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House Prices in RG41 House Prices in RG41 (Wokingham)

The average house price in RG41 (Wokingham) is £590,592 using HM Land Registry data.

The average property price increased by £107,658 (6%) over the last 5 years and increased by £21,571 (1.05%) over the last 12 months.

Over the last year, there were 362 residential property sales – a decrease of 83 transactions (-22.93%) relative to the previous year. The majority of house sales (92) were in the £380,000 - £490,000 range. Then came properties in the £490,000 - £600,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 133 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,727 (-3%).

In December 2024, there were 31 new estate agency instructions, 35 agreed home sales and 20 property price reductions.

Nearby Postcodes: GU10, GU17, 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, RG4, RG40, RG42, RG45, RG5, RG6, RG7, RG8, RG9, SL6, SO21, SO24, SP11

5-Year Average Property Prices in RG41 (Wokingham)

6%

Property prices in RG41 (Wokingham) increased by 6% 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 RG41 (Wokingham) Over the Last Year

1.05%

Property prices in RG41 (Wokingham) increased by 1.05% 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 RG41 (Wokingham) - 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 RG41 (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 RG41 (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 RG41 (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 RG41 (Wokingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG41 postcode area since 1995.

Recent Sales in RG41 (Wokingham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Priory Court, Winnersh, Wokingham, RG41 5JQ£900,000£877,000-£23,00008 May 202426 Nov 2024202 Days
18 Humber Close, Wokingham, RG41 3UA£410,000£402,500-£7,50010 Jul 202414 Nov 2024127 Days
266 Reading Road, Winnersh, Wokingham, RG41 5AA£650,000£630,000-£20,00031 Jul 202308 Nov 2024466 Days
3 Heron Road, Wokingham, RG41 3HF£425,000£422,000-£3,00012 Jun 202406 Nov 2024147 Days
1 Linnet Walk, Wokingham, RG41 3HE£475,000£450,000-£25,00003 Jun 202405 Nov 2024155 Days
1 Villiers Mead, Wokingham, RG41 2UB£1,100,000£1,050,000-£50,00004 Apr 202431 Oct 2024210 Days
30 Marks Road, Wokingham, RG41 1NN£500,000£490,000-£10,00008 Jul 202431 Oct 2024115 Days
25 Delane Drive, Winnersh, Wokingham, RG41 5AT£550,000£545,100-£4,90012 Mar 202431 Oct 2024233 Days
5 Riding Way, Wokingham, RG41 3AH£600,000£590,000-£10,00021 May 202430 Oct 2024162 Days
28 Chatsworth Avenue, Winnersh, Wokingham, RG41 5EU£450,000£440,000-£10,00030 May 202429 Oct 2024152 Days
83 Bearwood Road, Wokingham, RG41 4SX£440,000£420,000-£20,00002 Jun 202425 Oct 2024145 Days
45 Crail Close, Wokingham, RG41 2PZ£650,000£625,000-£25,00018 Jun 202424 Oct 2024128 Days
39 Banbury Close, Wokingham, RG41 2YT£450,000£450,000£003 Jun 202418 Oct 2024137 Days
7 Evendons Lane, Wokingham, RG41 4AA£750,000£750,000£018 Oct 202319 Aug 2024306 Days
15 Topaz Close, Wokingham, RG41 3UF£400,000£385,000-£15,00010 Apr 202416 Aug 2024128 Days
6 Larch Avenue, Wokingham, RG41 1EJ£1,000,000£980,000-£20,00005 Jan 202413 Aug 2024221 Days
7 Broom Grove, Wokingham, RG41 4TX£830,000£810,000-£20,00004 Oct 202307 Aug 2024308 Days
10 Aggisters Lane, Wokingham, RG41 4DN£550,000£530,000-£20,00007 Feb 202431 Jul 2024175 Days
49 St Marys Road, Sindlesham, Wokingham, RG41 5DA£475,000£445,000-£30,00029 Sep 202330 Jul 2024305 Days
21 Smalley Close, Wokingham, RG41 4AP£1,000,000£915,000-£85,00021 Apr 202426 Jul 202496 Days

Most Expensive Streets in RG41 (Wokingham)

PostcodeStreetAreaAverageNo. of Sales
RG41 4ETDowles Barn Close, BarkhamWokingham£1,141,6663
RG41 3HLWoodlands Avenue, WinnershWokingham£1,089,0003
RG41 2YHOxford RoadWokingham£1,051,6663
RG41 3HHSimons LaneWokingham£979,8333
RG41 4BULimmerhill RoadWokingham£971,3333
RG41 4SZThe ShiresWokingham£956,0005
RG41 5XWWindermere Close, WinnershWokingham£945,0003
RG41 3HWChestnut AvenueWokingham£906,2504
RG41 2HQHart Dyke CloseWokingham£896,8336
RG41 5UWBluebell Meadow, WinnershWokingham£883,8438

Least Expensive Streets in RG41 (Wokingham)

PostcodeStreetAreaAverageNo. of Sales
RG41 5GUReading Road, WinnershWokingham£139,1666
RG41 1BZQueens RoadWokingham£174,7503
RG41 1EGReading RoadWokingham£175,6427
RG41 3DAWoosehill Court, Emmview CloseWokingham£201,4166
RG41 3BRTrinity Court, Emmview CloseWokingham£209,3128
RG41 1ANPotter CrescentWokingham£213,1878
RG41 2AGElizabeth Court, Alderman Willey CloseWokingham£225,0004
RG41 1AWSkinner DriveWokingham£228,8754
RG41 2ATBellamy House, Ashville WayWokingham£229,8577
RG41 2ARColebrook House, Ashville WayWokingham£236,8744

Explore RG41 (Wokingham) using map

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