House prices in Reading have gone up by an average of over £2,000 in the month of February, according to figures from the Land Registry.

The latest data from the government department reveals that in February 2023 average house prices in Reading reached £334,745.

This was up from £331,853 in January, representing a 0.9 per cent increase. In the last 12 months it has risen by 10.4 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Reading here.

How much have house prices increased in Reading?

Breaking it down for specific types of housing, all prices saw an increase.

  • Detached houses - Up to £710,794 from £701,219 in January
  • Semi-detached houses - Up to £436,195 from £432,499 in January
  • Terraced houses - Up to £341,610 from £339,759 in January
  • Flats - Up to £228,967 from £226,559 in January

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How do Reading house prices compare to the UK average?

Even when comparing Reading to the picture across the UK, the area is above the UK average with a typical property value in the nations reaching £287,506 in February.

In cash terms, the average house price in February was £15,052 higher than a year earlier with house price growth accelerating to 5.5 per cent in February 2023. Prices were down by -1.0 per cent month on month.

How much could your house be worth?

We have created this map for the South East so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Reading are the most expensive for average house prices.