Average Price for property in New Road, Reading, RG1 is around £551,315 which varies based on type of property you are interested in and ranges from £581,841 for detached house to around £577,737 for semi-detached. Similarly terraced house is around £487,080. Values have been changing and have risen £1,165 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,318 in last 6 months, £42,413 in last 1 year, £72,892 in last 2 years, £85,235 in last 3 years, £79,999 in last 4 years and £82,217 in last 5 years.
Currently average asking price of a property in New Road, Reading, RG1 is around £313,297 based on approximately 1 properties for sale. Same is the case with rental options based on 559 properties up for rent, average asking rent is around £2,481 per month.
Estimated property value in New Road, Reading, RG1 is £551,315. Average asking price is £313,297 while average price paid is £539,000 which is up by £42,413 and Avg. asking rent £2,481.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 New Road, Reading, RG1 area. In last 1 year alone average price buyer paid is around £539,000 based on approximately 1 sales in New Road, Reading, RG1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £447,381. 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 £447,381 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £447,381 per sale.