Latest figures indicate that the extended deadline for Brexit has created a renewed confidence in the UK property market, triggering an increase in mortgage enquiries and, a 1% increase in average property prices within Rightmove’s property portfolio*.

Reading is a prime example of a buoyant market where property prices have been steadily rising over the last 10 years with developers such as the Berkeley Group investing in the City. Key factors which have sparked growth include the evolution of The Oracle shopping centre, the £900m Station upgrade and the announcement of Crossrail.

Recent accolades for Reading include: ‘Best Town/City’ at the Thames Valley Property Awards May ’19 and ‘The Best Place to live in the UK for First Time Buyers’ in the Sunday Times report last month – further cementing Reading’s prominence on the UK property landscape.

Steve Woodford, Managing Director, Haslams, comments “Property values in Reading have experienced consistent growth over the last decade with town centre apartments rising in value by 75% over the last five years. With Crossrail now imminent and talks of a new fast, direct rail link to Heathrow, we believe that real estate in Reading will continue to offer a solid investment proposition.”

Deana Everingham, Sales & Marketing Director, Berkeley Homes (Western), comments: “Capital of the Thames Valley, Reading has so much to offer residents, employers and investors alike: the UK’s largest tech cluster; home to 13 of the world’s top 30 global brands; excellent employment opportunities with the highest wages in the UK outside of London; superb transport connections; outstanding education; to name but a few.

“As a developer, we are investing heavily in the area. By Summer 2019, buyers will be able to choose from a wide range of high quality waterside homes across three different Berkeley developments; New England style lakeside living at Green Park Village; contemporary apartments at Reading’s first lifestyle hub, Bankside Gardens; plus our latest scheme to join the property landscape - town centre riverside homes at Huntley Wharf.”