How much is Icon House, Flat 23, Merchants Place, Reading, RG1 1EQ worth?
Estimated value — November 2026
£224,000
Likely range £162,000 – £278,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale May 2014
45%
confidence
Medium
Typically within 14% of the sale price
Property details
Flat / Maisonette
Merchants Place · Reading · RG1 1EQ
Address
- District
- Reading
- County
- Reading
Value over time
- Modelled value
- Recorded sale
- Projected
- Likely range (80%)
- Today's estimate
Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.
View as a table
| Year | Modelled value | Likely range | Recorded sale |
|---|---|---|---|
| 2014 | £207,157 | £177,375 – £261,899 | £192,495 |
| 2015 | £233,000 | £198,977 – £275,768 | — |
| 2016 | £244,879 | £205,235 – £287,031 | — |
| 2017 | £253,732 | £208,417 – £298,752 | — |
| 2018 | £240,206 | £193,542 – £285,264 | — |
| 2019 | £226,041 | £178,840 – £270,810 | — |
| 2020 | £223,661 | £174,103 – £269,430 | — |
| 2021 | £233,389 | £179,025 – £282,477 | — |
| 2022 | £249,517 | £188,639 – £303,678 | — |
| 2023 | £234,742 | £174,953 – £287,488 | — |
| 2024 | £236,542 | £174,076 – £291,289 | — |
| 2025 | £233,398 | £169,886 – £288,858 | — |
| 2026 | £224,000 | £162,000 – £278,000 | — |
Sale history
Mortgage calculator
£1,202
Estimated monthly repayment
£201,600
Loan amount
£231,200
Total interest
£432,800
Total repayable
A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.
Related properties
- Icon House, Flat 32, Merchants Place, Reading, RG1 1EQ£230,000 · 2019£222,000
- Icon House, Flat 18, Merchants Place, Reading, RG1 1EQ£252,000 · 2018£246,000
- Icon House, Flat 35, Merchants Place, Reading, RG1 1EQ£232,000 · 2017£221,000
- Icon House, Flat 37, Merchants Place, Reading, RG1 1EQ£242,000 · 2015£231,000
- Icon House, Flat 19, Merchants Place, Reading, RG1 1EQ£180,000 · 2023£180,000
- Icon House, Flat 34, Merchants Place, Reading, RG1 1EQ£202,500 · 2018£199,000
- Icon House, Flat 12, Merchants Place, Reading, RG1 1EQ£140,000 · 2014£180,000
- Icon House, Flat 31, Merchants Place, Reading, RG1 1EQ£160,000 · 2014£201,000
- Icon House, Flat 28, Merchants Place, Reading, RG1 1EQ£135,000 · 2013£183,000
- Icon House, Flat 29, Merchants Place, Reading, RG1 1EQ£135,740 · 2024£132,000
About this property
Icon House, Flat 23, Merchants Place, Reading, RG1 1EQ is a flat on Merchants Place in Reading. Stede's estimated value for November 2026 is £224,000. Four in five similar homes sold within their likely range when tested; for this property that range is £162,000 to £278,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 10 similar homes in the same postcode sector (25%). The confidence score is 45 out of 100 (medium): estimates like this one are typically within 14% of the eventual sale price.
It last sold in May 2014 for £192,495. The current estimate is 16% higher than that price. The current owner has held it for about 12 years.
The modelled value is down 5% over the past year and down 5% over the past five years.
Among 10 nearby properties Stede tracks in the RG1 area, estimated values run from £132,000 to £246,000. This flat's £224,000 sits toward the upper end of that range.
Common questions
How much is Icon House, Flat 23, Merchants Place, Reading, RG1 1EQ worth?
Stede estimates Icon House, Flat 23, Merchants Place, Reading, RG1 1EQ is worth £224,000 as of November 2026, within a likely range of £162,000 to £278,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.
When did Icon House, Flat 23, Merchants Place, Reading, RG1 1EQ last sell?
It last sold in May 2014 for £192,495.
What type of property is Icon House, Flat 23, Merchants Place, Reading, RG1 1EQ?
It is recorded as a Flat / Maisonette on Merchants Place in the RG1 postcode area.
How reliable is this estimate?
The confidence score is 45 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 14% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.
How does Stede calculate this estimate?
It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 10 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.
How we got this figure
We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 5,045 real sales of similar homes.
- Its sale in May 2014, brought up to today with the House Price Index£240,69175%
- 10 similar homes sold recently in the same postcode sector£174,18025%
Estimate £224,000, likely £162,000 – £278,000
Read the full methodology and data sources →