Merchants PlaceHouse Prices / South East, Reading
Key Street Insights
Merchants Place is a residential street with 119 addresses.
It ranks as the 352nd largest and 76th most expensive of the 405 streets in the RG1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 119 properties: 1 house and 118 flats.
- Houses
- Flats
Key Street Insights
Merchants Place is a residential street with 119 addresses.
It ranks as the 352nd largest and 76th most expensive of the 405 streets in the RG1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 119 properties: 1 house and 118 flats.
- Houses
- Flats
House Priceson Merchants Place
Sale prices range from £142,486 for 1 bedroom leasehold flats with a balcony (430 ft2) to £430,204 for 4 bedroom leasehold houses with a garden (1,506 ft2) .
Monthly rental prices range from £921 pcm for 1 bed flats to £2,350 pcm for 4 bed houses.
The gross rental yield is between 6.5% and 7.9%.
The average value per square foot is £342.
Sales Market Trendson Merchants Place
The last sale on Merchants Place sold for £135,740 on 18th July 2024. Since then prices are down an average of 5.3%.
The current average value in the street is £206,999.
The Merchants Place Sales Market has decreased by 9.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.2% | £206,999 |
| May 2025 | -1.9% | £211,761 |
| May 2024 | -0.9% | £215,911 |
| May 2023 | -0.9% | £217,923 |
| May 2022 | 4.5% | £219,962 |
| May 2021 | -1.2% | £210,406 |
| May 2020 | -1.2% | £212,889 |
| May 2019 | -1.8% | £215,399 |
| May 2018 | -3.9% | £219,416 |
| May 2017 | 0.1% | £228,366 |
| May 2016 | 16.4% | £228,157 |
| May 2015 | 12.3% | £196,039 |
| May 2014 | 13.3% | £174,586 |
| May 2013 | 1.7% | £154,089 |
| May 2012 | 1.8% | £151,548 |
| May 2011 | -2.4% | £148,831 |
| May 2010 | 7.7% | £152,495 |
| May 2009 | -13.1% | £141,590 |
| May 2008 | -2.4% | £162,912 |
| May 2007 | 0% | £166,922 |
Rental Market Trendson Merchants Place
The current average rental value in the street is £1,226.
The Merchants Place Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £1,226pcm |
| May 2025 | 1.1% | £1,195pcm |
| May 2024 | 6.8% | £1,182pcm |
| May 2023 | 12.2% | £1,106pcm |
| May 2022 | 8.1% | £986pcm |
| May 2021 | -0.5% | £913pcm |
| May 2020 | 0.5% | £917pcm |
| May 2019 | -0.1% | £913pcm |
| May 2018 | 1.4% | £913pcm |
| May 2017 | -2.2% | £900pcm |
| May 2016 | 1.8% | £921pcm |
| May 2015 | 6.9% | £905pcm |
| May 2014 | 5.5% | £847pcm |
| May 2013 | 1.9% | £803pcm |
| May 2012 | 3.9% | £788pcm |
| May 2011 | 3.9% | £758pcm |
| May 2010 | 1.2% | £730pcm |
| May 2009 | -9.5% | £721pcm |
| May 2008 | 2% | £797pcm |
| May 2007 | 0% | £781pcm |
Properties and Buildingson Merchants Place, Reading, RG1
Sales Historyon Merchants Place, Reading, RG1
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 street has had a total of 117 sales since 1995.
Merchants Place, Reading, RG1 has seen 2 sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Merchants Place, Reading, RG1
- 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
Nearby Streetsto Merchants Place, Reading, RG1
Merchants Place, Reading, RG1 is the 352nd largest and the 76th most expensive street in the RG1 area.
- 32 mGarrard Street, Reading, RG1101 Addresses
- 44 mStation Road, Reading, RG147 Addresses
- 91 mStation Hill Square, Reading, RG11 Addresses
- 102 mFriars Walk, Reading, RG1601 Addresses
- 102 mHarris Arcade, Reading, RG114 Addresses
- 111 mStation Hill, Reading, RG12 Addresses
Postcodeson Merchants Place, Reading, RG1
There are 4 postcodes on Merchants Place, Reading, RG1.
- House prices in RG1 1EQ40 Addresses
- House prices in RG1 1EG28 Addresses
- House prices in RG1 1ET44 Addresses
- House prices in RG1 1DT7 Addresses
Property Typesin Merchants Place
- 118 modern flats built after 1980
- 1 other address of unknown type
- modern flat (118)
- Unknown (1)
Energy Efficiencyof properties on Merchants Place
- Energy Performance Certificate (EPC) surveys conducted for 101 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (62)
- F (0)
- C (38)
- G (0)
- D (1)
- No EPC (18)
Schools Nearby
- 500mCivitas Academy
- 600mE P Collier Primary School
- 900mKatesgrove Primary School
- 900mKendrick School
- 1.3kmRiver Academy
- 1.6kmReading School
More reading links
Public Transport Nearby
The closest station to Merchants Place, Reading, RG1 is Reading station, which is 100 metres away.
- 100mReading
- 1.2kmReading West
- 3.9kmReading Green Park