Merchants Place, Reading

House prices, sold prices and local information for RG1 1ET, RG1 1EQ, RG1 1EG.

Average price (last 12 months)
–
0 sales
Average price (since 2016)
£232,874
14 sales
Price range
£136k – £280k
lowest to highest sale
Last sale
18 Jul 2024
RG1 1EQ

At a glance

House prices£233k averageSince 2016 (few recent sales) CrimeHigher than averageHigher crime than about 80% of neighbourhoods in England DeprivationAbout averageDecile 5 of 10 (10 = least deprived) Flood riskIn a flood warning areaCheck the GOV.UK long-term risk Nearest station2 min walkReading station Schools2 rated Good or betterWithin 1.5 miles, 1 Outstanding Ultrafast broadband100% of homesNational average 80%

14 property sales on Merchants Place, Reading have been recorded by HM Land Registry since 2016. The most recent sale was on 18 Jul 2024. Most sales here are flat homes, which have sold for an average of £232,874. 1 home here has sold more than once since 2016; 0 of them sold for more the second time.

House prices on Merchants Place compared

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

Average sale price over the last 12 months. Merchants Place has had fewer than two sales in that time, so it is left out. See all RG1 house prices.

Average sale price by year

2016: £245,000 (2 sales)2016£245k2017: £256,250 (4 sales)2017£256k2018: £227,250 (2 sales)2018£227k2019: £259,500 (2 sales)2019£260k2021: £250,000 (1 sales)2021£250k2022: £206,000 (1 sales)2022£206k2023: £180,000 (1 sales)2023£180k2024: £135,740 (1 sales)2024£136k

Prices by property type

TypeSalesAverage priceLast sold
Flat14£232,87418 Jul 2024

Sold prices on Merchants Place

AddressDatePriceTypeTenure
Flat 29, Icon House, Merchants Place RG1 1EQ 18 Jul 2024£135,740 FlatLeasehold
Flat 19, Icon House, Merchants Place RG1 1EQ 23 Jun 2023£180,000 FlatLeasehold
Flat 34, Projection West, Merchants Place RG1 1ET 4 Mar 2022£206,000 FlatLeasehold
Flat 21, Projection West, Merchants Place RG1 1ET 16 Feb 2021£250,000 FlatLeasehold
Flat 19, Projection West, Merchants Place RG1 1ET 11 Oct 2019£208,000 FlatLeasehold
Flat 32, Projection West, Merchants Place RG1 1ET 23 Sep 2019£259,000 FlatLeasehold
Flat 32, Icon House, Merchants Place RG1 1EQ 22 May 2019£230,000 FlatLeasehold
Flat 12, Projection West, Merchants Place RG1 1ET 11 Feb 2019£260,000 FlatLeasehold
Flat 34, Icon House, Merchants Place RG1 1EQ 7 Jun 2018£202,500 FlatLeasehold
Flat 45, Projection West, Merchants Place RG1 1ET 27 Mar 2018£218,500 FlatLeasehold
Flat 18, Icon House, Merchants Place RG1 1EQ 19 Mar 2018£252,000 FlatLeasehold
Flat 20, Projection West, Merchants Place RG1 1ET 12 Jan 2018£222,000 FlatLeasehold
Flat 22, Projection West, Merchants Place RG1 1ET 21 Jul 2017£280,000 FlatLeasehold
Flat 35, Icon House, Merchants Place RG1 1EQ 30 Jun 2017£232,000 FlatLeasehold
Flat 28, Projection West, Merchants Place RG1 1ET 13 Apr 2017£280,000 FlatLeasehold
Flat 44, Projection West, Merchants Place RG1 1ET 8 Mar 2017£233,000 FlatLeasehold
Flat 4, Projection East, Merchants Place RG1 1EG 7 Mar 2017£275,000 FlatLeasehold
Flat 14, Projection West, Merchants Place RG1 1ET 4 Jan 2017£242,500 FlatLeasehold
Flat 29, Icon House, Merchants Place RG1 1EQ 30 Aug 2016£260,000 FlatLeasehold
Flat 24, Projection West, Merchants Place RG1 1ET 30 Mar 2016£230,000 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 29, Icon House, Merchants Place £260,000 (Aug 2016) → £135,740 (Jul 2024) -48%
over 8 yrs

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Crime and flood risk near Merchants Place

Crime

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

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

12345678910

Higher crime than about 80% of neighbourhoods in England, based on recorded crime rates (English Indices of Deprivation 2025).

Violence & sexual offences271
Shoplifting187
Anti-social behaviour95
Other theft91
Public order80
Criminal damage & arson57

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

Flood risk

Merchants Place 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 Merchants Place

SchoolTypeAgesOfstedDistance
E P Collier Primary School 352 pupils Primary 3–11 Good Report 0.4 mi
The Deenway Montessori School 59 pupils Other independent school 3–16 Report 0.4 mi
Civitas Academy 374 pupils Primary 4–11 Report 0.5 mi
Katesgrove Primary School 674 pupils Primary 3–11 Report 0.6 mi
Kendrick School 939 pupils Secondary 11–18 Outstanding Report 0.6 mi
Coley Primary School 250 pupils Primary 3–11 Report 0.6 mi
Thameside Primary School 322 pupils Primary 5–11 Report 0.6 mi
Oxford Road Community School 244 pupils Primary 3–11 Report 0.7 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 0.1 mi · 2 min walk
  • Reading station 0.1 mi · 2 min walk
  • Reading West station 0.8 mi · 15 min walk

Nearest bus stops

  • Station Road (Stop SC, Station Road) 1 min walk
  • Station Road (Stop SD, Station Road) 1 min walk
  • Station Road (Stop SB, Station Road) 1 min walk
  • Friar Street (stop FN, Friar Street) 1 min walk

GP surgeries

  • Broad Street Health Centre
    1St Floor, Broad St Hc, Reading · 0.2 mi
  • Abbey Medical Centre
    1St Floor, 103-105 Broad Street Mall, Reading · 0.2 mi
  • Chatham Street Surgery
    121 Chatham Street, Reading · 0.4 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 5 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 5 of 10 · Crime: decile 2 of 10.

Homes

HereEng & Wales
Owned19.2%62.5%
Private rented70.9%20.3%
Social rented9.9%17.1%
Households1,091

People

HereEng & Wales
Under 1510.1%17.4%
Aged 15–6485.3%64.1%
Aged 65+4.7%18.6%
Residents2,166

Broadband

HereUK
Superfast (30Mbit+)100%95%
Ultrafast (300Mbit+)100%80%
Gigabit-capable100%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