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Projection West, Merchants Place, Reading, RG1 1ET
Home, House Prices, Merchants Place, Reading, South East, RG1 1ET
Projection West Merchants Place

Projection West Merchants PlaceHouse Prices / South East, Reading, Merchants Place, RG1 1ET

Last updated Jun 2026

Key Building Insights

Projection West Merchants Place is a residential building situated on Merchants Place, Reading, RG1 with 44 addresses.

It ranks as the 1389th largest and 1039th most expensive of the 1,447 buildings in the RG1 area. The dominant property type is a modern flat built after 1980.

The building contains a total of 44 properties: 44 flats.

44
Properties
  • Flats

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House Pricesin Projection West Merchants Place

Sale prices range from £184,975 for 1 bedroom leasehold flats with a balcony (398 ft2) to £261,592 for 2 bedroom leasehold flats with a balcony (785 ft2) .

Monthly rental prices range from £1,075 pcm for 1 bed flats to £1,421 pcm for 2 bed flats.

The gross rental yield is between 6.5% and 7.0%.

The average value per square foot is £377.

Average Sale Value
£230,047
Average Rental Value
£1,299 pcm
Average Rental Yield
6.8% /year
Average Value Per Sqft
£377 /ft2
Prices last updated 1st June 2026
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Sales Market Trendsin Projection West Merchants Place

The last sale in Projection West Merchants Place sold for £206,000 on 4th March 2022. Since then prices are down an average of 7.7%.

The current average value in the building is £230,047.
The Projection West Merchants Place Sales Market has decreased by 14.6% over the last 10 years.

PeriodYear on YearAverage Price
May 2026-1.6%£230,047
May 2025-2.4%£233,837
May 2024-1.1%£239,704
May 2023-1.4%£242,463
May 20222.6%£245,917
May 2021-2.5%£239,617
May 2020-1.2%£245,735
May 2019-2.4%£248,674
May 2018-4.9%£254,727
May 2017-0.6%£267,949
May 201617.5%£269,474
May 201512.6%£229,285
May 201413%£203,652
May 20131.9%£180,168
May 20121.7%£176,741
May 2011-3.4%£173,744
May 20105.2%£179,780
May 2009-13.9%£170,873
May 2008-2.3%£198,456
May 20070%£203,163
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Rental Market Trendsin Projection West Merchants Place

The current average rental value in the building is £1,299.
The Projection West Merchants Place Rental Market has increased by 25.3% over the last 10 years.

PeriodYear on YearAverage Price
May 20263.3%£1,299pcm
May 20250.6%£1,258pcm
May 20246.6%£1,251pcm
May 202311.6%£1,174pcm
May 20226.1%£1,052pcm
May 2021-1.8%£991pcm
May 20200.5%£1,010pcm
May 2019-0.6%£1,005pcm
May 20180.4%£1,011pcm
May 2017-2.9%£1,008pcm
May 20162.8%£1,037pcm
May 20157.2%£1,009pcm
May 20145.2%£942pcm
May 20132.1%£895pcm
May 20123.8%£876pcm
May 20112.9%£844pcm
May 2010-1.2%£821pcm
May 2009-10.3%£830pcm
May 20082.1%£926pcm
May 20070%£907pcm
Properties list background

Explore Propertiesin Projection West, Merchants Place, Reading, RG1 1ET

properties list title title

Sales History
in Projection West, Merchants Place, Reading, RG1 1ET

The last sale was on 4th March 2022 for £206,000 and since then the market in the area has decreased by 7.7%. The building has had a total of 66 sales since 1995.

Projection West, Merchants Place, Reading, RG1 1ET has seen no sales in the last three years and no sales in the last twelve months.

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Property Typesin Projection West Merchants Place

  • 43 modern flats built after 1980
  • 1 other address of unknown type
  • modern flat (43)
  • Unknown (1)
Energy Efficiency

Energy Efficiencyof properties in Projection West Merchants Place

  • Energy Performance Certificate (EPC) surveys conducted for 43 properties.
  • The dominant rating is C.
  • A (0)
  • E (0)
  • B (21)
  • F (0)
  • C (22)
  • G (0)
  • D (0)
  • No EPC (1)
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Top 3 Most Expensive Saleson Merchants Place, Reading, RG1

Schools Nearby

Schools Nearby

The nearest primary school to Projection West, Merchants Place, Reading, RG1 1ET is Civitas Academy, which is 500 metres away.
  • 500
    m
    Civitas Academy
  • 600
    m
    E P Collier Primary School
  • 900
    m
    Katesgrove Primary School
The nearest secondary school is Kendrick School, which is 900 metres away.
  • 900
    m
    Kendrick School
  • 1.3
    km
    River Academy
  • 1.6
    km
    Reading School
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to Projection West, Merchants Place, Reading, RG1 1ET is Reading station, which is 100 metres away.

  • 100
    m
    Reading
  • 1.2
    km
    Reading West
  • 3.9
    km
    Reading Green Park
  • 4.2
    km
    Tilehurst
Source: TFL & National Rail
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