Reading newly built property prices

The price of a newly built property is £497k in Reading postcode area. The price increased by £12.4k (3%) over the last twelve months. The price of an established property is £456k. There were 252 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 94 (37.3%) properties sold, followed by £300k-£400k price range with 49 (19.4%) properties sold. Most new homes were sold in RG40 4, with 50 sold to date from February 2024 - January 2025.

February 2024 - January 2025Reading postcode areaEngland & Wales
Average price of a new home£497k£377k

Average price change
3%
£12.4k
-5%
£-18.9k

Reading cost comparison of new homes and older homes

February 2024 - January 2025

Reading cost comparison of new homes and older homes

New or establishedAverage price
A newly built property£497k
An established property£456k

Reading sales share of new homes and older homes

February 2024 - January 2025

Reading sales share of new homes and older homes

2.7%

A newly built property

252

97.3%

An established property

8.9k

9.2k

total sales volume

Reading map of sales of new properties

shows the total volume of new homes sold a given postcode sector.

Reading map of sales of new properties

Reading new home sales share by price range

shows a sales volume of new homes in a given price range between February 2024 - January 2025. See also Reading property sales reports.

Reading new home sales share by price range

Property price rangeMarket shareSales volume
£50k-£100k0.4%1
£150k-£200k5.2%13
£200k-£250k3.2%8
£250k-£300k7.1%18
£300k-£400k19.4%49
£400k-£500k18.7%47
£500k-£750k37.3%94
£750k-£1M8.3%21
over £1M0.4%1

Reading cost comparison of new houses and new flats

February 2024 - January 2025

Reading cost comparison of new houses and new flats

£661k

Detached

£292k

Flat

£475k

Semi-Detached

£433k

Terraced

Reading sales share of new houses and new flats

February 2024 - January 2025

Reading sales share of new houses and new flats

42.5%

Detached

107

29.4%

Flat

74

20.6%

Semi-Detached

52

7.5%

Terraced

19

Reading real new home prices

Yearly average nominal house prices adjusted for inflation

Reading real new home prices

Reading new home prices compared to England & Wales' new home prices

Yearly average nominal prices

Reading new home prices

Reading new home prices and nearby areas

Yearly average nominal prices

Reading new home prices and nearby areas

Reading house prices new vs established

Yearly average nominal prices

Reading house prices new vs established

Reading annual sales of new homes and older homes

Total sales volumes by year

Reading annual sales of new homes and older homes

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

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