Area Guide For Berkshire

Reading is a large town and unitary authority area in England. It is located in the Thames Valley at the confluence of the River Thames and River Kennet, and on both the Great Western Main Line railway and the M4 motorway, some 40 miles (64 km) west of London. The Borough of Reading has a population of 145,700 (2008 estimate) and the town formed the largest part of the Reading/Wokingham Urban Area which had a population of 369,804 (2001 census). The town is currently represented in the UK parliament by two members, and has been continuously represented there since 1295. For ceremonial purposes the town is in the county of Berkshire and has served as its county town since 1867, previously sharing this status with Abingdon. The first evidence for Reading as a settlement dates from the 8th century. Reading was an important centre in the medieval period, as the site of Reading Abbey, a monastery with strong royal connections. The town was seriously impacted by the Civil War, with a major siege and loss of trade, and played a pivotal role in the Revolution of 1688, with that revolution's only significant military action fought on the streets of the town. The 19th


Berkshire Map

Estimated Price: £365,445
Average Asking Price: £620,471
Price change in last one year: £29,040
Average Price Paid: £286,416
Average Rent Rates: £2,555


Property Prices Breakdown in Berkshire

Average Price for property in Berkshire is around £365,445 which varies based on type of property you are interested in and ranges from £587,354 for detached house to around £338,532 for semi-detached. Similarly terraced house is around £267,470 and a flat is worth £210,146. Values have been changing and have risen £786 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,449 in last 6 months, £29,040 in last 1 year, £53,787 in last 2 years, £55,027 in last 3 years, £59,966 in last 4 years and £56,583 in last 5 years.

Currently average asking price of a property in Berkshire is around £620,471 based on approximately 9,382 properties for sale. Same is the case with rental options based on 2,861 properties up for rent, average asking rent is around £2,555 per month.

Estimated property value in Berkshire is £365,445. Average asking price is £620,471 while average price paid is £308,686 which is up by £29,040 and Avg. asking rent £2,555.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Berkshire area. In last 1 year alone average price buyer paid is around £308,686 based on approximately 9,382 sales in Berkshire area alone. If you compare it to last 3 years sales of 27,496 properties where buyers paid around £292,461. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £286,416 for 43,623 and average amount paid for purchase of approx. 59,070 properties sold in last 7 years comes to about £279,039 per sale.


Properties For Sale in Berkshire


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £179,270, £302,109 for a 2 bedroom house, £399,576 for a 3 bedroom house, £649,458 for a 4 bedroom house and £1,235,707 for a 5 bedroom house. For a flat similarly the prices varies from £160,906 for a single bedroom to £299,777 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £692,213 and £1,539,279 for a 4 bedroom flat. To sum up the asking prices for properties in Berkshire it comes to around average £163,761 for 1 bedroom property, £300,615 for 2 bedroom, £422,543 for 3 bedroom, £658,049 for 4 bedroom and £1,235,707 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £600 for 1 bedroom to £1,255 for 2 bedrooms, £1,445 for 3 bedrooms, £1,903 for 4 bedrooms and £3,280 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £884. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,245, £2,861 for 3 bedroom, £1,525 for 4 bedroom and around £351 for 5 bedroom flat. You should be generally be expecting around average £761 rent per month for single bedroom property, £1,248 for 2 bedroom, £1,624 for 3 bedroom, £1,897 for 4 bedroom and approximately £3,268 for a 5 bedroom property in Berkshire area.

Popular Houses in Berkshire

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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Areas in and around Berkshire