Latest Crowthorne RG45 7 Street January 2025

In-Depth Analysis: RG45 7 Crowthorne Property Trends by Street (2025)

Introduction

The property market in Crowthorne, particularly in the RG45 7 postcode area, has shown interesting trends over the past year. This analysis delves into the street-level data, offering insights into property values, sizes, and recent sales activity. Our data is current as of January 10, 2025, providing a comprehensive view of the local real estate landscape.

Overall Market Performance

Before diving into street-level data, let’s contextualize RG45 7 within the broader Crowthorne market:

• Median price per square meter: £4,630
• Price range (middle 50% of properties): £3,950 to £5,430 per square meter
• Annual nominal price increase: 8.4%
• Annual real price increase (adjusted for inflation): 4.1%

Notably, RG45 7 has outperformed the wider RG45 district, which saw a 0.6% nominal decrease (4.6% real decrease) over the same period.

Street-Level Analysis

Let’s examine the top-performing streets in RG45 7:

1. Grant Road (RG45 7J)

• Average property size: 129 sqm
• Average price per sqm: £5,394
• Recent sales: 10

Grant Road stands out with the highest average price per square meter. Its larger-than-average property sizes suggest a mix of family homes and potentially some premium properties.

2. Pinehill Road (RG45 7J)

• Average property size: 156 sqm
• Average price per sqm: £4,992
• Recent sales: 13

Pinehill Road boasts the largest average property size in our dataset. Despite slightly lower per-square-meter prices than Grant Road, the overall property values here are likely to be among the highest in the area due to their size.

3. Cambridge Road (RG45 7E)

• Average property size: 80 sqm
• Average price per sqm: £4,667
• Recent sales: 13

Cambridge Road presents an interesting case with smaller properties but relatively high per-square-meter prices. This could indicate a popular location for smaller families or professionals.

4. Heath Hill Road South (RG45 7B)

• Average property size: 67 sqm
• Average price per sqm: £3,965
• Recent sales: 15

While the per-square-meter price is lower, Heath Hill Road South has seen the most recent sales activity. This could suggest a more dynamic market for smaller, potentially more affordable properties.

Market Dynamics and Trends

• Property Size Variation: There’s significant variation in average property sizes across streets, from 55 sqm on Albert Walk to 156 sqm on Pinehill Road. This diversity caters to a wide range of buyer preferences and budgets.
• Price-Size Relationship: Interestingly, there isn’t always a direct correlation between property size and price per square meter. For instance, Grant Road has higher per-square-meter prices than Pinehill Road, despite having smaller average property sizes.
• Sales Activity: Streets with more moderate prices, like Heath Hill Road South and South Meadow, have seen higher sales volumes. This could indicate a more active market for mid-range properties.
• Micro-Location Factors: The significant price variations between nearby streets (e.g., Grant Road vs. Heath Hill Road South) highlight the importance of micro-location factors in Crowthorne’s property market.

Comparative Analysis

When compared to neighboring areas:

• RG45 7 (Crowthorne): £4,630/sqm median
• RG45 6 (Crowthorne): £4,930/sqm median
• RG40 3 (Finchampstead): £4,940/sqm median
• RG12 7 (Bracknell): £4,100/sqm median

RG45 7 sits in the middle of this range, offering potentially good value compared to some neighboring areas while maintaining higher values than others.

Recent Notable Sales

1. 8 Arlott Green: Sold for £500,000 (128 sqm, £3,906/sqm) in November 2024
2. 282 Sandhurst Road: Sold for £658,000 (146 sqm, £4,506/sqm) in November 2024
3. 2 Furzehill Crescent: Sold for £495,000 (79 sqm, £6,265/sqm) in November 2024

The sale at Furzehill Crescent is particularly noteworthy, achieving a significantly higher per-square-meter price than the area average. This could indicate either a premium micro-location or exceptional property features.

Market Outlook

While predicting future trends is challenging, several factors suggest a potentially stable market in RG45 7:

1. Diverse Property Types: The variety in property sizes and prices indicates a market that can cater to different buyer segments, potentially providing resilience against market fluctuations.
2. Outperformance: The area’s outperformance compared to the wider RG45 district suggests underlying strength in the local market.
3. Steady Sales Activity: Consistent sales across various streets indicate ongoing demand in the area.
4. Value Proposition: With prices lower than some neighboring areas but higher than others, RG45 7 may attract buyers looking for a balance of value and desirability.

Conclusion

The RG45 7 area of Crowthorne presents a dynamic and diverse property market. From the premium prices on Grant Road to the active market on Heath Hill Road South, there’s evidence of varied opportunities for both buyers and sellers. The area’s recent outperformance of the wider district, combined with its diverse housing stock, suggests a resilient market with potential for continued stability or growth.

For potential buyers, understanding these street-level nuances can be crucial in making informed decisions. For current homeowners, this granular data provides valuable context for understanding their property’s position in the local market.

As always, while these trends provide valuable insights, individual property characteristics and broader economic factors will play significant roles in specific property valuations and future market movements.

 

 

The citations include:

• HM Land Registry for house price data
• Office for National Statistics for inflation data
• Crowthorne Parish Council for local market information
• Bracknell Forest Council for regional housing market assessment
• Royal Institution of Chartered Surveyors for broader market trends