📍The Reading Monthly Edit - MAY 2025
🗣️ A NEW monthly drop just for you, covering all things Reading.
📲 From community to events, places to check out and Reading property market updates and advice, I've Got Your Back 🫶🏾
(Finally) Sold Before We Dai’d
Reading Football Club has been saved from a troubled past under previous owner Dai Yongge by new owner Rob Couhig, formerly the owner of Wycombe Wanderers. The takeover, which includes the Select Car Leasing Stadium and Bearwood training ground, ends a long period of financial difficulties and controversy under Yongge's stewardship (to put it politely). Onwards & upwards! URZ..
Watch my full Reading Market Update HERE
📊 Reading Property Market Update – May 2025
By Kiel Holder, Your Reading Avocado Property Partner – Covering RG1, RG2, RG30 & RG31
Welcome to your May edition of the Reading Market Update – your go-to source for everything you need to know about what's happening right here in the Reading property market.
Today’s update comes to you from the tranquil Abbey Wharf – because why not? The sun is shining, and it’s a great time to take stock of what’s going on in our local housing market.
Let’s dive in 👇🏾
🔍 April at a Glance:
380 new properties came to market in Reading
284 homes went under offer – that’s 74% of new listings
At Avocado, we achieved 100% of our homes going under offer 💥
✅ Completions and Withdrawals:
187 properties reached exchange – around 60% of April’s listings
121 homes were withdrawn from the market – that’s a 39% withdrawal rate
Avocado? Zero withdrawals – every home remained active and progressing
❌ Fall-Throughs:
Across the area, 78 properties fell through – about 27%
At Avocado, we had zero fall-throughs once again
🔻 Price Reductions – The Big One:
This stat is perhaps the most telling of all. Of the 380 new homes listed, 239 reduced in price – a staggering 63%. That means nearly 2 out of 3 sellers are having to lower their asking price to stay competitive.
At Avocado, we only reduced 16% of our listings – a massive difference that reflects how pricing strategy and marketing make a measurable impact.
📉 What’s Driving the Market Right Now?
From political uncertainty (yes, tariffs and Trump again…) to changes like the Renter’s Rights Bill, the market is being pulled in all directions.
However, lenders are keen to lend, and with the Bank of England lowering the base rate, we’re seeing better mortgage products and lower interest rates. That means more quality buyers entering the market – just in time for the seasonal surge of sellers.
But let’s be clear – it’s still very much a buyer’s market.
🏡 The Key to a Successful Sale in 2025:
Correct pricing – essential in a cautious marketplace
Industry-leading marketing – beautiful photos and a Rightmove listing aren’t enough
A proactive agent – someone who takes your home to buyers, not just waits for buyers to come
At Avocado, we’re not just another agency. We’ve worked on the high street. We know the old model. And we’ve built a new one to deliver real results, tailored to modern buyers and sellers.
So, if you’re thinking of selling your 3 or 4-bedroom home in Reading and want a strategy that works, let’s talk.
📩 Contact me directly on the details below. Let’s make your 2025 move a smooth one.
Kiel Holder | Your Reading Avocado Property Partner 🥑
Small Business Owner & Dad
☎️ 07769 345 086
#ReadingProperty #AvocadoProperty #ReadingEstateAgent #MarketUpdate #MovingIn2025 #readinguk
Guenther Steiner Live: Unfiltered
The Hexagon, Reading
Friday 6th June, 7.30pm
East Reading Festival
Palmer Park, Reading
Sunday 22nd June, 12pm - 6pm
Reading Water Fest 2025
within Forbury Gardens, Abbey Ruins and along the River Kennet Saturday
28th June, 11am - 5pm
Check Fence and Gate Condition
Inspect for rot, damage, or loose pickets and make necessary repairs.
Test Smoke Alarms and Carbon Monoxide Detectors
Replace batteries if necessary and test the alarms to ensure they are working properly.
Check for Drafts
Seal any gaps or cracks around windows and doors to improve energy efficiency.
*Hit the banner above to visit our advice page filled with lots of helpful tips and information if you're thinking of moving.
*Hit the banner above to check out this month's 'The KLIC Investment of the Month' with all the info YOU want to see..
Sellers comments-
"I bought this property as my first home and absolutely loved it.
I was attracted to it because of its location, well maintained grounds, quiet and safety of the area. Working in the town centre I could walk to work easily and if I wanted to bus it, there is a bus stop right outside the development!
Train station with links to London also walkable and I made good use of that at weekends. It’s a great location to be very close to, but not in the town centre. It was a great space to have friends over and entertain with the large living room/diner area.
The property is easy to maintain and keep clean and I have recently had it decorated throughout to keep it fresh. Because of everything the home offers I would have been mad to sell it when I moved out and it went on make a brilliant rental investment for me.
It will make a lovely home for whoever is lucky enough to have it next!”
*Hit the banner above to check out this month's 'The KLIC' Reading blog for the full insight and latest info in the investor property market..
"Perfect for anyone who can't live without a burger fix. At Salt and Smash burgers are a passion - which juicy offering will you choose? With easy ordering and prompt delivery, you just need to tuck in and enjoy!"
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