House prices in Reading
The average house price in Reading is £361,243, based on the latest June 2026 HM Land Registry House Price Index. Over the past year, prices in Reading have been broadly flat (+0.9%), and over the last five years they have risen strongly (+16.2%). Five years ago the average was around £310,801. That puts Reading 23% above the England average of £293,262. That makes Reading the 93rd most expensive of 317 local authorities in England & Wales, and the 228th fastest-rising over the past year.
House prices in Reading peaked at around £361,243 (June 2026). Since 1995 the average has changed by +519.6%. Adjusted for inflation, prices are -8.7% in real terms over the last five years, so in today’s money they have lagged behind the wider cost of living. Remember this is an area average: your own home’s value depends on its exact street, size and condition.
How Reading compares
| Area | Average price | 1 year | 5 years |
|---|---|---|---|
| Reading | £361,243 | +0.9% | +16.2% |
| England | £293,262 | +1.8% | +10.2% |
| South Hams | £360,571 | -6.8% | +3.8% |
| Basildon | £360,294 | -1.0% | +11.6% |
| Castle Point | £362,602 | -1.1% | +12.9% |
Areas with similar house prices
- South Hams:£360,571
- Basildon:£360,294
- Castle Point:£362,602
- City of Bristol:£356,824
- Central Bedfordshire:£356,453
- Stroud:£355,953
Compare with the England average, or browse all areas and the latest movers.
Frequently asked questions
What is the average house price in Reading?
The average house price in Reading is £361,243 as of June 2026, according to the HM Land Registry House Price Index. This is an average across all property types.
Are house prices in Reading rising or falling?
Over the last 12 months, average prices in Reading have been broadly flat (+0.9%). Over five years they have risen strongly (+16.2%). Month-to-month figures can be volatile, so the yearly trend is more reliable.
How much deposit do you need to buy in Reading?
On the average Reading home, a 10% deposit is about £36,124, and a 5% deposit around £18,062. Your mortgage is then based on the rest: see how that looks with our mortgage calculator.
Where do house prices in Reading rank in the UK?
Of 317 local authorities in England & Wales, Reading is the 93rd most expensive and the 228th fastest-rising this year. See the full rankings and movers.
How can I find out what my Reading home is worth?
Use our free house value calculator: enter your postcode and what you paid, and it estimates today's value from Land Registry data. For a precise figure, ask a local estate agent or RICS surveyor.
Contains HM Land Registry data © Crown copyright and database right. Open Government Licence v3.0.