,00018 Sep 202513 Feb 2026148 Days
8 25 Lynton Court, Lynmouth Road, Reading, RG1 8DE£200,000£200,000£002 Jul 202511 Feb 2026224 Days
13 Baker Street, Reading, RG1 7XT£380,000£375,000-£5,00010 Sep 202509 Feb 2026152 Days
19 Foxhill Road, Reading, RG1 5QS£300,000£300,000£028 Aug 202530 Jan 2026155 Days
15 Tetbury Court, Prospect Street, Reading, RG1 7TR£180,000£175,000-£5,00018 Aug 202528 Jan 2026163 Days
65 Edgehill Street, Reading, RG1 2PU£300,000£294,000-£6,00030 Apr 202526 Jan 2026271 Days
77 Alpine Street, Reading, RG1 2PY£265,000£260,000-£5,00020 May 202523 Jan 2026248 Days
2 Selborne Court, Kings Road, Reading, RG1 3BW£350,000£340,000-£10,00006 Jun 202523 Jan 2026231 Days
3 West Green Court, Reading, RG1 6JZ£225,000£224,000-£1,00023 Jun 202523 Jan 2026214 Days
80 Watlington Street, Reading, RG1 4RT£300,000£300,000£009 May 202522 Jan 2026258 Days
17 Garnet Street, Reading, RG1 6BA£325,000£325,000£005 Sep 202519 Jan 2026136 Days
62 Brook Street West, Reading, RG1 6BB£295,000£289,000-£6,00020 Feb 202516 Jan 2026330 Days
44 Carnarvon Road, Reading, RG1 5SD£400,000£397,500-£2,50013 May 202516 Jan 2026248 Days
26 Junction Road, Reading, RG1 5SA£450,000£435,000-£15,00015 Jul 202516 Jan 2026185 Days
59 Capital Point, Temple Place, Reading, RG1 6QL£180,000£171,000-£9,00030 Apr 202516 Jan 2026261 Days
Flat 21, Halcyon, Chatham Place, Reading, RG1 7JW£300,000£296,000-£4,00016 May 202513 Jan 2026242 Days
15 Heron Way, Reading, RG1 6DY£425,000£420,000-£5,00004 Jun 202509 Jan 2026219 Days
22 De Montfort Road, Reading, RG1 8DL£475,000£447,000-£28,00013 Sep 202509 Jan 2026118 Days

Most Expensive Streets in RG1 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG1 5PPAlexandra RoadReading£821,6663
RG1 6HYBerkeley AvenueReading£756,9005
RG1 5HBLancaster CloseReading£721,7504
RG1 5JBMarlborough AvenueReading£701,6663
RG1 5SNCrescent RoadReading£690,1254
RG1 7RSJesse TerraceReading£661,8814
RG1 5PGAlexandra RoadReading£620,0003
RG1 5PSAlexandra RoadReading£618,3333
RG1 5PADenmark RoadReading£616,2504
RG1 3GRFilbert StreetReading£608,3577

Least Expensive Streets in RG1 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG1 6QHTalbot CourtReading£97,8628
RG1 5SJCrescent Court, Crescent RoadReading£114,3333
RG1 7RATilehurst RoadReading£115,0006
RG1 6HDCranford Mews, Berkeley AvenueReading£119,6874
RG1 6FJColey AvenueReading£131,1874
RG1 5DRAlpha House Flats, Kendrick RoadReading£136,9874
RG1 7LZAlleyne CloseReading£137,6254
RG1 7SXCastle HillReading£148,9163
RG1 4FFEast StreetReading£154,2005
RG1 7AAOxford House, CheapsideReading£157,0003

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