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Wokingham House Prices Wokingham House Prices

The average house price in Wokingham is £554,781 using HM Land Registry data.

The average property price increased by £93,628 (20.12%) over the last 5 years and increased by £18,760 (3.47%) over the last 12 months.

Over the last year, there were 585 residential property sales – a decrease of 188 transactions (-32.14%) relative to the previous year. The majority of house sales (131) were in the £390,000 - £510,000 range. Then came properties in the £510,000 - £630,000 range, where 123 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 138 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,112 (-3%).

In December 2024, there were 51 new estate agency instructions, 61 agreed home sales and 39 property price reductions.

Neighbouring Areas: Winnersh, Bracknell, Arborfield Garrison, Crowthorne

Postcodes Covered: RG40, RG41

5-Year Average Property Prices in Wokingham

20.12%

Property prices in Wokingham increased by 20.12% 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 Wokingham Over the Last Year

3.47%

Property prices in Wokingham increased by 3.47% 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 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 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 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 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 Wokingham since 1995

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

Recent Property Sales in Wokingham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Manor Park Drive, Finchampstead, Wokingham, RG40 4XE£765,000£765,000£030 Apr 202422 Nov 2024206 Days
18 Humber Close, Wokingham, RG41 3UA£410,000£402,500-£7,50010 Jul 202414 Nov 2024127 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
266 Reading Road, Winnersh, Wokingham, RG41 5AA£650,000£630,000-£20,00031 Jul 202308 Nov 2024466 Days
30 Sandhurst Road, Finchampstead, Wokingham, RG40 3JD£900,000£820,000-£80,00016 Mar 202407 Nov 2024236 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
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
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
5 Riding Way, Wokingham, RG41 3AH£600,000£590,000-£10,00021 May 202430 Oct 2024162 Days
11 Ashdale Park, Finchampstead, Wokingham, RG40 3QS£1,000,000£1,000,000£011 Jul 202429 Oct 2024110 Days
60 Gipsy Lane, Wokingham, RG40 2BS£650,000£650,000£020 Mar 202425 Oct 2024219 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
25 Manor Park Drive, Finchampstead, Wokingham, RG40 4XE£775,000£750,000-£25,00009 Aug 202423 Oct 202475 Days

Most Expensive Streets in Wokingham

PostcodeStreetAreaAverageNo. of Sales
RG40 3QRHollybush RideFinchampstead£1,746,6663
RG40 2DHSouth DriveWokingham£1,717,3333
RG40 2HSSouthlands RoadWokingham£1,518,4005
RG40 3QNHeath RideFinchampstead£1,436,6663
RG40 3QPHollybush RideFinchampstead£1,297,5004
RG40 2DBCrescent RoadWokingham£1,283,3333
RG40 2JRBuckhurst GroveWokingham£1,271,6663
RG40 3HYWildcroft DriveWokingham£1,249,0003
RG41 4ETDowles Barn CloseBarkham£1,141,6663
RG40 3QJHeath RideFinchampstead£1,121,5008

Least Expensive Streets in Wokingham

PostcodeStreetAreaAverageNo. of Sales
RG40 2DYLanden CourtFinchampstead Road£165,6005
RG41 1BZQueens RoadWokingham£174,7503
RG41 1EGReading RoadWokingham£175,6427
RG40 1APSwift HouseMarket Place£193,2857
RG40 1EQAcorn DriveWokingham£194,67229
RG41 3DAWoosehill CourtEmmview Close£201,4166
RG41 3BRTrinity CourtEmmview Close£209,3128
RG40 2LJBurford CourtRances Lane£209,8889
RG40 1EUAcorn DriveWokingham£210,0008
RG41 1ANPotter CrescentWokingham£213,1878

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