Key indicators for buyers
The RG1 market is moderately favourable for buyers. Prices have softened (-23.7%), which could present a buying opportunity. Affordability has improved from a peak of 9.3x in 2021 to 7.1x today. Rising rents (£1,581/mo, +3.7%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Reading area
A home in Reading costs 7.1x the local median salary — moderate, improving from a peak of 9.3x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Reading area
Average monthly rent in Reading is £1,581, up 3.7% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Reading price of £319,188 with a 25% deposit (£80k), a 2-year fixed mortgage at 3.97% costs around £1,260 per month.
Monthly cost comparison based on current data
Uses RG1 avg. price with Reading rental data
Monthly mortgage payments (£1,260) are £321 less than renting (£1,581). However, buying requires an upfront deposit of £80k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
2, SELBORNE COURT RG1 3BW | Flat/Maisonette | £340,000 | 23 Jan 2026 |
FLAT 11, 127, CASTLE HILL RG1 7SY | Flat/Maisonette | £96,000 | 21 Jan 2026 |
22, CRESCENT ROAD RG1 5SP | Terraced | £275,000 | 16 Jan 2026 |
44, CARNARVON ROAD RG1 5SD | Terraced | £397,500 | 16 Jan 2026 |
26, JUNCTION ROAD RG1 5SA | Terraced | £435,000 | 16 Jan 2026 |
62, BROOK STREET WEST RG1 6BB | Terraced | £289,000 | 16 Jan 2026 |
59, CAPITAL POINT, TEMPLE PLACE RG1 6QL | Flat/Maisonette |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in RG1 sold for £319,188 in 2026, with a median of £312,000 across 16 transactions. Prices fell 23.7% compared to the previous year.
| £171,000 |
| 16 Jan 2026 |
FLAT 21, HALCYON, CHATHAM PLACE RG1 7JW | Flat/Maisonette | £296,000 | 13 Jan 2026 |
22, DE MONTFORT ROAD RG1 8DL | Terraced | £447,000 | 9 Jan 2026 |
15, HERON WAY RG1 6DY | Terraced | £420,000 | 9 Jan 2026 |
25, CRANE WHARF RG1 3AY | Terraced | £437,000 | 8 Jan 2026 |
47, CHOLMELEY ROAD RG1 3NQ | Terraced | £290,000 | 7 Jan 2026 |
39, CARNARVON ROAD RG1 5SB | Semi-detached | £328,000 | 6 Jan 2026 |
FLAT 2, 41, BATH ROAD RG1 6HL | Flat/Maisonette | £363,000 | 6 Jan 2026 |
FLAT 4, TALBOT HOUSE, 55, CASTLE STREET RG1 7SN | Flat/Maisonette | £250,000 | 6 Jan 2026 |
FLAT 9, 6, OSCAR WILDE ROAD RG1 3FG | Flat/Maisonette | £272,500 | 5 Jan 2026 |
FLAT 8, STIRLING HOUSE, 55, SILVER STREET RG1 2SU | Flat/Maisonette | £232,500 | 19 Dec 2025 |
110, LUSCINIA VIEW, NAPIER ROAD RG1 8AF | Flat/Maisonette | £285,000 | 19 Dec 2025 |
FLAT 5, 129, OXFORD ROAD RG1 7UU | Flat/Maisonette | £127,500 | 19 Dec 2025 |
21, BRECHIN COURT, KENDRICK ROAD RG1 5DH | Flat/Maisonette | £230,000 | 19 Dec 2025 |
The most recent recorded sale in RG1 was a flat/maisonette property on Selborne Court for £340,000 in January 2026. Across the last 20 sales, the median price was £290,000.