Housing Market Analysis for MERCHANTS PLACE, RG1 1EQ

Are you looking to understand RG1 1EQ 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 1EQ area, explore the RG1 1EQ Area information page.
For comprehensive crime statistics in the RG1 1EQ area, explore the RG1 1EQ Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £182,218 median price is £186,248 Standard Deviation is £51,830 with Total Sold: 16
    • The Last 5 Year average price is £205,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 19, ICON HOUSE MERCHANTS PLACE: £180,000 (Sold on 23 Jun 2023)
    • The first recorded sale happened at this postcode is FLAT 21, ICON HOUSE MERCHANTS PLACE: £108,563 (Sold on 01 Mar 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average RG1 1EQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£180,000 £2,828 1
2019£230,000 £3,833 1
2018£227,250 £4,245 2
2017£232,000 £4,936 1
2016£260,000 £4,561 1
2015£228,500 £4,487 2
2014£159,374 £2,857 4
2013£135,000 £3,358 1
2007£109,834 £2,109 3

All the Sales in the MERCHANTS PLACE, RG1 1EQ

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

AddressSold DatePrice% Change
FLAT 19, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 63.66 Sq.mtrAge: 2003-200623 Jun 2023£180,000First Sale
FLAT 32, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-200622 May 2019£230,000First Sale
FLAT 34, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-200607 Jun 2018£202,50039.66%
25 Jul 2014£145,000First Sale
FLAT 18, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-200219 Mar 2018£252,000First Sale
FLAT 35, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 47 Sq.mtrAge: 2003-200630 Jun 2017£232,0007.91%
13 Nov 2015£215,000First Sale
FLAT 29, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-200630 Aug 2016£260,000First Sale
FLAT 37, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-200602 Nov 2015£242,000First Sale
FLAT 23, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 68.7 Sq.mtrAge: 2003-200623 May 2014£192,495First Sale
FLAT 12, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 50 Sq.mtrAge: 2003-200610 Feb 2014£140,000First Sale
FLAT 31, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-200610 Jan 2014£160,00026.42%
04 May 2007£126,563First Sale
FLAT 28, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 40.2 Sq.mtrAge: 2003-200625 Apr 2013£135,000First Sale
FLAT 33, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 62 Sq.mtrAge: 2003-200631 Aug 2007£94,375First Sale
FLAT 21, ICON HOUSE MERCHANTS PLACEFlat, LeaseholdArea: 42 Sq.mtrAge: 2003-200601 Mar 2007£108,563First Sale

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

MERCHANTS PLACE, RG1 1EQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RG1 1EQ 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 1EQ postcode.

  • Terraced
    • The average price is around £196,397 median price is £165,975 Standard Deviation is £148,936 with Total Sold: 694
    • 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 £198,753 median price is £192,000 Standard Deviation is £78,864 with Total Sold: 2,576
    • The Last 5 Year average price is £256,217 with Total Sold: 225
    • 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 £257,684 median price is £196,000 Standard Deviation is £316,338 with Total Sold: 74
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
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£331,030 £4,108 15
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£128,997 £1,571 50
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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£267,767 £4,444 30
2019£255,154 £4,606 55
2018£252,657 £5,026 99
2017£269,797 £5,309 165
2016£238,609 £5,109 374
2015£200,008 £3,629 275
2014£202,475 £3,502 99
2013£191,336 £3,221 69
2012£180,354 £3,039 42
2011£186,176 £3,240 37
2010£178,857 £2,958 78
2009£180,190 £2,942 185
2008£190,964 £3,055 47
2007£188,888 £3,467 112
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£117,729 £2,548 51
2000£123,809 £2,294 54
1999£83,687 £1,597 34
1998£92,989 £1,545 71
1997£64,634 £1,201 53
1996£58,642 £960 18
1995£58,100 £1,027 29
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£400,0001
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
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,261,8305
2023£2,700,880 £28,892 22
2022£2,971,477 £17,117 29
2021£5,513,310 £5,593 29
2020£693,07212
2019£2,417,145 £5,332 23
2018£9,758,702 £8,855 26
2017£6,092,463 £2,445 42
2016£2,709,16618
2015£8,367,67121
2014£13,897,09017
2013£2,900,0003
2012£25,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£562,500 £4,881 2
2022£525,000 £5,222 5
2021£425,0001
2017£303,500 £4,742 1
2016£402,5001
2007£311,650 £3,389 3
2006£288,7502
2005£410,0001
2004£1,075,0001
2002£545,0002
2001£259,250 £2,453 4
2000£1,225,0001
1999£960,0001
1998£430,4173

House Type in RG1 1EQ area

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

Total212
Flat197
commercial building8
converted building6
Shared house1
Detached0
Semi-detached0
Terraced0
temporary structure0

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 agency164
Social rented: Other social rented18
Owned: Owns with a mortgage or loan16
Shared ownership: Shared ownership11
Owned: Owns outright5
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

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

1 person in household91
2 people in household87
3 people in household21
4 people in household12
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0