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House Prices in RG6 House Prices in RG6 (Reading)

The average house price in RG6 (Reading) is £525,729 using HM Land Registry data.

The average property price increased by £97,739 (13.92%) over the last 5 years and increased by £19,584 (2.29%) over the last 12 months.

Over the last year, there were 310 residential property sales – a decrease of 88 transactions (-28.39%) relative to the previous year. The majority of house sales (67) were in the £338,000 - £426,000 range. Then came properties in the £426,000 - £514,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 111 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,250 (-2%).

In December 2024, there were 23 new estate agency instructions, 39 agreed home sales and 24 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, RG40, RG41, RG42, RG45, RG5, RG7, RG8, RG9, SL4, SL5, SL6, SN6, SN8, SO21, SO24, SP11

5-Year Average Property Prices in RG6 (Reading)

13.92%

Property prices in RG6 (Reading) increased by 13.92% 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 RG6 (Reading) Over the Last Year

2.29%

Property prices in RG6 (Reading) increased by 2.29% 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 RG6 (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 RG6 (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 RG6 (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 RG6 (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 RG6 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG6 postcode area since 1995.

Recent Sales in RG6 (Reading)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
156 Chilcombe Way, Lower Earley, Reading, Wokingham, RG6 3DD£325,000£325,000£021 Aug 202408 Nov 202479 Days
7 Gosforth Close, Lower Earley, Reading, Wokingham, RG6 3BP£385,000£380,000-£5,00023 Apr 202408 Nov 2024199 Days
17 Sutcliffe Avenue, Earley, Reading, Wokingham, RG6 7JW£525,000£515,000-£10,00014 May 202408 Nov 2024178 Days
51 Mill Lane, Earley, Reading, Wokingham, RG6 7JF£595,000£570,000-£25,00024 Jun 202407 Nov 2024136 Days
5 Gipsy Lane, Earley, Reading, Wokingham, RG6 7HF£375,000£351,000-£24,00007 May 202404 Nov 2024181 Days
20 Rosemary Avenue, Earley, Reading, Wokingham, RG6 5YQ£650,000£637,500-£12,50025 Jun 202431 Oct 2024128 Days
1 Loxwood, Earley, Reading, Wokingham, RG6 5QZ£575,000£510,000-£65,00010 Jun 202430 Oct 2024142 Days
5 Luckmore Drive, Earley, Reading, Wokingham, RG6 7RP£750,000£705,000-£45,00026 Dec 202324 Oct 2024303 Days
3 Beighton Close, Lower Earley, Reading, Wokingham, RG6 4HZ£400,000£385,850-£14,15029 Apr 202424 Oct 2024178 Days
18 The Delph, Lower Earley, Reading, Wokingham, RG6 3AN£335,000£325,000-£10,00008 Jul 202422 Oct 2024106 Days
73 Maltby Way, Lower Earley, Reading, Wokingham, RG6 4AE£500,000£500,000£011 Mar 202421 Oct 2024224 Days
21 Selsey Way, Lower Earley, Reading, Wokingham, RG6 4DL£550,000£530,000-£20,00008 May 202418 Oct 2024163 Days
1 Jay Close, Lower Earley, Reading, Wokingham, RG6 4HE£695,000£690,000-£5,00027 Feb 202412 Aug 2024167 Days
17 Chicory Close, Earley, Reading, Wokingham, RG6 5GS£320,000£320,000£018 Apr 202402 Aug 2024106 Days
2 Wild Close, Lower Earley, Reading, Wokingham, RG6 4JQ£320,000£320,000£004 Apr 202431 Jul 2024118 Days
96 Hartsbourne Road, Earley, Reading, Wokingham, RG6 5SJ£639,000£620,000-£19,00006 Apr 202431 Jul 2024116 Days
48 Reeds Avenue, Earley, Reading, Wokingham, RG6 5SR£625,000£625,000£027 Mar 202426 Jul 2024121 Days
21 Conygree Close, Lower Earley, Reading, Wokingham, RG6 4XE£375,000£375,000£015 Jan 202419 Jul 2024186 Days
42 Fairview Avenue, Earley, Reading, Wokingham, RG6 1HE£450,000£450,000£025 Apr 202412 Jul 202478 Days
8 Kennedy Gardens, Earley, Reading, Wokingham, RG6 5RN£850,000£847,001-£2,99911 Mar 202403 Jul 2024114 Days

Most Expensive Streets in RG6 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG6 7RUWilderness Road, EarleyReading£943,4586
RG6 7DBAldbourne Avenue, EarleyReading£911,2504
RG6 7DDThe Knapp, EarleyReading£820,8333
RG6 7RTRamsbury Drive, EarleyReading£817,7357
RG6 5UWKerris Way, EarleyReading£789,5004
RG6 1BTPitts Lane, EarleyReading£775,7504
RG6 5UDLaniver Close, EarleyReading£773,4005
RG6 4HPWickford Way, Lower EarleyReading£751,0003
RG6 5RNKennedy Gardens, EarleyReading£740,5004
RG6 5QDBeech Lane, EarleyReading£732,7504

Least Expensive Streets in RG6 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG6 5TALarks Meade, EarleyReading£169,66618
RG6 5TULangdale Gardens, EarleyReading£182,7504
RG6 3HEMaiden Place, Lower EarleyReading£187,31519
RG6 3HAMaiden Place, Lower EarleyReading£197,27718
RG6 1LDSt Helens Court, Wokingham RoadReading£201,3333
RG6 5TZEmmbrook CourtReading£202,32317
RG6 3HDMaiden Lane Centre, Lower EarleyReading£202,7333
RG6 1FREnglefield Place, EarleyReading£206,32816
RG6 5SGLeighton Court, Copperdale CloseReading£218,2779
RG6 1LPWokingham RoadReading£224,0003

Explore RG6 (Reading) using map

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