The Picture House, Cheapside
Key Building Insights
The Picture House, Cheapside is a residential building situated on Cheapside, Reading, RG1 with 46 addresses.
It ranks as the 1399th largest and 1032nd most expensive of the 1,449 buildings in the RG1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 46 properties: 45 flats and 1 other property.
- Ave. Sale Price
- £222,179
- 10 Year change
- down 18.8%
- Ave. Rental Price
- £1,334pcm
- 10 Year change
- up 21.7%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Building Insights
The Picture House, Cheapside is a residential building situated on Cheapside, Reading, RG1 with 46 addresses.
It ranks as the 1399th largest and 1032nd most expensive of the 1,449 buildings in the RG1 area. The most common property type is a modern flat built after 1980.
The building contains a total of 46 properties: 45 flats and 1 other property.
- Ave. Sale Price
- £222,179
- 10 Year change
- down 18.8%
- Ave. Rental Price
- £1,334pcm
- 10 Year change
- up 21.7%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Properties on Cheapside, Reading, RG1
- Flat 1 The Picture House
2 Bed Modern Flat
- Flat 2 The Picture House
2 Bed Modern Flat
- Flat 3 The Picture House
2 Bed Modern Flat
- Flat 4 The Picture House
2 Bed Modern Flat
- Flat 5 The Picture House
2 Bed Modern Flat
Sales Market Trends
The last sale in The Picture House, Cheapside sold for £257,000 on 26th March 2026. Since then prices are down an average of 1.4%.
The current average value in the building is £222,179.
The The Picture House, Cheapside Sales Market has decreased by 18.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.7% | £222,179 |
| June 2025 | -4.2% | £233,220 |
| June 2024 | 0.7% | £243,425 |
| June 2023 | -1.9% | £241,749 |
| June 2022 | 2.1% | £246,426 |
| June 2021 | -2.5% | £241,421 |
| June 2020 | -1.5% | £247,675 |
| June 2019 | -1.5% | £251,463 |
| June 2018 | -4.7% | £255,276 |
| June 2017 | -2.1% | £267,776 |
| June 2016 | 15.2% | £273,475 |
| June 2015 | 13.1% | £237,475 |
| June 2014 | 13.1% | £209,926 |
| June 2013 | 3.3% | £185,532 |
| June 2012 | 2.6% | £179,636 |
| June 2011 | -3.3% | £175,107 |
| June 2010 | 5.3% | £181,166 |
| June 2009 | -12% | £172,080 |
| June 2008 | -5.2% | £195,550 |
| June 2007 | 0% | £206,203 |
Rental Market Trends
The current average rental value in the building is £1,334.
The The Picture House, Cheapside Rental Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £1,334pcm |
| June 2025 | -0.9% | £1,314pcm |
| June 2024 | 7.2% | £1,326pcm |
| June 2023 | 11.5% | £1,237pcm |
| June 2022 | 6.5% | £1,110pcm |
| June 2021 | -1.8% | £1,042pcm |
| June 2020 | 0% | £1,061pcm |
| June 2019 | 0.2% | £1,061pcm |
| June 2018 | 0.7% | £1,060pcm |
| June 2017 | -4% | £1,052pcm |
| June 2016 | 1.2% | £1,097pcm |
| June 2015 | 7.8% | £1,084pcm |
| June 2014 | 5.1% | £1,006pcm |
| June 2013 | 2.5% | £957pcm |
| June 2012 | 4.7% | £934pcm |
| June 2011 | 3.2% | £891pcm |
| June 2010 | 0% | £863pcm |
| June 2009 | -10.4% | £863pcm |
| June 2008 | 0.8% | £963pcm |
| June 2007 | 0% | £955pcm |
Sales History
The last recorded sale was on 26th March 2026 for £257,000 and since then the market in the area has decreased by 1.4%.
The Picture House, Cheapside, Reading, RG1 7AB has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Mar 2026£257,000 | 2 Bed FlatFlat 23, The Picture House, Cheapside, Reading, RG1 7ABFlat 23, The Picture House, Cheapside, Reading, RG1 7AB
- Sold Aug 2025£170,000 | 2 Bed FlatFlat 20, The Picture House, Cheapside, Reading, RG1 7ABFlat 20, The Picture House, Cheapside, Reading, RG1 7AB
- Sold Oct 2024£260,000 | 2 Bed FlatFlat 5, The Picture House, Cheapside, Reading, RG1 7ABFlat 5, The Picture House, Cheapside, Reading, RG1 7AB
Property Types
- 44 modern flats built after 1980
- 1 flat of an unknown age
- 1 other address of unknown type
- modern flat (44)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 44 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (14)
- F (0)
- C (25)
- G (0)
- D (5)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2020£380,000 | 2 Bed FlatFlat 24, The Picture House, Cheapside, Reading, RG1 7ABFlat 24, The Picture House, Cheapside, Reading, RG1 7AB
- Sold Mar 2007£320,000 | 2 Bed FlatFlat 8, The Picture House, Cheapside, Reading, RG1 7ABFlat 8, The Picture House, Cheapside, Reading, RG1 7AB
- Sold Oct 2016£292,500 | 2 Bed FlatFlat 11, The Picture House, Cheapside, Reading, RG1 7ABFlat 11, The Picture House, Cheapside, Reading, RG1 7AB
Schools Nearby
- Civitas Academy300 m away
- Oxford Road Community School600 m away
- Coley Primary School700 m away
- Kendrick School1.1 km away
- River Academy1.2 km away
- Reading School1.8 km away
More reading links
Public Transport Nearby
The closest station to The Picture House, Cheapside, Reading, RG1 7AB is Reading station, which is 500 metres away.
- Reading|500 m away
- Reading West|900 m away
- Reading Green Park|3.6 km away
- Tilehurst|4.0 km away
