RICS certified valuations for shared ownership properties. Required for staircasing, remortgaging or selling your share.
Regulated
If you own a shared ownership property in Reading and need to staircase, remortgage, or sell your share, you will need a RICS qualified valuation. This is a legal requirement and must be carried out by a registered valuer. We provide fast, accurate valuations across Reading and the surrounding Berkshire area, with reports typically completed within 3-5 working days.
Reading has become an increasingly popular location for shared ownership buyers, particularly thanks to new developments like L&Q at Bankside Gardens and Herons Lake in nearby Theale. With excellent transport links to London via the Elizabeth Line (reaching Central London in under 25 minutes) and the M4 motorway at junctions 10 and 11, Reading attracts commuters seeking more affordable routes onto the property ladder. Our local valuers understand the Reading market intimately and can provide you with an accurate valuation reflecting current market conditions.
Whether you have recently purchased through the shared ownership scheme or have been a leaseholder for several years, we understand that your property represents both your home and a significant financial investment. Our team has extensive experience valuing properties across all Reading postcode areas, from RG1 in the town centre to RG4 and RG5 in the surrounding suburbs. We ensure that every valuation report meets RICS standards and satisfies the requirements of housing associations, mortgage lenders, and solicitors throughout the shared ownership process.
£355,000
Average House Price (Dec 2025)
£332,375
RG1 Postcode Average
+1.2%
Annual Price Change
10,000 properties
Annual Sales Volume
Using listing data from home.co.uk and property data from homedata.co.uk
A shared ownership valuation is a specialist RICS assessment for homes bought through the shared ownership scheme. It is not the same as a standard mortgage valuation. The report sets out the full market value of the property and the percentage share you own now, which matters for staircasing, remortgaging your current share, or selling your interest on the open market.
We send a RICS registered valuer to inspect the property, compare it with similar sales in the Reading area, and draw together a proper assessment. In Reading, that means looking at the development type, the lease remaining, where the home sits within the town, so RG1, RG2, RG4 or another postcode area, and the market at the time of inspection. With the RG1 postcode area showing a 3% rise over the past year, getting the figure right matters more than ever.
Our Reading shared ownership valuations follow all RICS guidance and meet the needs of housing associations and mortgage lenders. We set out both the full market value and the figure for your specific share percentage, which housing associations then use for staircase prices or resale values. Each report includes local comparable evidence from the Reading market, so the basis for the valuation is clear from start to finish.
When you staircase and buy a larger share, the housing association uses our valuation to work out the price of the extra percentage. If you are selling your share on the open market, the same valuation sets the asking price. Our valuers understand how shared ownership leases operate, and they will also look at things such as remaining lease term, service charge obligations, and restrictions on alterations that can affect value.
Source: Land Registry December 2022
Reading and the surrounding area have a number of active shared ownership schemes. L&Q at Bankside Gardens offers 1, 2, and 3-bedroom apartments in Reading town centre, with shared ownership starting from £71,250 for a 25% share of a property valued at £285,000. Herons Lake in Theale has larger family homes too, including 2-bedroom flats from £124,000 for a 40% share and 2-bedroom mid-terrace houses from £148,000.
Those are exactly the sorts of homes we value week in, week out. It might be a new-build apartment or a terraced house in an older Reading street, our team has the experience to give a sound valuation. Local detail matters here, with terraced properties averaging £342,315 and flats at £230,677 in the RG1 postcode area, so the report needs to reflect those figures rather than broad assumptions. We keep our knowledge of Reading developments up to date, which keeps the comparable evidence current.
Newer schemes such as Bankside Gardens and Herons Lake call for a slightly different eye. We look at the remaining lease term, typically 99 or 125 years from the point of first sale, along with builder specifications and the condition of the communal areas. Those details can move the value quite a bit, and our Reading experience helps us judge how they play out in practice.
Booking is straightforward, just choose the property type and a time that suits you through our online system. We offer evening and weekend slots across Reading and Berkshire. After that, our booking team confirms the appointment within 24 hours and sends over a checklist so the inspection can run smoothly.
One of our RICS registered valuers then visits your Reading property and carries out a full inspection. Depending on the size of the home, this usually takes 30-60 minutes. We photograph each room, note the overall condition, and record anything that could affect value, such as recent improvements, alterations, or defects. We also measure the property to check the floor area shown in the title documents.
After the inspection, our valuer prepares the official RICS valuation report and compares the property with recent sales in the Reading area. We aim to send the report within 3-5 working days. It includes our professional opinion of the full market value, the value of your current share, and comparable evidence that supports the figure. We also add context on current conditions in your specific Reading postcode area.
We send the completed report to you electronically, ready for your housing association, mortgage lender, or solicitor. If needed, we can also send it directly to the housing association. Once you have had a chance to read it, our team is still on hand to answer any questions about the valuation.
If you are staircasing to own 100% of the property, you will usually need a full RICS Level 2 or Level 3 survey as well as the valuation. That way, any defects are identified before full ownership responsibility passes to you. Speak to our team about combined packages that put the valuation and structural survey into one appointment.
Reading has its own quirks, and that is why shared ownership valuations here need proper local knowledge. The town sits where the River Thames and River Kennet meet, so neighbourhoods vary, flood risk included, and that can affect value. Lower-lying places near the river may need extra care in the valuation, while homes on higher ground in areas such as Caversham or Katesgrove may achieve premiums. We know the flood risk zones in Reading and take them into account where relevant.
The Reading housing market has held up well, with average prices rising by 1.2% from December 2024 to December 2025 and reaching £355,000. Central Reading, covered by the RG1 postcode area, has done even better at 3% annual growth, although it is still 3% below the 2022 peak of £342,210. That means your valuation needs to reflect the wider Reading picture and the finer detail of your postcode area. In RG1, terraced properties have averaged £342,315 and flats £230,677 over the past year.
Transport links have a real effect on values in Reading. The Elizabeth Line gets you into Central London in under 25 minutes, which keeps commuter demand strong. There is also the M4 at junctions 10 and 11 for direct road access to Bristol and London. Homes close to Reading Station or with easy motorway access often command a premium, and we account for that in our assessments. The Oracle Shopping Centre and Broad Street Mall also help support values in the town centre and nearby streets.
Reading’s jobs market is another reason property values stay supported. Major employers include Oracle Corporation, Huawei, and the University of Reading, alongside plenty of tech and finance firms based in the town centre. That spread of employment attracts buyers to shared ownership, especially first-time buyers who are drawn to the lower entry cost. We understand how those local employment patterns affect demand for different homes across Reading’s neighbourhoods.
All our Reading valuations are handled by RICS registered valuers with deep local experience. Our team knows the finer points of shared ownership homes, from new-build flats in town centre schemes to terraced houses in suburban streets. We keep track of the latest Reading data too, including price trends in the RG1, RG2, RG4, and RG5 postcode areas.
Each valuer is trained to assess the full range of housing found in Reading, from Victorian and Edwardian terraced homes in areas such as East Reading to modern apartments at developments like The Blade or Forbury Place. We know how lease terms, service charges, and development specifications shape shared ownership values. Our reports are accepted by all major housing associations and mortgage lenders operating in the Reading area.
We regularly inspect homes across the main shared ownership developments in Reading, including schemes run by L&Q, Orbit, Sovereign, and Catalyst housing associations. That gives us a clear grasp of the lease terms, service charge structures, and management arrangements used on each development. When you book with us, you benefit from that working knowledge and from our understanding of how these schemes are performing in the current Reading market.
Our reports are written in clear language and explain the valuation method without jargon. If you are a first-time buyer getting to grips with the shared ownership process, or a homeowner staircaseing towards full ownership, the aim is the same, to give you confidence in the figure and show how we reached it.
You will usually need a RICS valuation when staircasing to buy more shares, when remortgaging a shared ownership home, when selling your share on the open market, or at the end of the lease when the property is effectively sold. Your housing association will normally say when a valuation is needed and what type of report they want. In Reading, we most often see staircasing requests from owners at L&Q at Bankside Gardens and Herons Lake in Theale, as well as resales in the RG1 and RG2 postcode areas, where the market is especially active.
Our shared ownership valuations in Reading begin from £199 including VAT. The final cost depends on the property type and size, so flats in central Reading usually cost less than larger terraced or detached homes. We give clear pricing at the point of booking and there are no hidden fees. The fee reflects how complex the assessment is and how much comparable evidence is needed for your exact location within Reading.
The inspection itself usually takes 30-60 minutes, depending on the size of the property. We aim to issue the written report within 3-5 working days after the visit. If the staircase transaction is urgent, we will try to offer an expedited service where we can. During busy periods, it is sensible to book early, especially for homes in the RG1 postcode area, where demand for valuations is highest.
Before the appointment, we ask for your lease details, the share percentage you currently own, any service charge information, and details of improvements you have made. Our booking team sends a simple checklist in advance. If you still have documents from the original purchase, such as the leasehold title or the shared ownership lease agreement, they are useful for our valuer to review during the inspection.
Yes, every valuation is completed by a RICS registered valuer and accepted by all major housing associations in Reading and the wider Berkshire area. That includes housing associations such as Orbit, Sovereign, Catalyst, and L&Q. Our reports meet the specific requirements each association sets for staircase, remortgage, and resale work.
Absolutely, we value homes at these developments, and at other shared ownership schemes across the Reading area, all the time. Our valuers know the specifications, service charges, and lease terms that usually come with these new-build properties. Bankside Gardens in Reading town centre can be driven by different value factors from the family homes at Herons Lake in Theale, and we reflect that in our assessments.
Several Reading-specific factors feed into shared ownership values. The remaining lease term matters, as longer leases usually achieve higher values, and so does the service charge, which can vary sharply from one development to another. Location also plays its part, with RG1 town centre homes often valuing differently from RG4 and RG5 suburban properties, and the general condition of the property is important too. For our valuation, the most relevant comparables are recent sales of similar shared ownership homes in your own postcode area.
If you think the valuation includes an error, or if you feel comparable properties have not been weighted properly, you can ask for a review. We deal with concerns promptly and can provide extra comparable evidence to back up our assessment. In some cases, especially for staircase transactions, the housing association may also ask for an independent review or a second valuation from another RICS registered valuer.
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RICS certified valuations for shared ownership properties. Required for staircasing, remortgaging or selling your share.
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Homemove is a trading name of HM Haus Group Ltd (Company No. 13873779, registered in England & Wales). Homemove Mortgages Ltd (Company No. 15947693) is an Appointed Representative of TMG Direct Limited, trading as TMG Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FRN 786245). Homemove Mortgages Ltd is entered on the FCA Register as an Appointed Representative (FRN 1022429). You can check registrations at NewRegister or by calling 0800 111 6768.
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