Cheapside, Reading

House prices, sold prices and local information for RG1 7AB, RG1 7AA, RG1 7AJ.

Average price (last 12 months)
£228,500
2 sales
Average price (since 2016)
£228,875
24 sales
Price range
£86k – £380k
lowest to highest sale
Last sale
8 Jul 2026
RG1 7AB

At a glance

House prices£229k average39% below the Reading average CrimeHigher than averageHigher crime than about 90% of neighbourhoods in England DeprivationAbout averageDecile 6 of 10 (10 = least deprived) Flood riskIn a flood warning areaCheck the GOV.UK long-term risk Nearest station6 min walkReading station Schools1 rated Good or betterWithin 1.5 miles Ultrafast broadband75% of homesNational average 80%

24 property sales on Cheapside, Reading have been recorded by HM Land Registry since 2016. In the last 12 months 2 homes sold here for an average of £228,500. Most sales here are flat homes, which have sold for an average of £228,875. Average sale prices fell from £267,833 in 2016 to £228,500 in 2026 (-15%), though averages on a single street can swing with the mix of homes sold. That is 39% below the Reading average of £377,413 over the same period. 7 homes here have sold more than once since 2016; 2 of them sold for more the second time.

House prices on Cheapside compared

Cheapside£228,500
RG1 postcode area£302,096
Reading£377,413
England & Wales£356,718

Average sale price over the last 12 months. See all RG1 house prices.

Average sale price by year

2016: £267,833 (3 sales)2016£268k2017: £240,875 (4 sales)2017£241k2018: £205,000 (3 sales)2018£205k2020: £265,750 (4 sales)2020£266k2021: £195,000 (2 sales)2021£195k2022: £198,500 (2 sales)2022£199k2024: £240,000 (2 sales)2024£240k2025: £162,000 (2 sales)2025£162k2026: £228,500 (2 sales)2026£229k

Prices by property type

TypeSalesAverage priceLast sold
Flat24£228,8758 Jul 2026

Sold prices on Cheapside

AddressDatePriceTypeTenure
Flat 6, The Picture House, Cheapside RG1 7AB 8 Jul 2026£200,000 FlatLeasehold
Flat 23, The Picture House, Cheapside RG1 7AB 26 Mar 2026£257,000 FlatLeasehold
Flat 20, The Picture House, Cheapside RG1 7AB 20 Aug 2025£170,000 FlatLeasehold
Flat 5, Oxford House, Cheapside RG1 7AA 25 Jun 2025£154,000 FlatLeasehold
Flat 5, The Picture House, Cheapside RG1 7AB 11 Oct 2024£260,000 FlatLeasehold
Flat 22, The Picture House, Cheapside RG1 7AB 22 May 2024£220,000 FlatLeasehold
Flat 21, The Picture House, Cheapside RG1 7AB 23 Sep 2022£196,000 FlatLeasehold
Flat 8, The Picture House, Cheapside RG1 7AB 18 Feb 2022£267,000 FlatLeasehold
Flat 7, Oxford House, Cheapside RG1 7AA 4 Feb 2022£130,000 FlatLeasehold
Flat 43, The Picture House, Cheapside RG1 7AJ 17 Dec 2021£203,000 FlatLeasehold
Flat 6, Oxford House, Cheapside RG1 7AA 19 Jul 2021£187,000 FlatLeasehold
Flat 4, Oxford House, Cheapside RG1 7AA 12 Mar 2021£200,000 FlatLeasehold
Flat 17, The Picture House, Cheapside RG1 7AB 26 Nov 2020£225,000 FlatLeasehold
Flat 40, The Picture House, Cheapside RG1 7AJ 14 Aug 2020£215,000 FlatLeasehold
Flat 24, The Picture House, Cheapside RG1 7AB 6 Mar 2020£380,000 FlatLeasehold
Flat 1, The Picture House, Cheapside RG1 7AB 3 Jan 2020£243,000 FlatLeasehold
Flat 43, The Picture House, Cheapside RG1 7AJ 17 May 2019£205,000 FlatLeasehold
Flat 20, The Picture House, Cheapside RG1 7AB 31 Oct 2018£215,000 FlatLeasehold
Flat 21, The Picture House, Cheapside RG1 7AB 22 Oct 2018£200,000 FlatLeasehold
Flat 6, Oxford House, Cheapside RG1 7AA 12 Oct 2018£85,500 FlatLeasehold
Flat 8, The Picture House, Cheapside RG1 7AB 21 Sep 2018£283,000 FlatLeasehold
Unit A2, The Picture House, Cheapside RG1 7AQ 6 Jun 2018£22,800 OtherLeasehold
Flat 35, The Picture House, Cheapside RG1 7AJ 5 Jan 2018£246,500 FlatLeasehold
Flat 33, The Picture House, Cheapside RG1 7AJ 30 Nov 2017£260,000 FlatLeasehold
Flat 5, Oxford House, Cheapside RG1 7AA 13 Nov 2017£172,000 FlatLeasehold
Flat 17, The Picture House, Cheapside RG1 7AB 3 Nov 2017£222,000 FlatLeasehold
Flat 16, The Picture House, Cheapside RG1 7AB 9 May 2017£238,000 FlatLeasehold
Flat 1, Oxford House, Cheapside RG1 7AA 29 Mar 2017£243,500 FlatLeasehold
Flat 3, The Picture House, Cheapside RG1 7AB 30 Nov 2016£220,000 FlatLeasehold
Flat 11, The Picture House, Cheapside RG1 7AB 7 Oct 2016£292,500 FlatLeasehold
Flat 38, The Picture House, Cheapside RG1 7AJ 15 Jun 2016£291,000 FlatLeasehold

Sale prices are as recorded by HM Land Registry. Some sales (for example repossessions and company purchases) are listed but left out of the averages.

Sale history: homes sold more than once

AddressSalesChange
Flat 20, The Picture House, Cheapside £215,000 (Oct 2018) → £170,000 (Aug 2025) -21%
over 7 yrs
Flat 5, Oxford House, Cheapside £172,000 (Nov 2017) → £154,000 (Jun 2025) -10%
over 8 yrs
Flat 21, The Picture House, Cheapside £200,000 (Oct 2018) → £196,000 (Sep 2022) -2%
over 4 yrs
Flat 8, The Picture House, Cheapside £283,000 (Sep 2018) → £267,000 (Feb 2022) -6%
over 3 yrs
Flat 43, The Picture House, Cheapside £205,000 (May 2019) → £203,000 (Dec 2021) -1%
over 3 yrs
Flat 6, Oxford House, Cheapside £85,500 (Oct 2018) → £187,000 (Jul 2021) +119%
over 3 yrs
Flat 17, The Picture House, Cheapside £222,000 (Nov 2017) → £225,000 (Nov 2020) +1%
over 3 yrs

Buying on Cheapside?

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Crime and flood risk near Cheapside

Crime

941 crimes were reported within about a mile of Cheapside in August 2026.

Crime level compared with the rest of England (10 = lowest crime):

12345678910

Higher crime than about 90% of neighbourhoods in England, based on recorded crime rates (English Indices of Deprivation 2025).

Violence & sexual offences270
Shoplifting182
Anti-social behaviour97
Other theft92
Public order78
Criminal damage & arson59

Source: data.police.uk. Locations are approximate and cover the surrounding area, not just this street.

Flood risk

Cheapside is in or near 6 Environment Agency flood areas:

  • River Kennet from Thatcham down to Reading Flood alert area
  • River Thames at Reading and Caversham Flood warning area
  • River Thames from Mapledurham to Sonning Flood alert area
  • Properties closest to the River Thames from Scours Lane, Reading to Caversham Lakes Flood warning area
  • River Kennet from Theale down to Reading Flood warning area

Flood warning areas cover places at risk from rivers and the sea. Surface water risk isn't included. Check the long-term flood risk for a postcode on GOV.UK.

Schools near Cheapside

SchoolTypeAgesOfstedDistance
Civitas Academy 374 pupils Primary 4–11 Report 0.3 mi
Coley Primary School 250 pupils Primary 3–11 Report 0.4 mi
E P Collier Primary School 352 pupils Primary 3–11 Good Report 0.4 mi
Oxford Road Community School 244 pupils Primary 3–11 Report 0.5 mi
Katesgrove Primary School 674 pupils Primary 3–11 Report 0.5 mi
All Saints Church of England Aided Infant School 60 pupils Primary Church of England 5–7 Report 0.6 mi
The Deenway Montessori School 59 pupils Other independent school 3–16 Report 0.6 mi
All Saints Junior School 99 pupils Primary 7–11 Report 0.6 mi

Source: Department for Education (Get Information about Schools) and Ofsted. Grades are from each school's last graded inspection; newer inspections use report cards without a single overall grade, so check the full report. Distances are straight-line. Check catchment areas with the local council.

Getting around and local GPs

Train stations

  • Reading station 0.3 mi · 6 min walk
  • Reading station 0.3 mi · 6 min walk
  • Reading West station 0.5 mi · 11 min walk

Nearest bus stops

  • Cheapside (stop CZ, Cheapside) 1 min walk
  • Cheapside (Stop CW, Oxford Road) 1 min walk
  • Cheapside (Stop CY, Oxford Road) 1 min walk
  • Cheapside (Stop CX, Oxford Road) 1 min walk

GP surgeries

  • Broad Street Health Centre
    1St Floor, Broad St Hc, Reading · 0.1 mi
  • Abbey Medical Centre
    1St Floor, 103-105 Broad Street Mall, Reading · 0.1 mi
  • Chatham Street Surgery
    121 Chatham Street, Reading · 0.2 mi
  • London Street Surgery
    72 London Street, Reading · 0.5 mi

Sources: Department for Transport (NaPTAN) and NHS England practice data. Walking times are estimates from straight-line distance.

Area profile

Deprivation

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This neighbourhood is in decile 6 of 10 on the English Indices of Deprivation 2025, where 1 is the most deprived 10% of areas in England and 10 the least deprived.

Income: decile 7 of 10 · Crime: decile 1 of 10.

Homes

HereEng & Wales
Owned19.9%62.5%
Private rented73.6%20.3%
Social rented6.3%17.1%
Households793

People

HereEng & Wales
Under 1511.1%17.4%
Aged 15–6485.3%64.1%
Aged 65+3.7%18.6%
Residents1,807

Broadband

HereUK
Superfast (30Mbit+)75%95%
Ultrafast (300Mbit+)75%80%
Gigabit-capable75%80%

Share of homes on this street's postcodes that can get each speed. UK figure is the average across all postcodes. Source: Ofcom Connected Nations.

Neighbourhood figures cover the surrounding Lower Layer Super Output Area (about 1,500 residents). Sources: Census 2021 (ONS) and the English Indices of Deprivation 2025.

Nearby streets in RG1

See all streets in Reading All streets in RG1