Housing Market Analysis for MERCHANTS PLACE, RG1 1EG

Are you looking to understand RG1 1EG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reading postcode.

For the location information and nearby amenities in the RG1 1EG area, explore the RG1 1EG Area information page.
For comprehensive crime statistics in the RG1 1EG area, explore the RG1 1EG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RG1 1EG postcode area, The average prices are as follows,

Flat
- The average price is around £186,671 median price is £186,750 Standard Deviation is £24,177 with Total Sold: 34
- The most recent sale happened at this postcode is FLAT 4, PROJECTION EAST MERCHANTS PLACE: £275,000 (Sold on 07 Mar 2017)
- The first recorded sale happened at this postcode is FLAT 27, PROJECTION EAST MERCHANTS PLACE: £190,900 (Sold on 31 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average RG1 1EG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£275,000	£4,661	1
2015	£220,000	£3,860	1
2014	£184,665	£3,462	3
2013	£151,800	£3,099	1
2006	£183,787	£3,324	28

All the Sales in the MERCHANTS PLACE, RG1 1EG

See the table below for more details on the sold house prices in the RG1 1EG, Reading postcode.

Address	Sold Date	Price	% Change
FLAT 4, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	07 Mar 2017	£275,000	44.74%
	28 Sep 2006	£190,000	First Sale
FLAT 10, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	19 Aug 2015	£220,000	13.99%
	20 Dec 2006	£193,000	First Sale
FLAT 9, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	19 Dec 2014	£189,995	11.76%
	22 Sep 2006	£170,000	First Sale
FLAT 1, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 63 Sq.mtrAge: 2003-2006	11 Jul 2014	£189,000	-0.53%
	13 Oct 2006	£190,000	First Sale
FLAT 19, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	17 Apr 2014	£175,000	-4.16%
	07 Sep 2006	£182,600	First Sale
FLAT 16, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 48.978 Sq.mtrAge: 2007 onwards	23 Aug 2013	£151,800	-10.44%
	29 Sep 2006	£169,500	First Sale
FLAT 5, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-2006	03 Nov 2006	£195,000	First Sale
FLAT 15, PROJECTION EAST MERCHANTS PLACEFlat, Leasehold	01 Nov 2006	£215,000	First Sale
FLAT 7, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 64.9 Sq.mtrAge: 2003-2006	10 Oct 2006	£194,500	First Sale
FLAT 6, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	10 Oct 2006	£185,500	First Sale
FLAT 3, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 56.62 Sq.mtrAge: 2003-2006	29 Sep 2006	£183,000	First Sale
FLAT 12, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	29 Sep 2006	£193,500	First Sale
FLAT 11, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	28 Sep 2006	£191,750	First Sale
FLAT 8, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 45.56 Sq.mtrAge: 2003-2006	27 Sep 2006	£175,000	First Sale
FLAT 14, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	22 Sep 2006	£205,000	First Sale
FLAT 2, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 43 Sq.mtrAge: 2003-2006	22 Sep 2006	£160,000	First Sale
FLAT 21, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 56 Sq.mtrAge: 2003-2006	07 Sep 2006	£186,750	First Sale
FLAT 18, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	07 Sep 2006	£172,225	First Sale
FLAT 17, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 40 Sq.mtrAge: 2003-2006	07 Sep 2006	£153,550	First Sale
FLAT 22, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	07 Sep 2006	£186,750	First Sale
FLAT 20, PROJECTION EAST MERCHANTS PLACEFlat, Leasehold	07 Sep 2006	£182,600	First Sale
FLAT 23, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	07 Sep 2006	£153,500	First Sale
FLAT 28, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 68.95 Sq.mtrAge: 2003-2006	01 Sep 2006	£237,500	First Sale
FLAT 26, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 59.9795 Sq.mtrAge: 2003-2006	31 Aug 2006	£190,900	First Sale
FLAT 29, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 51 Sq.mtrAge: 2003-2006	31 Aug 2006	£157,700	First Sale
FLAT 25, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	31 Aug 2006	£157,700	First Sale
FLAT 24, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 45 Sq.mtrAge: 2003-2006	31 Aug 2006	£182,600	First Sale
FLAT 27, PROJECTION EAST MERCHANTS PLACEFlat, LeaseholdArea: 67 Sq.mtrAge: 2003-2006	31 Aug 2006	£190,900	First Sale

Check out the sold house prices near the RG1 1EG postcode. Properties currently for saleProperties currently for rent

MERCHANTS PLACE, RG1 1EG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG1 1EG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the RG1 1EG postcode.

Terraced
- The average price is around £196,610 median price is £165,975 Standard Deviation is £148,942 with Total Sold: 696
- The Last 5 Year average price is £399,848 with Total Sold: 97
- The most recent sale happened at this postcode is , 53 SWANSEA ROAD: £300,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 23 CARDIFF ROAD: £33,000 (Sold on 19 Jan 1995)
Flat
- The average price is around £198,445 median price is £191,750 Standard Deviation is £78,822 with Total Sold: 2,593
- The Last 5 Year average price is £256,145 with Total Sold: 226
- The most recent sale happened at this postcode is 27, MCILROYS BUILDING OXFORD ROAD: £165,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 52 MALTINGS PLACE: £50,000 (Sold on 09 Feb 1995)
Semi-Detached
- The average price is around £256,554 median price is £196,000 Standard Deviation is £312,249 with Total Sold: 76
- The Last 5 Year average price is £407,771 with Total Sold: 14
- The most recent sale happened at this postcode is , 47 PHILLIPS DRIVE: £410,000 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 15 SIMMONDS STREET: £49,000 (Sold on 21 Apr 1995)
Other
- The average price is around £5,482,943 median price is £868,750 Standard Deviation is £13,584,545 with Total Sold: 248
- The Last 5 Year average price is £3,172,488 with Total Sold: 120
- The most recent sale happened at this postcode is , 30 QUEEN VICTORIA STREET: £760,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 55 BROAD STREET MALL: £25,000 (Sold on 04 May 2012)
Detached
- The average price is around £481,489 median price is £420,000 Standard Deviation is £256,101 with Total Sold: 28
- The Last 5 Year average price is £521,875 with Total Sold: 8
- The most recent sale happened at this postcode is , 10 CLARENDON ROW: £610,000 (Sold on 28 Jun 2023)
- The first recorded sale happened at this postcode is , 154 FRIAR STREET: £600,000 (Sold on 29 Jan 1998)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£353,667	£5,359	6
2023	£462,892	£4,737	23
2022	£438,152	£5,360	23
2021	£376,652	£4,587	24
2020	£326,717	£4,131	12
2019	£330,994	£4,349	9
2018	£426,314	£4,636	14
2017	£335,466	£4,191	16
2016	£360,122	£4,150	12
2015	£287,239	£3,834	14
2014	£352,850	£3,205	14
2013	£214,024	£2,877	21
2012	£219,715	£2,415	10
2011	£187,711	£2,168	12
2010	£224,570	£2,362	20
2009	£188,980	£2,552	20
2008	£242,409	£2,482	11
2007	£217,676	£3,594	26
2006	£185,883	£2,409	23
2005	£175,170	£2,344	28
2004	£174,968	£2,318	38
2003	£165,465	£2,069	39
2002	£147,966	£2,024	19
2001	£119,097	£1,614	38
2000	£129,193	£1,579	51
1999	£102,305	£1,196	29
1998	£75,313	£1,181	38
1997	£61,517	£832	29
1996	£51,550	£773	48
1995	£55,189	£712	29

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,333	£4,467	15
2023	£261,733	£4,503	45
2022	£252,958	£4,577	40
2021	£257,277	£4,390	40
2020	£266,871	£4,489	31
2019	£255,154	£4,606	55
2018	£252,657	£5,026	99
2017	£269,587	£5,312	166
2016	£238,609	£5,109	374
2015	£200,008	£3,629	275
2014	£202,475	£3,502	99
2013	£191,316	£3,223	70
2012	£180,354	£3,039	42
2011	£185,192	£3,249	39
2010	£178,857	£2,958	78
2009	£180,190	£2,942	185
2008	£190,964	£3,055	47
2007	£188,249	£3,449	118
2006	£175,524	£3,232	119
2005	£154,672	£3,016	57
2004	£176,659	£2,946	78
2003	£202,457	£3,283	125
2002	£229,341	£3,653	80
2001	£117,965	£2,540	52
2000	£123,809	£2,294	54
1999	£84,380	£1,606	35
1998	£92,413	£1,550	73
1997	£64,828	£1,202	55
1996	£58,642	£960	18
1995	£58,100	£1,027	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£472,000	£10,305	2
2023	£370,000	£4,714	2
2022	£414,978	£5,276	9
2019	£290,000	£4,603	1
2018	£389,000	£6,726	2
2017	£330,000	£4,925	1
2011	£217,500	£3,387	2
2010	£295,000	£3,022	2
2009	£195,000	£2,781	1
2007	£200,500	£2,608	4
2006	£216,992	£2,790	6
2005	£215,000	£2,291	2
2004	£162,825	£1,990	6
2003	£239,500		1
2002	£250,188	£1,931	8
2001	£107,500	£1,627	2
2000	£144,000	£3,647	3
1999	£198,317	£1,566	3
1998	£376,272	£1,708	9
1997	£197,125	£785	4
1996	£54,833	£739	3
1995	£42,667	£721	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,261,830		5
2023	£2,700,880	£28,892	22
2022	£2,971,477	£17,117	29
2021	£5,513,310	£5,593	29
2020	£693,072		12
2019	£2,417,145	£5,332	23
2018	£9,758,702	£8,855	26
2017	£6,092,463	£2,445	42
2016	£2,709,166		18
2015	£8,367,671		21
2014	£13,897,090		17
2013	£2,900,000		3
2012	£25,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£562,500	£4,881	2
2022	£525,000	£5,222	5
2021	£425,000		1
2017	£303,500	£4,742	1
2016	£402,500		1
2007	£311,650	£3,389	3
2006	£288,750		2
2005	£410,000		1
2004	£1,075,000		1
2002	£545,000		2
2001	£259,250	£2,453	4
2000	£1,225,000		1
1999	£960,000		1
1998	£430,417		3

House Type in RG1 1EG area

The most common house types in the RG1 1EG postcode area are Flat (197), commercial building (8), and converted building (6).

Total	212
Flat	197
commercial building	8
converted building	6
Shared house	1
Detached	0
Semi-detached	0
Terraced	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (164), and Social rented: Other social rented (18).

Private rented: Private landlord or letting agency	164
Social rented: Other social rented	18
Owned: Owns with a mortgage or loan	16
Shared ownership: Shared ownership	11
Owned: Owns outright	5
Private rented: Other private rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the RG1 1EG have 1 person in household (91), and 2 people in household (87).

1 person in household	91
2 people in household	87
3 people in household	21
4 people in household	12
6 people in household	1
0 people in household	0
5 people in household	0
7 people in household	0
8 or more people in household	0