Baydon Drive, Reading – Recently Listed and Sold STC in June
Reading Property Market Update – June 2023
By Charlie Higgs – Owner Village Properties
What’s new and what’s Sold in Reading this month.
In this month’s market comment, we present a selection of some of our most recently listed homes for sale in Reading.
Without wishing to be drawn into the current mostly negative media speculation on the property market, although it would be fair to say that you shouldn’t believe all that you read in the press… In this month’s article, we focus on what’s happening with the local Reading property market.
Whilst the local market is certainly not the fast-paced seller’s market of the first half of 2022, there remains plenty of buyer activity and with the less frantic market, there is a greater selection of properties for buyers to choose from.
The more relaxed market conditions allow buyers more time to look around, which is great news for those with a home to sell, as the current conditions give these buyers a chance to find their dream home with time to sell their property without too much concern about being beaten to it by another buyer.
To see the very latest homes coming to the market, click ‘New to market homes’, this lists all of the very latest homes as they come to the market.
Mortgages
As with the property market, the mortgage market also suffers from rather negative reporting, which does cast doubt in the minds of some.
Truth is, there are more than 5000 mortgage products in the marketplace right now, and whilst news of increasing interest rates is grabbing the headlines, mortgage availability is still incredibly strong.
It’s also true that some mortgage products were withdrawn, and some high street lenders temporarily limited their ranges, but these are now back in the market and will continue to lend.
Why not talk to our mortgage advisors The Money Guardian, a firm of local independent financial advisors, feel free to call them on 0118 466 8712. I can highly recommend them as they have helped many of our clients, including myself.
Recently listed
Recently listed homes for sale in Reading –
Baydon Road, Reading – Price £650,000
Park Lane, Tilehurst, Reading – Offers over £285,000
Wamford Road, Tilehurst, Reading – Guide Price £425,000
Hazelwood Close, Tilehurst, Reading – Price Guide £450,000
Fifth Avenue, Garston Park, Tilehurst, Reading – Offers over £285,000
Considering a move this summer?
If you are considering a move this summer, our advice to sellers is fairly straightforward, asking price is key. Buyers are price sensitive and sellers that are overly optimistic in their asking price are not getting the all-important first crop of viewing interest, so are not getting offers. Price your home sensibly and properties generally sell.
See our ‘Recently Sold Properties’.
Ready to move?
If you are thinking of selling your home in Tilehurst, Twyford or the surrounding areas of Reading, please call me to arrange an informal conversation about how we might help you with this.
You can also book a Face to Face Valuation, or use our Instant Online Valuation tool.
Charlie Higgs – Village Properties Tilehurst & Twyford
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