Insights: property data
Reading house prices in 2026: what homes are really selling for
The median home in Reading sold for £350,000 in the 12 months to June 2026, down 2.1% on £357,500 a year earlier, according to J Scott & Co’s analysis of HM Land Registry data. Reading is the western end of the Elizabeth line and has a large stock of Victorian and Edwardian terraces, with town-centre flats making up much of the rest of the market.
Last updated November 2026 | By Tamseel Din, Director, J Scott & Co Solicitors
- Median sale price, 12 months to June 2026
- £350,000
- Change on the year before
- -2.1%
- Share of sales that were leasehold
- 30.1%
- Homes sold for £500,000 or less
- 83%
Prices by property type
| Property type | Sales | Median, 12 months to June 2026 | Year before | Change |
|---|---|---|---|---|
| Detached | 173 | £610,000 | £649,950 | -6.1% |
| Semi-detached | 455 | £430,000 | £430,000 | 0.0% |
| Terraced | 659 | £346,000 | £345,000 | +0.3% |
| Flat | 536 | £225,000 | £240,000 | -6.2% |
| All homes | 1,823 | £350,000 | £357,500 | -2.1% |
Terraced homes were the most common sale in Reading, at 659 of 1,823 sales. The middle 80% of homes sold for between £198,000 and £595,000.
Four years of prices
| Year | Detached | Semi-detached | Terraced | Flat | All homes |
|---|---|---|---|---|---|
| 2022 | £650,000 | £430,000 | £340,000 | £250,000 | £342,500 |
| 2023 | £665,700 | £430,000 | £335,000 | £250,000 | £350,000 |
| 2024 | £635,000 | £425,000 | £331,000 | £245,000 | £350,000 |
| 2025 | £642,500 | £437,000 | £347,500 | £230,000 | £350,000 |
Across all homes, the Reading median moved from £342,500 in 2022 to £350,000 in 2025 (+2.2%). Flats moved from £250,000 to £230,000 (-8.0%).
What your budget buys
| Price band | Share of Reading sales, 12 months to June 2026 |
|---|---|
| Under £250,000 | 20.2% |
| £250,000 to £300,000 | 13.0% |
| £300,000 to £500,000 | 49.6% |
| Over £500,000 | 17.1% |
33.2% of Reading homes sold for under £300,000, the most a first-time buyer can pay with no Stamp Duty. 82.9% sold for £500,000 or less, the limit for first-time buyer relief; above that, first-time buyers pay the standard rates on the whole price.
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Prices by area
| Postcode | Sales | Median price | Note |
|---|---|---|---|
| RG4 | 449 | £450,000 | Caversham |
| RG31 | 89 | £430,000 | |
| RG2 | 259 | £360,000 | |
| RG30 | 485 | £335,000 | |
| RG1 | 498 | £295,000 | Town centre, 44% flats |
| RG6 | 43 | £290,000 | Reading borough part only |
Caversham (RG4), north of the Thames, is the most expensive part of the borough at a median of £450,000. RG1, the town centre, sits at £295,000: 44% of its sales were flats, against 29% across Reading.
Only areas with at least 40 sales in the 12 months to June 2026 are shown.
Flats versus houses since 2022
Comparing like with like (homes that had been lived in before, not new builds), resale leasehold flats in Reading have moved in line with houses: flats rose 2.3% between the first half of 2022 and the first half of 2026, from £220,000 to £225,000, and resale houses rose 2.8% (J Scott Flat Market Index 2026).
Resale leasehold flat sales fell 12.1% between 2022 and 2025 (675 to 593), close to the 8.0% fall for resale houses.
New flats have become much scarcer: new-build flat sales in Reading fell from 241 in 2022 to 47 in 2024 (-80%), so most flat buyers are now buying a resale.
In the 12 months to June 2026 the median freehold home in Reading sold for £393,500 and the median leasehold home for £225,000.
What buyers are asking us to quote for
Across 38 purchase quotes generated by J Scott for RG postcodes in 2026, the median price was £347,500, 23.7% of purchases were leasehold and 10.5% of buyers had no mortgage (J Scott Move Index 2026).
Buying in Reading: what we check
- Older terraces: many Reading terraces are more than a century old. We look for shared drives and alleyways, rights of way, party wall issues and alterations that needed building regulations approval.
- Town-centre flats: with three in ten Reading sales leasehold, we check the lease, service charge history and any building safety documents early so the lender does not hold up exchange.
- Flooding: homes near the Thames and Kennet, including parts of Caversham, need a careful read of the flood information. Searches come from Reading Borough Council.
Selling in Reading: what to have ready
- Gather building regulations certificates for loft conversions, knocked-through walls and new windows; older Reading terraces often have several.
- If the property shares a drive or rear access, have any written agreements ready.
- For a flat, order the managing agent’s pack when you list it.
We act for Reading buyers and sellers from our Maidenhead office, or by phone and video. Get an instant conveyancing quote or call 01628 777233.
How we worked this out
We analysed HM Land Registry Price Paid Data for standard residential sales (category A). "12 months to June 2026" compares July 2025 to June 2026 with July 2024 to June 2025; the latest months are left out because sales take time to be registered. Yearly figures are full calendar years. The flats versus houses comparison uses resale homes only (not new builds) for January to June 2022 and January to June 2026, because new builds take longer to appear in the data. Area figures are shown only with at least 40 sales. Medians are not adjusted for the mix of homes sold. Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0.
Cite this data
J Scott & Co Solicitors, Reading House Prices 2026, jscottlegal.co.uk/insights/reading-house-prices.
Frequently asked questions
What is the average house price in Reading?
The median price of a home sold in Reading was £350,000 in the 12 months to June 2026, based on 1,823 sales registered with HM Land Registry. Detached homes had a median of £610,000, semi-detached £430,000, terraced £346,000 and flats £225,000.
Are house prices falling in Reading?
No: the median was -2.1% on the year before. Over four years, resale flats rose 2.3% while resale houses rose 2.8%, so the direction depends on what you are buying or selling.
What is the cheapest area to buy in Reading?
Of the Reading postcode areas with at least 40 sales, RG6 had the lowest median at £290,000 in the 12 months to June 2026. RG4 had the highest at £450,000.
How much do first-time buyers pay in Stamp Duty in Reading?
First-time buyers pay no Stamp Duty on the first £300,000 and 5% on the part between £300,000 and £500,000. 33% of Reading homes sold for under £300,000. Above £500,000 the relief does not apply, and that covered 17.1% of Reading sales.
How long does conveyancing take?
A straightforward purchase often takes 10 to 16 weeks from offer to completion. Leasehold flats, new builds and chains usually take longer. We give you an estimate once we have seen the title and the search results.
Can you act for me if I am buying in Reading?
Yes. We act for Reading clients from our Maidenhead office, or by phone, email and video. You can get an instant conveyancing quote online.
Send us an enquiry
Tell us what you need and we will call you back. Or call 01628 777233.