The average property value in Wokingham is £493,478 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Wokingham grew by £40,089. Compare house prices by area
Average property prices in Wokingham grew by 8.8% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.4% per year.
If prices in Wokingham continue to rise by 4.4% a year, the average property price will be £585,976 in 2025.
There were 2,850 property sales in Wokingham in the year ending June 2021, an increase of 384 when compared to the previous year.
The average price for a house in Wokingham ranges from £363,710 for a terraced house to £649,038 for a detached house, with semi-detached in between costing on average £441,029.
The average price for a flat or maisonette in Wokingham is £244,688.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Wokingham, terraced house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 46.6% from £442,671 to £649,038, semi-detached house prices have risen 59.8% from £276,012 to £441,029, terraced house prices have risen 62.0% from £224,523 to £363,710, and flat prices have risen 31.9% from £185,540 to £244,688.
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The most common type of property sold in Wokingham during the year ending June 2021 was detached houses, which accounted for 41.3% of properties.
The least commonly available type of property sold in Wokingham were flats, which account for 9.2% of properties sold.
Of the properties sold in Wokingham during 2021, 2.7% were new build properties.
The average price paid for a new build property in Wokingham was £41,298 lower than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (45% of new build properties sold). For existing properties, the most common type is detached houses (41% of existing properties sold).
The most common price band for property sales in Wokingham is £400k - £500k, which accounted for 16.6% of properties sold in 2021.
2.3% of properties in Wokingham had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Wokingham were in the £100k - £150k price bracket, accounting for 0.3% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics