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House Prices in RG8 House Prices in RG8 (Reading)

The average house price in RG8 (Reading) is £662,045 using HM Land Registry data.

The average property price increased by £252,619 (3.8%) over the last 5 years and increased by £50,616 (0.67%) over the last 12 months.

Over the last year, there were 191 residential property sales – a decrease of 38 transactions (-19.90%) relative to the previous year. The majority of house sales (62) were in the £330,000 - £584,000 range. Then came properties in the £584,000 - £838,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-36,349 (-4%).

In December 2024, there were 11 new estate agency instructions, 21 agreed home sales and 7 property price reductions.

Nearby Postcodes: GU46, GU47, HP14, OX10, OX11, OX12, OX13, OX14, OX44, OX49, RG1, RG10, RG12, RG14, RG17, RG18, RG19, RG2, RG20, RG25, RG26, RG27, RG28, RG30, RG31, RG4, RG40, RG41, RG42, RG45, RG5, RG6, RG7, RG9, SL4, SL5, SL6, SL7, SP11

5-Year Average Property Prices in RG8 (Reading)

3.8%

Property prices in RG8 (Reading) increased by 3.8% 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 RG8 (Reading) Over the Last Year

0.67%

Property prices in RG8 (Reading) increased by 0.67% 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 RG8 (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 RG8 (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 RG8 (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 RG8 (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 RG8 (Reading) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RG8 postcode area since 1995.

Recent Sales in RG8 (Reading)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Chiltern Walk, Pangbourne, Reading, West Berkshire, RG8 7LE£360,000£355,000-£5,00009 Aug 202401 Nov 202484 Days
2 Herons Farm Cottages, Pangbourne, Reading, West Berkshire, RG8 8PY£695,000£645,000-£50,00003 Jun 202425 Oct 2024144 Days
14 Chestnut Grove, Purley On Thames, Reading, West Berkshire, RG8 8BU£625,000£622,500-£2,50024 May 202425 Oct 2024154 Days
Fresh Winds, Kiln Corner, Upper Basildon, Reading, West Berkshire, RG8 8SP£895,000£850,000-£45,00028 Feb 202422 Oct 2024237 Days
8 Birchen Close, Woodcote, Reading, Oxfordshire, RG8 0SW£475,000£475,000£003 Jul 202416 Oct 2024105 Days
7 Skerritt Way, Purley On Thames, Reading, West Berkshire, RG8 8DD£600,000£600,000£028 Mar 202411 Oct 2024197 Days
8 Bowling Green Lane, Purley On Thames, Reading, West Berkshire, RG8 8EJ£485,000£480,000-£5,00003 Jun 202411 Oct 2024130 Days
Conifers, Bethesda Close, Upper Basildon, Reading, West Berkshire, RG8 8NX£700,000£655,000-£45,00024 May 202428 Sep 2024127 Days
20 Hazel Road, Purley On Thames, Reading, West Berkshire, RG8 8BB£800,000£800,000£028 Mar 202409 Aug 2024134 Days
58 Wintringham Way, Purley On Thames, Reading, West Berkshire, RG8 8BG£450,000£445,000-£5,00022 Jan 202406 Aug 2024197 Days
Summit, Goffs Hill, Crays Pond, Reading, Oxfordshire, RG8 7QD£935,000£900,000-£35,00003 Feb 202430 Jul 2024178 Days
55 Reading Road, Pangbourne, Reading, West Berkshire, RG8 7HY£500,000£490,000-£10,00020 Feb 202426 Jul 2024157 Days
7 Pangbourne Place, Pangbourne, Reading, West Berkshire, RG8 7LL£325,000£315,000-£10,00010 Jan 202426 Jul 2024198 Days
Flat 6, The Mount, Hardwick Road, Whitchurch On Thames, Reading, Oxfordshire, RG8 7HW£419,950£416,000-£3,95002 Feb 202422 Jul 2024171 Days
36 Kennedy Drive, Pangbourne, Reading, West Berkshire, RG8 7LB£375,000£369,500-£5,50005 Mar 202422 Jul 2024139 Days
Trijonet, Bere Court Road, Pangbourne, Reading, West Berkshire, RG8 8JT£1,795,000£1,740,000-£55,00016 Feb 202410 Jul 2024145 Days
1 Red Cross Road, Goring, Reading, Oxfordshire, RG8 9HG£695,000£670,000-£25,00025 Jun 201828 Jun 20242195 Days
8 West Way, Goring, Reading, Oxfordshire, RG8 0BX£350,000£345,000-£5,00013 Dec 202319 Jun 2024189 Days
16 The Birches, Goring, Reading, Oxfordshire, RG8 9BW£515,000£510,000-£5,00023 Jan 202431 May 2024129 Days
91 Whitehouse Road, Woodcote, Reading, Oxfordshire, RG8 0SA£800,000£780,000-£20,00009 Nov 202330 May 2024203 Days

Most Expensive Streets in RG8 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG8 7SRPot Kiln Lane, Goring HeathReading£2,469,5003
RG8 0BQHamilton Place, CheckendonReading£2,265,0003
RG8 9PGLower BasildonReading£2,210,0003
RG8 7BDFlowers Hill, PangbourneReading£1,941,6663
RG8 9LDWantage Road, StreatleyReading£1,895,8005
RG8 0DTElvendon Road, GoringReading£1,864,5836
RG8 0LLReading Road, GoringReading£1,825,0003
RG8 8RGAshampsteadReading£1,620,6663
RG8 0SUCheckendonReading£1,593,7504
RG8 7BECourtlands Hill, PangbourneReading£1,586,6663

Least Expensive Streets in RG8 (Reading)

PostcodeStreetAreaAverageNo. of Sales
RG8 7HSCoach House Court, Reading RoadReading£126,7857
RG8 9DJWaltham Court, Mill RoadReading£195,2005
RG8 7AWWillows Court, PangbourneReading£202,6438
RG8 0EWQueens Court, GoringReading£249,8333
RG8 8EWSaunders Court, Purley On ThamesReading£252,8577
RG8 7LDKennedy Drive, PangbourneReading£261,6663
RG8 8EZTrenthams Close, Purley On ThamesReading£302,3005
RG8 7BNSycamore Court, PangbourneReading£315,7504
RG8 8TGLilac Close, Purley On ThamesReading£316,6663
RG8 7BJHartslock Court, Shooters HillReading£322,5006

Explore RG8 (Reading) using map

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