Projection West, Merchants Place - RG1 1ET
Key Building Insights
Projection West, Merchants Place is a residential building situated on Merchants Place, Reading, RG1 with 44 addresses.
It ranks as the 1390th largest and 1052nd 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 44 properties: 44 flats.
- Ave. Sale Price
- £225,324
- 10 Year change
- down 16.7%
- Ave. Rental Price
- £1,299pcm
- 10 Year change
- up 25.2%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Building Insights
Projection West, Merchants Place is a residential building situated on Merchants Place, Reading, RG1 with 44 addresses.
It ranks as the 1390th largest and 1052nd 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 44 properties: 44 flats.
- Ave. Sale Price
- £225,324
- 10 Year change
- down 16.7%
- Ave. Rental Price
- £1,299pcm
- 10 Year change
- up 25.2%
- Ave. £ per ft²
- £387/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertieson Merchants Place, Reading, RG1
- Flat 1 Projection West
1 Bed Modern Flat
- Flat 2 Projection West
2 Bed Modern Flat
- Flat 3 Projection West
1 Bed Modern Flat
- Flat 4 Projection West
2 Bed Modern Flat
- Flat 5 Projection West
2 Bed Modern Flat
Sales Market Trends
The last sale in Projection West, Merchants Place sold for £206,000 on 4th March 2022. Since then prices are down an average of 9.5%.
The current average value in the building is £225,324.
The Projection West, Merchants Place Sales Market has decreased by 16.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £225,324 |
| June 2025 | -3.2% | £233,243 |
| June 2024 | -0.7% | £240,921 |
| June 2023 | -1.4% | £242,510 |
| June 2022 | 2.1% | £245,885 |
| June 2021 | -2.2% | £240,734 |
| June 2020 | -1% | £246,037 |
| June 2019 | -2.3% | £248,471 |
| June 2018 | -5.1% | £254,312 |
| June 2017 | -0.9% | £268,046 |
| June 2016 | 16.3% | £270,541 |
| June 2015 | 12.6% | £232,530 |
| June 2014 | 13.9% | £206,537 |
| June 2013 | 2.6% | £181,347 |
| June 2012 | 1.9% | £176,798 |
| June 2011 | -3.9% | £173,552 |
| June 2010 | 4.9% | £180,657 |
| June 2009 | -11.9% | £172,272 |
| June 2008 | -4.7% | £195,575 |
| June 2007 | 0% | £205,193 |
Rental Market Trends
The current average rental value in the building is £1,299.
The Projection West, Merchants Place Rental Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,299pcm |
| June 2025 | 0.2% | £1,261pcm |
| June 2024 | 5.8% | £1,258pcm |
| June 2023 | 12.1% | £1,190pcm |
| June 2022 | 6.6% | £1,061pcm |
| June 2021 | -1.4% | £995pcm |
| June 2020 | 0.6% | £1,009pcm |
| June 2019 | -0.7% | £1,003pcm |
| June 2018 | 0.4% | £1,010pcm |
| June 2017 | -3% | £1,006pcm |
| June 2016 | 2.2% | £1,037pcm |
| June 2015 | 7.3% | £1,015pcm |
| June 2014 | 5.8% | £946pcm |
| June 2013 | 1.8% | £895pcm |
| June 2012 | 4% | £879pcm |
| June 2011 | 2.7% | £845pcm |
| June 2010 | -0.4% | £822pcm |
| June 2009 | -10.4% | £825pcm |
| June 2008 | 1.4% | £921pcm |
| June 2007 | 0% | £909pcm |
Sales History
The last sale was on 4th March 2022 for £206,000 and since then the market in the area has decreased by 9.5%. 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.
- Sold Mar 2022£206,000 | 2 Bed FlatFlat 34, Projection West, Merchants Place, Reading, RG1 1ETFlat 34, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Feb 2021£250,000 | 2 Bed FlatFlat 21, Projection West, Merchants Place, Reading, RG1 1ETFlat 21, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Oct 2019£208,000 | 2 Bed FlatFlat 19, Projection West, Merchants Place, Reading, RG1 1ETFlat 19, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Sep 2019£259,000 | 2 Bed FlatFlat 32, Projection West, Merchants Place, Reading, RG1 1ETFlat 32, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Feb 2019£260,000 | 2 Bed FlatFlat 12, Projection West, Merchants Place, Reading, RG1 1ETFlat 12, Projection West, Merchants Place, Reading, RG1 1ET
Property Types
- 43 modern flats built after 1980
- 1 other address of unknown type
- modern flat (43)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 43 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (21)
- F (0)
- C (22)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Dec 2015£285,000 | 2 Bed FlatFlat 26, Projection West, Merchants Place, Reading, RG1 1ETFlat 26, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Apr 2017£280,000 | 2 Bed FlatFlat 28, Projection West, Merchants Place, Reading, RG1 1ETFlat 28, Projection West, Merchants Place, Reading, RG1 1ET
- Sold Jul 2017£280,000 | 2 Bed FlatFlat 22, Projection West, Merchants Place, Reading, RG1 1ETFlat 22, Projection West, Merchants Place, Reading, RG1 1ET
Schools Nearby
- Civitas Academy500 m away
- E P Collier Primary School600 m away
- Katesgrove Primary School900 m away
- Kendrick School900 m away
- River Academy1.3 km away
- Reading School1.6 km away
More reading links
Public Transport Nearby
The closest station to Projection West, Merchants Place, Reading, RG1 1ET is Reading station, which is 100 metres away.
- Reading|100 m away
- Reading West|1.2 km away
- Reading Green Park|3.9 km away
- Tilehurst|4.2 km away
