For many, gaining access to the ownership ladder seems like an impossible feat.
House prices are undeniably high and rising, and the south of England is one of the most difficult places to buy a first home.
Berkshire is one of the most expensive places in the country to live, but it’s not a level playing field.
Read more: Latest real estate news
Savills, a chain of estate agents, has compiled land registry data to rank each borough in Berkshire from most expensive to most affordable.
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The average Berkshire home has brought buyers down to around £ 472,000 in 2021, but some areas are priced much higher.
Perhaps it’s no surprise that Windsor tops the list – being the Queen’s neighbor doesn’t come cheap.
The average property brought to the Royal City in 2021 cost owners around £ 584,706, 23% more than the county average.
Neighboring Maidenhead has seen houses sell for a similar price, with buyers paying close to £ 555,499.
On the opposite end of the spectrum, homes in West Berkshire have sold for much less than the county average.
Most houses in Thatcham, Newbury and Hungerford are much more reasonably priced.
In fact, Thatcham has been named one of the more affordable places in Berkshire, with the average house selling for around £ 329,803, which is 30% less than most other areas.
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Slough has also seen house prices stay below par.
Properties in the growing suburban town were costing 10% less than elsewhere and were typically valued at around £ 423,000.
Despite its excellent transport links, houses in the County of Reading town cost considerably less than wealthier areas.
Buyers in 2021 paid around £ 379,401, on average, 19% less than the average price.
However, Wokingham was more expensive than the country average, just behind Windsor and Maidenhead.
Buyers paid around £ 511,249 when buying their property in 2021.
The average cost of a house in Berkshire:
City // average cost // percentage compared to the departmental average
- Windsor – £ 584,706 / / 23.9%
- Maidenhead – £ 555,499 / 17.7%
- Wokingham – £ 511,249 // 8.3%
- Woodley – £ 440,592 // -6.7%
- Slough – £ 423,439 // -10.3%
- Sandhurst – £ 404,120 // -14.4%
- Bracknell – £ 386,883 // -18.0%
- Reading – £ 379,401 // -19.6%
- Newbury – £ 378,679 // -19.8%
- Hungerford – £ 366,661 // -22.3%
- Thatcham – £ 329,803 // -30.1%
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The latest episode of the Real Reading Podcast is now available and features the villages, rivalries and ukeleles of Berkshire. Listen below or on your favorite podcast app by clicking here.