Wokingham

Area Guide For Wokingham

Wokingham is a market town and civil parish in Berkshire in South East England about 33 miles West of Central London. With a huge amount of history and a fantastic, relaxed feel, it is a real English gem. Wokingham houses for sale have a real character and this makes the area one of the most desired places to live in UK. Wokingham is a fantastic place to be a landlord, with commuter links to London, Reading, Bracknell and the surrounding area it really is a idealistic place to purchase an investment property.

 
 

Wokingham Map

Estimated Price: £465,792
Average Asking Price: £536,378
Price change in last one year: £41,125
Average Price Paid: £341,248
Average Rent Rates: £1,985

 
 

Property Prices Breakdown in Wokingham

Average Price for property in Wokingham is around £465,792 which varies based on type of property you are interested in and ranges from £598,213 for detached house to around £379,427 for semi-detached. Similarly terraced house is around £311,752 and a flat is worth £261,228. Values have been changing and have risen £5,816 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,405 in last 6 months, £41,125 in last 1 year, £74,681 in last 2 years, £69,382 in last 3 years, £81,053 in last 4 years and £76,141 in last 5 years.

Currently average asking price of a property in Wokingham is around £536,378 based on approximately 937 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £1,985 per month.

Estimated property value in Wokingham is £465,792. Average asking price is £536,378 while average price paid is £367,378 which is up by £41,125 and Avg. asking rent £1,985.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 Wokingham area. In last 1 year alone average price buyer paid is around £367,378 based on approximately 937 sales in Wokingham area alone. If you compare it to last 3 years sales of 2,771 properties where buyers paid around £346,071. 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 £341,248 for 4,434 and average amount paid for purchase of approx. 5,882 properties sold in last 7 years comes to about £335,435 per sale.

 
 

Properties For Sale in Wokingham

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £212,475, £269,317 for a 2 bedroom house, £380,533 for a 3 bedroom house, £593,035 for a 4 bedroom house and £863,218 for a 5 bedroom house. For a flat similarly the prices varies from £187,829 for a single bedroom to £243,297 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £269,983. To sum up the asking prices for properties in Wokingham it comes to around average £196,791 for 1 bedroom property, £254,923 for 2 bedroom, £373,900 for 3 bedroom, £593,035 for 4 bedroom and £863,218 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £626 for 1 bedroom to £1,122 for 2 bedrooms, £1,398 for 3 bedrooms, £2,091 for 4 bedrooms and £2,516 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £815. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,110. You should be generally be expecting around average £777 rent per month for single bedroom property, £1,117 for 2 bedroom, £1,398 for 3 bedroom, £2,091 for 4 bedroom and approximately £2,516 for a 5 bedroom property in Wokingham area.

Popular Houses in Wokingham

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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