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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
RG1 1EQHouse Prices / South East, Reading, Merchants Place
Last updated May 2026
Key Postcode Insights
RG1 1EQ is a residential postcode situated on Merchants Place, Reading, RG1 with 40 addresses.
It ranks as the 779th largest and 82nd most expensive of the 1,007 postcodes in the RG1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 40 properties: 40 flats.
40
Properties
- Flats
Key Postcode Insights
RG1 1EQ is a residential postcode situated on Merchants Place, Reading, RG1 with 40 addresses.
It ranks as the 779th largest and 82nd most expensive of the 1,007 postcodes in the RG1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 40 properties: 40 flats.
40
Properties
- Flats
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House Pricesin RG1 1EQ
Sale prices range from £143,248 for 1 bedroom leasehold flats with a balcony (430 ft2) to £183,652 for 2 bedroom leasehold flats with a balcony (699 ft2) .
Monthly rental prices range from £943 pcm for 1 bed flats to £1,165 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 8.1%.
The average value per square foot is £307.
Average Sale Value
£164,469
Average Rental Value
£1,080 pcm
Average Rental Yield
7.9% /year
Average Value Per Sqft
£307 /ft2
Sales Market Trendsin RG1 1EQ
The last sale in RG1 1EQ sold for £135,740 on 18th July 2024. Since then prices are down an average of 5.3%.
The current average value in the postcode is £164,469.
The RG1 1EQ Sales Market has decreased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.8% | £164,469 |
| April 2025 | -2.1% | £167,467 |
| April 2024 | -1.2% | £171,124 |
| April 2023 | -1.1% | £173,206 |
| April 2022 | 3.3% | £175,049 |
| April 2021 | -2.8% | £169,419 |
| April 2020 | -1.6% | £174,341 |
| April 2019 | -2.9% | £177,172 |
| April 2018 | -4.7% | £182,470 |
| April 2017 | 0.7% | £191,432 |
| April 2016 | 17.5% | £190,114 |
| April 2015 | 13.3% | £161,815 |
| April 2014 | 11.6% | £142,858 |
| April 2013 | 1.5% | £128,029 |
| April 2012 | 1.4% | £126,110 |
| April 2011 | -2.9% | £124,313 |
| April 2010 | 4.2% | £128,013 |
| April 2009 | -14.7% | £122,888 |
| April 2008 | 0.5% | £144,021 |
| April 2007 | 0% | £143,240 |
Rental Market Trendsin RG1 1EQ
The current average rental value in the postcode is £1,080.
The RG1 1EQ Rental Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,080pcm |
| April 2025 | 1.1% | £1,049pcm |
| April 2024 | 7.3% | £1,038pcm |
| April 2023 | 11.7% | £968pcm |
| April 2022 | 5.5% | £866pcm |
| April 2021 | -2.1% | £821pcm |
| April 2020 | 0.5% | £839pcm |
| April 2019 | -1% | £835pcm |
| April 2018 | 0.2% | £843pcm |
| April 2017 | -2.4% | £841pcm |
| April 2016 | 3% | £862pcm |
| April 2015 | 7.2% | £836pcm |
| April 2014 | 4.1% | £780pcm |
| April 2013 | 2.3% | £750pcm |
| April 2012 | 4.2% | £732pcm |
| April 2011 | 2.8% | £703pcm |
| April 2010 | -2.8% | £684pcm |
| April 2009 | -9.2% | £704pcm |
| April 2008 | 3.3% | £775pcm |
| April 2007 | 0% | £750pcm |
Explore Buildingsin RG1 1EQ, Merchants Place, Reading, RG1
- Icon House, Merchants Place, Reading, RG1 Modern building 40 units
Sales Historyin RG1 1EQ
The last sale was on 18th July 2024 for £135,740 and since then the market in the area has decreased by 5.3%. The postcode has had a total of 17 sales since 1995.
RG1 1EQ has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Jul 2024£135,740 | 2 Bed FlatIcon House, Merchants PlaceFlat 29, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Jun 2023£180,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 19, Icon House, Merchants Place, Reading, RG1 1EQ
Sold May 2019£230,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 32, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Jun 2018£202,500 | 2 Bed FlatIcon House, Merchants PlaceFlat 34, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Mar 2018£252,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 18, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Jun 2017£232,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 35, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Aug 2016£260,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 29, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Nov 2015£215,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 35, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Nov 2015£242,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 37, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Jul 2014£145,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 34, Icon House, Merchants Place, Reading, RG1 1EQ
Sold May 2014£192,495 | 2 Bed FlatIcon House, Merchants PlaceFlat 23, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Feb 2014£140,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 12, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Jan 2014£160,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 31, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Apr 2013£135,000 | 2 Bed FlatIcon House, Merchants PlaceFlat 28, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Aug 2007£94,375 | 2 Bed FlatIcon House, Merchants PlaceFlat 33, Icon House, Merchants Place, Reading, RG1 1EQ
Sold May 2007£126,563 | 2 Bed FlatIcon House, Merchants PlaceFlat 31, Icon House, Merchants Place, Reading, RG1 1EQ
Sold Mar 2007£108,563 | 2 Bed FlatIcon House, Merchants PlaceFlat 21, Icon House, Merchants Place, Reading, RG1 1EQ
Nearby Postcodesto RG1 1EQ
RG1 1EQ is the 779th largest and the 82nd most expensive postcode out of the 1,007 postcodes in the RG1 area.
- 17 mRG1 1EG, Merchants Place, Reading, RG1RG1 1EG28 Addresses
- 33 mRG1 1ED, Garrard Street, Reading, RG1RG1 1ED14 Addresses
- 33 mRG1 1NR, Garrard Street, Reading, RG1RG1 1NR87 Addresses
- 34 mRG1 1LG, Station Road, Reading, RG1RG1 1LG24 Addresses
- 35 mRG1 1ET, Merchants Place, Reading, RG1RG1 1ET44 Addresses
- 44 mRG1 1LD, Station Road, Reading, RG1RG1 1LD6 Addresses
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Property Typesin RG1 1EQ
- 40 modern flats built after 1980
- modern flat (40)
Energy Efficiencyof properties in RG1 1EQ
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (24)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (13)
Top 3 Most Expensive Saleson Merchants Place
- Sold Dec 2015£285,000 | 2 Bed FlatProjection West, Merchants PlaceFlat 26, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Apr 2017£280,000 | 2 Bed FlatProjection West, Merchants PlaceFlat 28, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Jul 2017£280,000 | 2 Bed FlatProjection West, Merchants PlaceFlat 22, Projection West, Merchants Place, Reading, RG1 1ET
Schools Nearbyto RG1 1EQ
The nearest primary school to RG1 1EQ is Civitas Academy which is 570 metres away.
- 570mCivitas Academy
- 613mE P Collier Primary School
- 894mKatesgrove Primary School
The nearest secondary school is Kendrick School which is 907 metres away.
- 907mKendrick School
- 1.4kmRiver Academy
- 1.6kmReading School
More reading links
Public Transport Nearbyto RG1 1EQ
The closest station to RG1 1EQ is Reading station which is 100 metres away.
- 108mReading
- 1.2kmReading West
- 3.9kmReading Green Park
- 4.2kmEarley
