My Bespoke Agent Posted: 25th November 2025

Reading Property Market Update 2025 and Outlook for 2026

The 2025 Reading Property Market A Study Of This Year’s Trends And What Will Happen In 2026

With the end of the year approaching, I wanted to share a complete and factual overview of what has happened in both the UK and Reading property markets during 2025. This report covers the key trends for homeowners, home buyers and landlords, backed by verified statistics up to 16 November to ensure a fair comparison with previous years.

Below is a deep dive into listings, sales, prices, and the forces shaping both the UK and our local Reading and surrounding property market, RG1 to RG6 .

UK Property Market Performance In 2025

More Homes Coming To Market But Prices Holding Steady

In 2023, a total of 1,407,751 homes were listed for sale across the UK.
In 2024, this increased to 1,521,906.
In 2025, listings rose again to 1,567,258, showing clear confidence from sellers.

Average asking prices:

  • 2023 £422,722 (£361 per square foot)

  • 2024 £430,868 (£372 per square foot)

  • 2025 £429,684 (£383 per square foot)

Price per square foot increased in 2025, but this rise was driven mainly by the type of homes entering the market. More smaller, lower priced homes and more high value homes came to market this year, both categories that naturally achieve higher £ per square foot figures. This shifted the averages upwards even though headline asking prices barely moved.

UK Sales Activity Hit Its Strongest Level Since Before The Pandemic

Sales agreed (sold subject to contract):

  • 2023 824,665 at £356,026 (£331 per square foot)

  • 2024 958,239 at £360,755 (£338 per square foot)

  • 2025 997,472 at £362,703 (£334 per square foot)

Sales reaching exchange and completion:

  • 2023 689,542 at £357,134 (£330 per square foot)

  • 2024 734,148 at £355,168 (£332 per square foot)

  • 2025 782,776 at £361,086 (£338 per square foot)

The real trend here is not rising prices. Instead, it is rising activity. More people are moving. More transactions are completing. And the underlying demand for homes remains strong right across the country.

Transaction volume is the clearest indicator of market health, and by that measure, the UK housing market strengthened significantly in 2025.

What Is Behind The UK Property Market’s Stability In 2025

Several key influences have supported the market this year:

1. Falling mortgage rates

As borrowing costs eased after the peaks of 2023, many buyers who had paused their plans came back into the market.

2. Wage growth outpacing inflation

This boosted affordability and gave households greater confidence.

3. Slightly rising but still low unemployment

The job market remains strong, giving people the security needed to buy.

4. Lifestyle changes

Post pandemic preferences for space, flexibility and outdoor access continue to shape demand.

5. A long term shortage of new homes

The UK needs 300,000 new homes per year but has delivered an average of only 210,000 over the last 30 years. That leaves a shortfall of around 2.7 million homes. Demand is far higher than supply, helping to underpin prices.

The Reading Property Market 2023 2024 And 2025 Compared

Reading’s market has followed the national trend in some ways but has also developed its own clear patterns.

Reading Listing And Sale Figures

2023

  • 3,596 homes listed

  • Average asking price £470,437

  • 1,909 completed sales

  • Average achieved £451,530

2024

  • 4,038 homes listed

  • Average asking price £451,938

  • 2,017 completed sales

  • Average achieved £428,078

2025

  • 4,131 homes listed

  • Average asking price £452,679

  • 2,049 completed sales

  • Average achieved £441,525

Listings are rising each year and the number of sales reaching completion is rising too. Prices have remained stable. This shows a market that is healthy, balanced, and supported by genuine demand rather than short term spikes.

I cover Reading’s key areas daily, including central Reading, Earley & Lower Earley, Woodley and Tilehurst, and the picture across each is very similar. Buyers remain active, sellers are motivated and well priced homes are getting strong attention.

What Will Happen To The Reading Property Market In 2026

Reading never follows the national picture exactly. Our market is shaped by:

  • Commuter demand

  • Major employers

  • University growth

  • Local wages

  • Transport links

  • New developments

  • School catchments

  • Lifestyle needs

These forces create micro markets within Reading and they can move differently to the UK as a whole.

The Most Important Statistic For 2026

In the past two years:

  • Only 53 percent of UK homes listed for sale actually sold

  • In Reading the figure was 55.71 percent

That extra two to three percent matters. It shows that well priced homes in Reading sell faster and more reliably than the UK average.

Why Pricing Correctly Is The Key Factor

Across millions of UK home sales:

  • 53 percent of properties that sell do so within 35 days

  • 71 percent within 63 days

  • Homes that find a buyer within 25 days have a 94 percent chance of completing

  • Homes that take 100 days to find a buyer see that drop to 56 percent

Hamptons analysis shows that British homes typically sell within 0.9 percent to 1.3 percent of their final asking price. This is the price before going under offer, not the original price if it was reduced.

That means getting the price right on day one is critical.

What This Means For Reading Homeowners And Landlords

As a long standing local agent, I study Reading housing data every single day. I track:

  • What sells

  • What sticks

  • How long it takes

  • How buyers behave

  • Which homes achieve full price

  • Which areas move fastest

  • Why properties complete or fall through

If you are planning a move in 2026, timing and pricing will make the biggest difference to your outcome. Your home needs to launch at a price that attracts the right buyers quickly. That is how we secure a smooth, successful sale.

Thinking Of Moving In 2026

We offer:

  • A realistic, data led valuation

  • A full pricing strategy based on current Reading trends

  • One point of contact from valuation to completion

  • High quality marketing across all major portals and social channels

  • Local knowledge built over twenty five years in Reading

If you want to discuss your home, your plans or the Reading market in more detail, get in touch.

Book your valuation today

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Mark is a fantastic estate agent. He is not only professional but also genuinely cares about his clients’ needs. Mark consistently provided honest and thoughtful opinions on every property we viewed, which made the entire process much easier and more transparent.
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Can highly recommend Mark from Bespoke agents. Very pro active and good communication all round during the sale of our flat. Great with social media as well and reaching out to potential buyers.

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From beginning to end, Mark was excellent in every respect. He is knowledgeable, professional, reliable and affordable and it was a pleasure to deal with. Thank you so much Mark for a 5 star service!

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He was extremely professional, friendly, and well-prepared, answering all my questions with great detail and patience. His knowledge of the property and the local area was impressive, making it both informative and enjoyable. I really appreciated his helpful approach and clear communication. I highly recommend Bespoke to anyone looking for a professional and reliable estate agent. Thank you for your excellent service!

Manish S

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We recently sold our house with the help of Mark at Bespoke Estate Agent, and we couldn’t be happier with the experience. From start to finish, Mark demonstrated exceptional professionalism, expertise, and genuine care for our needs.
What stood out most was the personalized approach. Mark took the time to understand what made our property unique and crafted a tailored strategy to showcase it in the best light. The marketing was superb—professional photography, compelling descriptions, and well-targeted outreach.
Communication was seamless throughout the process. Mark kept us informed at every stage, promptly answering our questions and providing valuable insights that made the entire experience stress-free. His negotiation skills were second to none, and we were thrilled with the final outcome.
If you’re looking for a knowledgeable, personable, and proactive estate agent who truly goes above and beyond, we can’t recommend Mark and Bespoke Estate Agent enough. Thank you for making what can be a daunting process smooth and easy.

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Selling my apartment whilst living abroad was a long and drawn out business filled with problems. But fortunately I had Bespoke Estate Agents working for me. Mark is an agent who goes above and beyond to make sure that you are always kept informed about every situation. Whilst putting in a lot of time and a huge amount of effort to make everything happen to ensure the sale progressed. Very highly recommended.

Melvin

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The only way to sell your property! What a refreshing change! Right from the word go Mark proved himself to be outstanding in his approach. Our property was showcased brilliantly, including a personal video walk through, excellent photography, drone video both inside, and outside the property and the local area also sharing personal knowledge of the local area. The valuation process is researched thoroughly and shared with the seller. Mark kept us informed promptly. The property was marketed so quickly and viewings were booked the same day and every day after that. We were amazed. Well done Bespoke for standing out from the rest. We thoroughly recommend Bespoke Estate Agents for your best choice of Estate Agent.

Maxine

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Brilliant service from start to end. Quick to respond and keep us up to date. Very good photos and descriptions given. Well organised with plenty of viewings and a very good rate - would definitely recommend!!!!

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The presentation of our property. The in care in keeping us full informed. Speed in finding a buyer. We loved the drone presentation.

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You have been amazing -thank you so much for your professionalism, attention to detail, always keeping us informed and obtaining the price you did. Will definitely recommend you. Celia & Paul

Celia & Paul

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“Bespoke Estate Agents were very informative on my initial meeting with them. Throughout the process of selling my home I was kept up to date with any feedback from potential buyers and felt that their knowledge and experience has made this notoriously stressful time much smoother for me. Always helpful and poIite with a very positive outlook I would highly recommend them.” - Jan Moloney.

Jan M

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Really impressed with MyBespokeAgents! Mark and Oliver have been great at communicating to us about viewings and the sale progress. First week our flat was on the market and we received 3 offers (1 above asking!)! Very accommodating to us with timings and cats. Very personable people and very happy with the service! X

Amy C

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A fantastic agent with a wealth of knowledge. No bias, just good old fashioned honest integrity. I would highly recommend Mark and his years of experience in finding the right home for the right buyer. 

Kay G

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I dealt with Mark Heneghan as a buyer and found him to be excellent. Very thorough and professional. Overall, very happy. Thank you Mark.

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I have been dealing with Mark Heneghan who has been excellent from the start, available day and evening, answers all questions very promptly, has offered unbiased advice and generally has been easy to work with. Excellent service.

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Mark Heneghan's advice has been invaluable in assisting my family sell our late uncle's house. I would highly recommend him as a local property expert and certainly recommend Mark to anyone wishing to sell their home. Nothing has been too much trouble for Mark and with us living some distance away from the property this has made everything so much easier.

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We couldn't have asked for better service from Mark Heneghan. Our experience has been exactly as he promised in our initial meeting with him; personal, professional and enthusiastic. His experience and knowledge of property in this area and his availability to respond to our queries was particularly impressive. We would highly recommend working with him.

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