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Thatcham House Prices Thatcham House Prices

The average house price in Thatcham is £339,230 using HM Land Registry data.

The average property price increased by £72,088 (23.13%) over the last 5 years and increased by £14,408 (3.9%) over the last 12 months.

Over the last year, there were 274 residential property sales – a decrease of 128 transactions (-46.72%) relative to the previous year. The majority of house sales (61) were in the £316,000 - £374,000 range. Then came properties in the £374,000 - £432,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,113 (-1%).

In April 2024, there were 51 new estate agency instructions, 31 agreed home sales and 26 property price reductions.

Neighbouring Areas: Newbury

Postcodes Covered: RG18, RG19

5-Year Average Property Prices in Thatcham

23.13%

Property prices in Thatcham increased by 23.13% 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 Thatcham Over the Last Year

3.9%

Property prices in Thatcham increased by 3.9% 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 Thatcham - 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 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 Thatcham

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 Thatcham

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 Thatcham

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 Thatcham since 1995

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

Recent Property Sales in Thatcham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Falmouth Way, Thatcham, West Berkshire, RG19 4GL£550,000£540,000-£10,00030 Sep 202320 Mar 2024172 Days
18 Adwood Court, Thatcham, West Berkshire, RG19 4ES£185,000£185,000£0017 Nov 202301 Mar 2024105 Days
39 Cowslip Crescent, Thatcham, West Berkshire, RG18 4DF£535,000£530,000-£5,00018 May 202323 Feb 2024281 Days
15 Ilkley Way, Thatcham, West Berkshire, RG19 3LG£425,000£400,000-£25,00007 Aug 202305 Feb 2024182 Days
7 Domoney Close, Thatcham, West Berkshire, RG19 4DY£220,000£215,000-£5,00006 Jun 202325 Jan 2024233 Days
17 Ashman Road, Thatcham, West Berkshire, RG19 4WD£465,000£460,000-£5,00017 May 202317 Jan 2024245 Days
41 Barfield Road, Thatcham, West Berkshire, RG18 3BL£399,950£399,950£0014 Aug 202312 Jan 2024151 Days
76 Northfield Road, Thatcham, West Berkshire, RG18 3ES£575,000£541,900-£33,10004 Oct 202311 Jan 202499 Days
1 Mill Reef Close, Thatcham, West Berkshire, RG19 3TU£325,000£324,000-£1,00008 Nov 202311 Jan 202464 Days
19 Gordon Road, Thatcham, West Berkshire, RG18 3DE£485,000£475,000-£10,00002 Aug 202310 Jan 2024161 Days
3 Pimpernel Place, Thatcham, West Berkshire, RG18 4EY£475,000£475,000£0023 Aug 202305 Jan 2024135 Days
73 Harts Hill Road, Thatcham, West Berkshire, RG18 4NU£625,000£600,000-£25,00028 Jul 202318 Dec 2023143 Days
81 Northfield Road, Thatcham, West Berkshire, RG18 3ER£335,000£327,500-£7,50007 Jul 202315 Dec 2023161 Days
18 Fyfield Road, Thatcham, West Berkshire, RG19 3XU£210,000£210,000£0005 Sep 202315 Dec 2023101 Days
9 The Hollands, Thatcham, West Berkshire, RG19 4LU£220,000£220,000£0015 Mar 202314 Dec 2023274 Days
28 Mayow Close, Thatcham, West Berkshire, RG19 4YH£425,000£420,000-£5,00013 Jul 202306 Dec 2023146 Days
286 Benham Hill, Thatcham, West Berkshire, RG18 3AJ£475,000£462,500-£12,50021 Apr 202301 Dec 2023224 Days
8 Poppy Drive, Thatcham, West Berkshire, RG18 4EF£300,000£285,000-£15,00018 Aug 202301 Dec 2023105 Days
87 Westfield Road, Thatcham, West Berkshire, RG18 3BT£395,000£385,000-£10,00011 May 202301 Dec 2023204 Days
38 Pound Lane, Thatcham, West Berkshire, RG19 3TQ£280,000£280,000£0004 May 202301 Dec 2023211 Days

Most Expensive Streets in Thatcham

PostcodeStreetAreaAverageNo. of Sales
RG18 9EPHenwickThatcham£1,498,3333
RG19 8DQWellingtonia DriveCrookham Common£912,50011
RG19 3PNChurch GateThatcham£674,1663
RG18 4BPBlackthorn DriveThatcham£628,3163
RG18 4DGWithybed WayThatcham£606,4586
RG18 4NUHarts Hill RoadThatcham£585,0003
RG18 4DTWoodavon GardensThatcham£572,3333
RG18 3HHBath RoadThatcham£569,1254
RG18 4NLThe GroveThatcham£568,3333
RG18 3PGPark LaneThatcham£567,5003

Least Expensive Streets in Thatcham

PostcodeStreetAreaAverageNo. of Sales
RG18 3HBTudor CourtBath Road£131,2504
RG19 4PWFerndale CourtThatcham£132,55817
RG18 4AEAlice Bye CourtBluecoats£136,3756
RG19 3TSTarn Howes CloseThatcham£163,3333
RG19 3UERedshank CourtThatcham£169,32912
RG18 4QJSt Thomas CourtThatcham£169,9378
RG19 3TFSaxon CourtThatcham£172,3256
RG19 4ESAdwood CourtThatcham£174,0005
RG18 4ERFennel CourtHawthorne Close£176,0006
RG19 3RAClerewater PlaceThatcham£184,3128

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