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House Prices in RG40 House Prices in RG40 (Wokingham)

The average house price in RG40 (Wokingham) is £540,879 using HM Land Registry data.

The average property price increased by £63,334 (4.2%) over the last 5 years and increased by £12,690 (0.74%) over the last 12 months.

Over the last year, there were 348 residential property sales – a decrease of 133 transactions (-38.22%) relative to the previous year. The majority of house sales (87) were in the £260,000 - £398,000 range. Then came properties in the £398,000 - £536,000 range, where 86 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 135 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-27,824 (-4%).

In Dec 24, there were 33 new estate agency instructions, 39 agreed home sales and 30 property price reductions.

Nearby Postcodes: GU10, GU15, GU17, GU19, GU34, GU46, GU47, GU51, OX11, OX12, RG1, RG10, RG12, RG14, RG17, RG18, RG19, RG2, RG20, RG21, RG22, RG23, RG24, RG25, RG26, RG27, RG28, RG29, RG30, RG31, RG4, RG41, RG42, RG45, RG5, RG6, RG7, RG8, RG9, SL4, SL5, SL6, SO21, SO24, SP11

5-Year Average Property Prices in RG40 (Wokingham)

4.2%

Property prices in Wokingham increased by 4.2% 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 RG40 (Wokingham) Over the Last Year

0.74%

Property prices in Wokingham increased by 0.74% 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 RG40 (Wokingham) - Dec 24

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 RG40 (Wokingham)

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 RG40 (Wokingham)

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 RG40 (Wokingham)

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 RG40 (Wokingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG40 postcode area since 1995.

Recent Sales in RG40 (Wokingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Manor Park Drive, Finchampstead, Wokingham, RG40 4XE£765,000£765,000£0030 Apr 202422 Nov 2024206 Days
29 Howard Road, Wokingham, RG40 2BX£450,000£447,500-£2,50018 Mar 202408 Nov 2024235 Days
20 Wescott Road, Wokingham, RG40 2ES£600,000£575,000-£25,00002 Aug 202408 Nov 202498 Days
371 Finchampstead Road, Finchampstead, Wokingham, RG40 3JU£590,000£550,000-£40,00019 Feb 202408 Nov 2024263 Days
30 Sandhurst Road, Finchampstead, Wokingham, RG40 3JD£900,000£820,000-£80,00016 Mar 202407 Nov 2024236 Days
2 Harmar Close, Wokingham, RG40 1SG£625,000£605,000-£20,00013 May 202401 Nov 2024172 Days
49 Ashdale Park, Finchampstead, Wokingham, RG40 3QS£785,000£755,000-£30,00018 Jun 202401 Nov 2024136 Days
60 Dowles Green, Wokingham, RG40 5AB£380,000£370,000-£10,00006 Jun 202431 Oct 2024147 Days
11 Ashdale Park, Finchampstead, Wokingham, RG40 3QS£1,000,000£1,000,000£0011 Jul 202429 Oct 2024110 Days
60 Gipsy Lane, Wokingham, RG40 2BS£650,000£650,000£0020 Mar 202425 Oct 2024219 Days
25 Manor Park Drive, Finchampstead, Wokingham, RG40 4XE£775,000£750,000-£25,00009 Aug 202423 Oct 202475 Days
7a, Foxcote, Finchampstead, Wokingham, RG40 3PG£585,000£570,000-£15,00024 May 202418 Oct 2024147 Days
32 Sturges Road, Wokingham, RG40 2HE£680,000£630,000-£50,00020 Jun 202411 Oct 2024113 Days
30 All Saints Close, Wokingham, RG40 1WE£775,000£750,000-£25,00002 May 202410 Oct 2024161 Days
50 Nash Grove Lane, Finchampstead, Wokingham, RG40 4HD£610,000£590,000-£20,00007 May 202409 Oct 2024155 Days
10 Buckhurst Grove, Wokingham, RG40 2JR£1,350,000£1,280,000-£70,00004 Mar 202409 Aug 2024158 Days
39 Woodrow Drive, Wokingham, RG40 1RX£525,000£495,000-£30,00013 Feb 202407 Aug 2024176 Days
53 Langborough Road, Wokingham, RG40 2BU£400,000£390,000-£10,00007 Feb 202406 Aug 2024181 Days
11 Fir Cottage Road, Finchampstead, Wokingham, RG40 4RY£750,000£685,000-£65,00003 May 202402 Aug 202491 Days
34 Trefoil Close, Wokingham, RG40 5YQ£750,000£747,500-£2,50023 Mar 202401 Aug 2024131 Days

Most Expensive Streets in RG40 (Wokingham)

PostcodeStreetAreaAverageNo. of Sales
RG40 3QRHollybush Ride, FinchampsteadWokingham£1,746,6663
RG40 2DHSouth DriveWokingham£1,717,3333
RG40 2HSSouthlands RoadWokingham£1,518,4005
RG40 3QNHeath Ride, FinchampsteadWokingham£1,436,6663
RG40 3QPHollybush Ride, FinchampsteadWokingham£1,297,5004
RG40 2DBCrescent RoadWokingham£1,283,3333
RG40 2JRBuckhurst GroveWokingham£1,271,6663
RG40 3HYWildcroft DriveWokingham£1,249,0003
RG40 3QJHeath Ride, FinchampsteadWokingham£1,121,5008
RG40 3HSFinchampstead RoadWokingham£1,116,6663

Least Expensive Streets in RG40 (Wokingham)

PostcodeStreetAreaAverageNo. of Sales
RG40 2DYLanden Court, Finchampstead RoadWokingham£165,6005
RG40 1APSwift House, Market PlaceWokingham£193,2857
RG40 1EQAcorn DriveWokingham£194,67229
RG40 2LJBurford Court, Rances LaneWokingham£209,8889
RG40 1EUAcorn DriveWokingham£210,0008
RG40 2DPGrainford Court, Crescent RoadWokingham£217,6663
RG40 1GQMulberry House, Osborne RoadWokingham£225,2504
RG40 1BHShute EndWokingham£227,1666
RG40 2AAElms RoadWokingham£228,00010
RG40 2NWAscot House, Finchampstead RoadWokingham£244,57613

Explore RG40 (Wokingham) using map

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