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House Prices in RG4 House Prices in RG4 (Reading)

The average house price in RG4 (Reading) is £485,287 using HM Land Registry data.

The average property price increased by £121,217 (3.94%) over the last 5 years and increased by £24,288 (0.7%) over the last 12 months.

Over the last year, there were 460 residential property sales – a decrease of 94 transactions (-20.43%) relative to the previous year. The majority of house sales (124) were in the £300,000 - £430,000 range. Then came properties in the £430,000 - £560,000 range, where 100 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,644 (-3%).

In December 2024, there were 25 new estate agency instructions, 40 agreed home sales and 11 property price reductions.

Nearby Postcodes: GU15, GU19, GU46, GU47, HP14, OX10, OX11, OX12, OX49, RG1, RG10, RG12, RG14, RG17, RG18, RG19, RG2, RG20, RG26, RG27, RG30, RG31, RG40, RG41, RG42, RG45, RG5, RG6, RG7, RG8, RG9, SL4, SL5, SL6, SL7, SN6, SN8, SP11

5-Year Average Property Prices in RG4 (Reading)

3.94%

Property prices in RG4 (Reading) increased by 3.94% 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 RG4 (Reading) Over the Last Year

0.7%

Property prices in RG4 (Reading) increased by 0.7% 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 RG4 (Reading) - December 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 RG4 (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 RG4 (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 RG4 (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 RG4 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG4 postcode area since 1995.

Recent Sales in RG4 (Reading)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Berrylands Road, Caversham, Reading, RG4 8NU£599,950£582,000-£17,95012 Aug 202415 Nov 202495 Days
6 Tyler Close, Caversham, Reading, RG4 7JQ£485,000£485,000£004 Jun 202415 Nov 2024164 Days
14 Kingsway, Caversham, Reading, RG4 6RA£460,000£450,000-£10,00010 May 202431 Oct 2024174 Days
24 Dickens Close, Caversham, Reading, RG4 5LZ£325,000£325,000£008 Jul 202430 Oct 2024114 Days
5 Wychwood Close, Sonning Common, Reading, Oxfordshire, RG4 9SN£500,000£457,000-£43,00028 Mar 202429 Oct 2024215 Days
5 Lymington Gate, Caversham, Reading, RG4 7JT£465,000£457,000-£8,00021 May 202425 Oct 2024157 Days
167 Upper Woodcote Road, Caversham, Reading, RG4 7JR£1,195,000£1,100,000-£95,00017 May 202425 Oct 2024161 Days
36 St Johns Road, Caversham, Reading, RG4 5AL£315,000£310,000-£5,00017 May 202425 Oct 2024161 Days
48 Cromwell Road, Caversham, Reading, RG4 5EB£450,000£450,000£014 Jun 202424 Oct 2024132 Days
29 The Willows, Caversham, Reading, RG4 8BD£285,000£275,000-£10,00010 Jun 202423 Oct 2024135 Days
15 Queens Road, Caversham, Reading, RG4 8DN£350,000£345,000-£5,00009 Jul 202422 Oct 2024105 Days
64 Chiltern Road, Caversham, Reading, RG4 5JB£429,950£420,000-£9,95014 Jun 202421 Oct 2024129 Days
25 Send Road, Caversham, Reading, RG4 8EH£325,000£322,000-£3,00026 Feb 202418 Oct 2024235 Days
34 Old Bath Road, Sonning, Reading, Wokingham, RG4 6TA£1,000,000£1,000,000£025 Mar 202414 Oct 2024203 Days
30 Sheridan Avenue, Caversham, Reading, RG4 7QD£475,000£447,000-£28,00017 Apr 202411 Oct 2024177 Days
205 Kidmore Road, Caversham, Reading, RG4 7NW£799,950£785,000-£14,95021 Mar 202421 Aug 2024153 Days
5 Moss Close, Caversham, Reading, RG4 5HH£565,000£550,000-£15,00016 Feb 202416 Aug 2024182 Days
110 Mayfield Drive, Caversham, Reading, RG4 5JT£525,000£522,500-£2,50009 May 202416 Aug 202499 Days
83 Queensway, Caversham, Reading, RG4 6SJ£450,000£450,000£021 Mar 202409 Aug 2024141 Days
54 Matlock Road, Caversham, Reading, RG4 7BS£625,000£625,000£017 Apr 202409 Aug 2024114 Days

Most Expensive Streets in RG4 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG4 6TQOld Bath Road, SonningReading£1,656,2504
RG4 6THCharvil Lane, SonningReading£1,650,0003
RG4 7EBUpper Warren Avenue, CavershamReading£1,588,2857
RG4 6GEWest Drive, SonningReading£1,471,6663
RG4 9HGCane EndReading£1,394,6663
RG4 7TQThe Warren, CavershamReading£1,262,0008
RG4 9BBWood Lane, Kidmore EndReading£1,250,5004
RG4 9AYTokers Green Lane, Kidmore EndReading£1,235,0003
RG4 6URThames Street, SonningReading£1,220,0006
RG4 9ASChalkhouse Green Road, Kidmore EndReading£1,158,4005

Least Expensive Streets in RG4 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG4 6SFWhitby Court, CavershamReading£111,0833
RG4 7SNPriory Avenue, CavershamReading£136,16612
RG4 7RQThe Cloisters, CavershamReading£144,2995
RG4 8UQFishers Court, Peppard RoadReading£145,0005
RG4 7RHRegency Heights, CavershamReading£174,30010
RG4 8XYCavendish Court, Cavendish RoadReading£179,0003
RG4 8LQUnity Court, Emmer GreenReading£181,2504
RG4 8XBRosehill House, Peppard RoadReading£199,5006
RG4 5JXMillers Court, The CausewayReading£201,1254
RG4 8RRChiltern Court, St Barnabas RoadReading£201,6258

Explore RG4 (Reading) using map

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