The Wokingham property market benefits from significant new build activity, with several major developments adding stock to meet demand. Holme Meadows by Miller Homes at William Heelas Way offers 2, 3, and 4 bedroom homes from £550,000 as part of a larger 343-home project in the South Wokingham Strategic Development Location. St Anne's Meadows by Antler Homes on London Road has seen phase one sell out completely, with phase two now selling fast. For those seeking retirement living, McCarthy Stone's Oakingham Place on Reading Road offers 1 and 2 bedroom apartments from £299,950. These developments are attracting strong interest from both first-time buyers and those upsizing within the area.
The town centre has seen apartment developments including Carnival Place (from £290,000-£385,000 for 1-2 beds) and Peach Street (from £315,000-£395,000). These developments complement the ongoing expansion of South Wokingham, which will eventually deliver thousands of new homes. The blend of period properties in the conservation areas, particularly around Rose Street with its medieval Wealden hall houses, alongside modern new builds, creates a diverse market offering something for every buyer segment. We frequently survey properties in these new developments and always recommend buyers check the specific build quality and any ongoing management fees.
Looking at upcoming developments, Bell Farm by Berkeley Homes is proposed for North Wokingham, potentially adding 128 new homes to the area. The ongoing phases at Finchwood Park near Arborfield Green are also contributing to the borough's housing supply, with Barratt Southern Counties delivering 135 homes in phases 7, 8, and 9 as part of a larger 1,500-home development. For buyers seeking established homes, properties in Finchampstead at Coronation Fields by Bovis Homes are nearly sold out, with final homes available from £685,000.