What can you afford in Reading?
1,580 homes changed hands in Reading over the last 12 months (Jul 2025 – Jun 2026). Half sold for £347,250 or less, a quarter for under £267,000, and three quarters for under £440,250. Buying the median home with a 10% deposit needs roughly a £69,450 salary at the typical 4.5× lending multiple , see what £69,000 takes home.
Affordability in one number: the median home here sold for 8.5× the local median full-time salary of £40,700 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Reading
£347,250
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £267,000
- Three quarters under
- £440,250
- Sales
- 1,580
- HPI average
- £351,267
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 1,580 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 2.6% |
| £35,000 | £175,000 | 6% |
| £50,000 | £250,000 | 21.1% |
| £75,000 | £375,000 | 59.3% |
| £100,000 | £500,000 | 82.5% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £224,107 · 456 | ≈£44,821 |
| Terraced house | £345,000 · 582 | ≈£69,000 |
| Semi-detached house | £433,500 · 392 | ≈£86,700 |
| Detached house | £608,500 · 150 | ≈£121,700 |
For context, the UK House Price Index puts Reading average prices down 2.4% over 12 months.
Nearby in the index
- Pembrokeshire
- Pendle
- Portsmouth
- Powys
- Preston
- Redbridge
- Redcar and Cleveland
- Redditch
- Reigate and Banstead
- Rhondda Cynon Taf
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.