Planning approved29 homes
Regents Gate
Regents Gate Reading, Crown Street, Reading
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New build homes in Reading
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Far fewer new homes are being sold in Reading than a few years ago. New-build sales fell from 270 in 2022 to 55 in 2024, and 85% of them were flats, according to our analysis of HM Land Registry data. The median new-build flat sold for £480,000, double the £240,000 for a resale flat, which mostly reflects the type of new schemes being built. Below are the developments of 10 or more homes we have found, updated every week.
Last updated November 2026 | Sales data to June 2026
- New-build sales in 2024
- 55
- Fall since 2022
- -80%
- Were flats
- 85%
- Median new-build flat
- £480,000
New developments in Reading
How many new homes are selling
| Year | New-build sales | Median price | Flats |
|---|---|---|---|
| 2022 | 270 | £361,250 | 90% |
| 2023 | 144 | £427,635 | 89% |
| 2024 | 55 | £484,500 | 85% |
The new-build premium
| Property type | New-build median (2024) | Resale median | Premium | New-build sales |
|---|---|---|---|---|
| Flats | £480,000 | £240,000 | +100.0% | 47 |
Buying a new build in Reading: what we check
- Town centre flats: we check the lease, the service charge budget, the reserve fund and the building safety information before you exchange.
- Sites marketed as Reading but in Wokingham borough: we confirm which council the searches come from.
- Flooding: homes near the Thames and Kennet need a careful read of the flood search.
How we worked this out
We list developments of 10 or more homes found in council planning decisions, developer and housing association announcements and local news, checked every Monday. Sales figures come from HM Land Registry Price Paid Data and are updated monthly; new builds take longer to be registered, so the latest full year shown is the year before last. Premiums compare the median new-build sale with the median resale of the same property type in the same year and are not adjusted for size or location. Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0.
Frequently asked questions
How many new build homes are being sold in Reading?
55 new-build homes were sold in Reading Borough in 2024, down from 270 in 2022, based on HM Land Registry data.
Why are new build flats in Reading so much more expensive?
In 2024 the median new-build flat sold for £480,000 against £240,000 for a resale flat. Most of the gap reflects the kind of schemes now being built, which tend to be newer, larger flats in central locations, rather than a premium for being new alone.
Are new homes in Reading leasehold?
85% of new-build sales in 2024 were leasehold flats. Houses are usually freehold, but new estates may have a yearly estate charge.
How long does conveyancing take on a new build?
Developers often set an exchange deadline of 28 days from reservation, so instruct a conveyancer straight away.
Buying a new build? Get an instant conveyancing quote or call 01628 777233.