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Shinfield House Prices Shinfield House Prices

The average house price in Shinfield is £387,500 using HM Land Registry data.

The average property price increased by £77,485 (17.83%) over the last 5 years and increased by £15,486 (3.12%) over the last 12 months.

Over the last year, there were 58 residential property sales – a decrease of 107 transactions (-184.48%) relative to the previous year. The majority of house sales (19) were in the £470,000 - £550,000 range. Then came properties in the £390,000 - £470,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 34 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,253 (-3%).

In April 2024, there were 24 new estate agency instructions, 5 agreed home sales and 5 property price reductions.

Neighbouring Areas: Reading, Spencers Wood and Three Mile Cross

Postcodes Covered: RG2

5-Year Average Property Prices in Shinfield

17.83%

Property prices in Shinfield increased by 17.83% 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 Shinfield Over the Last Year

3.12%

Property prices in Shinfield increased by 3.12% 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.

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 Shinfield - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Shinfield

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 Shinfield

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 Shinfield

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 Shinfield since 1995

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

Recent Property Sales in Shinfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Ilbury Close, Shinfield, Reading, Wokingham, RG2 9DE£525,000£520,000-£5,00028 Apr 202315 Nov 2023201 Days
7a, Arborfield Road, Shinfield, Reading, Wokingham, RG2 9DY£269,500£267,000-£2,50023 Mar 202326 Sep 2023187 Days
20 The Manor, Shinfield, Reading, Wokingham, RG2 9DP£1,150,000£1,150,000£0026 Apr 202304 Sep 2023131 Days
14 Grenadier Close, Shinfield, Reading, Wokingham, RG2 9EZ£835,000£835,000£0027 Mar 202304 Aug 2023130 Days
3 Lane End Close, Shinfield, Reading, Wokingham, RG2 9AS£650,000£610,000-£40,00011 Nov 202230 Jun 2023231 Days
38 Wheatfields Road, Shinfield, Reading, Wokingham, RG2 9DG£425,000£425,000£0006 Feb 202310 May 202393 Days
Stockmans Cottage, Church Lane, Shinfield, Reading, Wokingham, RG2 9BY£400,000£400,000£0017 Feb 202302 May 202374 Days
19 Deardon Way, Shinfield, Reading, Wokingham, RG2 9HE£500,000£495,000-£5,00023 Sep 202221 Apr 2023210 Days
8 Mandarin Road, Shinfield, Reading, Wokingham, RG2 9AT£750,000£740,000-£10,00030 Nov 202206 Apr 2023127 Days
Ivydeane Villa, 17, Arborfield Road, Shinfield, Reading, Wokingham, RG2 9DY£475,000£470,000-£5,00031 Aug 202215 Mar 2023196 Days
77 Oatlands Road, Shinfield, Reading, Wokingham, RG2 9DN£725,000£710,000-£15,00028 May 202217 Feb 2023265 Days
7 Monarch Drive, Shinfield, Reading, Wokingham, RG2 9EW£725,000£682,000-£43,00024 Aug 202216 Jan 2023145 Days
29 Songbird Close, Shinfield, Reading, Wokingham, RG2 9AB£275,000£270,000-£5,00028 Jul 202206 Jan 2023162 Days
2 Kendall Avenue, Shinfield, Reading, Wokingham, RG2 9AR£620,000£620,000£0003 Aug 202205 Jan 2023155 Days
2 Mimosa Drive, Shinfield, Reading, Wokingham, RG2 9AQ£960,000£930,000-£30,00028 Oct 202114 Dec 2022412 Days
8 Grenadier Close, Shinfield, Reading, Wokingham, RG2 9EZ£975,000£910,000-£65,00005 Sep 202214 Dec 2022100 Days
21 Monarch Drive, Shinfield, Reading, Wokingham, RG2 9EW£675,000£675,000£0016 May 202204 Nov 2022172 Days
19 Grenadier Close, Shinfield, Reading, Wokingham, RG2 9EZ£950,000£925,000-£25,00027 Jun 202228 Oct 2022123 Days
80 Oatlands Road, Shinfield, Reading, Wokingham, RG2 9DN£500,000£485,000-£15,00023 Feb 202230 Sep 2022219 Days
24 Cutbush Lane West, Shinfield, Reading, Wokingham, RG2 9AH£475,000£475,000£0010 Jun 202221 Sep 2022103 Days

Most Expensive Streets in Shinfield

PostcodeStreetAreaAverageNo. of Sales
RG2 9HQHolder CloseShinfield£818,3333
RG2 9DPThe ManorShinfield£815,0005
RG2 9EZGrenadier CloseShinfield£806,2508
RG2 9BXBrookers HillShinfield£770,0005
RG2 9GDFirethornShinfield£640,0007
RG2 9SDFarmer CourtShinfield£623,00011
RG2 9BYChurch LaneShinfield£595,0006
RG2 9AQMimosa DriveShinfield£578,3333
RG2 9DNOatlands RoadShinfield£566,96113
RG2 9ASLane End CloseShinfield£562,5004

Least Expensive Streets in Shinfield

PostcodeStreetAreaAverageNo. of Sales
RG2 9ETFuchsia GroveShinfield£240,8754
RG2 9EESchool GreenShinfield£262,5003
RG2 9HAChestnut CrescentShinfield£288,5004
RG2 9HHScobell CloseShinfield£328,0005
RG2 9DXHollow LaneShinfield£341,8333
RG2 9ADSkylark WayShinfield£351,57819
RG2 9RQBeales GroveShinfield£360,0003
RG2 9SGPottinger CloseShinfield£362,6663
RG2 9RDBolton DriveShinfield£370,93953
RG2 9DTSeymour AvenueShinfield£371,2504

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