Average Price for property in Cannon Street, Reading, RG1 is around £197,523 which varies based on type of property you are interested in and ranges from £192,216 for semi-detached to around £197,726 for terraced house. Values have been changing and have risen £432 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,597 in last 6 months, £15,672 in last 1 year, £26,937 in last 2 years, £31,501 in last 3 years, £29,570 in last 4 years and £30,393 in last 5 years.
Currently average asking price of a property in Cannon Street, Reading, RG1 is around £313,297 based on approximately 4 properties for sale. Same is the case with rental options based on 559 properties up for rent, average asking rent is around £2,481 per month.
Estimated property value in Cannon Street, Reading, RG1 is £197,523. Average asking price is £313,297 while average price paid is £187,000 which is up by £15,672 and Avg. asking rent £2,481.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 Cannon Street, Reading, RG1 area. In last 1 year alone average price buyer paid is around £187,000 based on approximately 4 sales in Cannon Street, Reading, RG1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £177,600. 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 £168,671 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £168,671 per sale.