Key indicators for buyers
The RG11 market presents a mixed picture for buyers. Prices are rising at 12.2%, which may favour acting sooner rather than later. Affordability has improved from a peak of 12.7x in 2022 to 10.5x today. Rising rents (£1,480/mo, +4.5%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
The average property in RG11 sold for £185,000 in 2022, with a median of £185,000 across 1 transactions. Prices rose 12.2% compared to the previous year.
2022averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Wokingham area
A home in Wokingham costs 10.5x the local median salary — very stretched, improving from a peak of 12.7x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Wokingham area
Average monthly rent in Wokingham is £1,480, up 4.5% 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 Wokingham price of £185,000 with a 25% deposit (£46k), a 2-year fixed mortgage at 3.97% costs around £730 per month.
Monthly cost comparison based on current data
Uses RG11 avg. price with Wokingham rental data
Monthly mortgage payments (£730) are £750 less than renting (£1,480). However, buying requires an upfront deposit of £46k — it would take around 3 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FIRST FLOOR FLAT, 439, READING ROAD, WINNERSH RG11 5HU | Flat/Maisonette | £185,000 | 8 Nov 2022 |
FIRST FLOOR FLAT, 439, READING ROAD, WINNERSH RG11 5HU | Flat/Maisonette | £164,950 | 28 Mar 2014 |
DENTIST, 20A, DENTON ROAD, WOKINGHAM RG11 2DX | Flat/Maisonette | £365,000 | 30 Jan 2004 |
403, READING ROAD, WINNERSH RG11 5HU | Detached | £1,175,000 | 1 Mar 2000 |
DENTIST, 20A, DENTON ROAD, WOKINGHAM RG11 2DX | Flat/Maisonette | £60,000 | 13 Sept 1996 |
The most recent recorded sale in RG11 was a flat/maisonette property on Reading Road for £185,000 in November 2022. Across the last 5 sales, the median price was £185,000.
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.