Neighbourhood · Reading

Caversham Balmore Park: house prices and how the area is changing

Official figures for the Caversham Balmore Park neighbourhood of Reading, England (ONS area Reading 003). Headline figures assembled 25 October 2026. Postcodes RG4. Figures that read a point use the neighbourhood's centre, near RG4 8NN.

One of the most affluent neighbourhoods in England, showing some signs of gentrification

Caversham Balmore Park is one of the most affluent neighbourhoods in England; it shows some signs of gentrification against Reading (3 of 18 signals rising, 1 falling). Houses here typically resell for £545,000 and flats for £285,000 (median resale prices, 2023-2025). Recorded crime is lower than across Reading (0.3 times the borough's rate), schools nearby are improving slower than the council's and the nearest station, Reading, is about a 23-minute walk from the neighbourhood's centre.

The neighbourhood in brief, from the figures on this page. Summary updated 25 October 2026; source dates are shown below.

Typical house price

£545,000

Median resale price of houses in the neighbourhood, 2023-2025; +22% against 2017-2019.

Source: HM Land Registry Price Paid Data

Typical flat price

£285,000

Median resale price of flats in the neighbourhood, 2023-2025; +19% against 2017-2019.

Source: HM Land Registry Price Paid Data

Affluence today

Among the most affluent

How well off the neighbourhood is now, from household income, home prices and deprivation.

Source: ONS, HM Land Registry, MHCLG Indices of Deprivation

Signs of gentrification

Some signs

Weighted balance +0.13; 3 of 18 signals up, 1 down, against the borough.

Source: Official statistics on prices, incomes, benefits, businesses, schools and more (a full report shows every signal)

Deprivation

Decile 10 of 10

English Indices of Deprivation 2025: 1 is the most deprived tenth of neighbourhoods, 10 the least. At the neighbourhood's centre; its 5 small areas range from decile 8 to 10.

Source: MHCLG English Indices of Deprivation 2025

Average household income

£76,200

ONS estimate for the neighbourhood (modelled, with a margin of error).

Source: Office for National Statistics

Recorded crime

0.3 times the borough's rate

Crimes recorded by the police over 12 months (not anti-social behaviour) per resident, against the borough. Crime per resident can overstate the risk in busy centres where many people work or visit.

Source: Police.uk

Schools getting better

Slower than the council's

Nearby state schools' latest Ofsted inspections and results, against the council's schools.

Source: Ofsted, Department for Education

Where Caversham Balmore Park sits in Reading

  • Typical house price: 2nd highest of 19 neighbourhoods in Reading
  • Typical flat price: 2nd highest of the 16 neighbourhoods in Reading with enough flat sales for one
  • Average household income: 2nd highest of 19 neighbourhoods in Reading

Ranked among the council's neighbourhoods by the figures on each one's own page, checked 25 October 2026: typical prices are HM Land Registry resale medians over the latest three-year window, household income the ONS's modelled estimate, with a margin of error, so neighbourhoods a place or two apart may not really differ.

Prices over time in Caversham Balmore Park

House prices: Caversham Balmore Park against Reading: This neighbourhood £83k (1995) to £580k (2026); Reading £59k (1995) to £385k (2026).£126k£518k2026202120162011200620011995This neighbourhood£580kReading£385k
Median resale price of houses each year here and across Reading, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).
Flat prices: Caversham Balmore Park against Reading: This neighbourhood £71k (1995) to £249k (2026); Reading £44k (1995) to £225k (2026).£75k£258k2026202120162011200620011995This neighbourhood£249kReading£225k
Median resale price of flats each year here and across Reading, 1995 to 2026 (HM Land Registry Price Paid Data: standard sales, new builds left out). Years with fewer than 10 sales here are left out. 2026 is the year so far (dashed).

Source: HM Land Registry Price Paid Data, held locally and checked 25 October 2026. Medians each year, not a valuation of any home.

How the area is changing, signal by signal

3 of 18 counted signals point towards rising affluence against Reading, 1 the other way and 14 in line. A reading of official statistics against the borough, not a prediction; a full report shows every signal's figures and weight. Where this reading sits among every neighbourhood in England and Wales: the gentrification league table.

Rising against the borough

  • Recorded crime
  • Home improvement applications
  • Benefit claims (DWP)

Falling behind the borough

  • Schools improving

Stations and schools nearby

Nearest station

  • Reading Railway station, about a 23-minute walk from the neighbourhood's centre (1.8 km in a straight line). About 32 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway to London Paddington (about 27 min); Elizabeth line to Abbey Wood (80 to 87 min).

Station locations: NaPTAN (Department for Transport). Trains: Network Rail's timetable for Tuesday 6 October 2026, with the timetabled minutes of direct trains; timetabled, not live running. Distances from the neighbourhood's centre in a straight line, walked at 4.8 km/h; the real route is longer.

Nearest state schools

  • Nearest state primary school Caversham Primary School 340 m from the neighbourhood's centre. Ofsted: Good (Jun 2023).
  • Nearest state secondary school Highdown School and Sixth Form Centre 870 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Mar 2024).

Schools: Department for Education, Get Information about Schools (20 October 2026); inspections: Ofsted's management information as at 30 September 2026, in Ofsted's own words. Straight-line distances; not a catchment or admissions assessment.

Questions about Caversham Balmore Park

What is the typical house price in Caversham Balmore Park?

£545,000. Median resale price of houses in the neighbourhood, 2023-2025; +22% against 2017-2019.

How does Caversham Balmore Park compare with the rest of Reading?

Typical house price: 2nd highest of 19 neighbourhoods in Reading. Typical flat price: 2nd highest of the 16 neighbourhoods in Reading with enough flat sales for one. Average household income: 2nd highest of 19 neighbourhoods in Reading.

Is Caversham Balmore Park an affluent area?

Among the most affluent. How well off the neighbourhood is now, from household income, home prices and deprivation.

Is Caversham Balmore Park gentrifying?

Some signs. Weighted balance +0.13; 3 of 18 signals up, 1 down, against the borough.

What is the nearest station to Caversham Balmore Park?

Reading. Railway station, about a 23-minute walk from the neighbourhood's centre (1.8 km in a straight line). About 32 trains an hour leave between 07:00 and 19:00 on a weekday: Great Western Railway to London Paddington (about 27 min); Elizabeth line to Abbey Wood (80 to 87 min).

Which state schools are nearest to Caversham Balmore Park?

Nearest state primary school. Caversham Primary School. 340 m from the neighbourhood's centre. Ofsted: Good (Jun 2023). Nearest state secondary school. Highdown School and Sixth Form Centre. 870 m from the neighbourhood's centre. Ofsted: Ungraded visit: School remains Good (Mar 2024).

Each answer repeats a figure shown above, with its source there.

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Neighbourhood names: House of Commons Library, MSOA Names, Open Parliament Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Contains National Statistics data © Crown copyright and database right 2026. Contains public sector information (MHCLG, Police.uk, Ofsted, Department for Education) licensed under the Open Government Licence v3.0. Station locations from NaPTAN (Department for Transport), Open Government Licence v3.0. Trains: contains information of Network Rail Infrastructure Limited licensed under the Open Government Licence v3.0. Figures describe the area, not any home, and are not a valuation or a prediction.