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Flat 24, Icon House, Merchants Place, Reading, RG1 1EQ

UPRN:310068786Purpose Built Flat2 bedsBuilt 2003-2006
LeaseholdCouncil Tax: -EPC: B (82)
Data freshness:Price Paid· freshPrice Paid: fresh, refreshed 4d ago (2026-11-01T13:13:53.438372+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T09:50:12.506338+00:00)EPC· 6mo agoEPC: stale, refreshed 6mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 5mo agoRisk: stale, refreshed 5mo ago (2026-06-18T00:00:00+00:00)Connectivity· 1mo agoConnectivity: ageing, refreshed 1mo ago (2026-10-03T06:43:10.905825+00:00)Schools· 1mo agoSchools: ageing, refreshed 1mo ago (2026-10-06T08:24:30.427161+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Flat 24, Icon House, Merchants Place, Reading, RG1 1EQ

HP Score

Mixed
Verdict
4 days ago
  • Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.

    Mixed signals - investigate

Evidence
19 of 21 sources
Sale Estimate
£137,000
£123k - £151kMedium
Estimate
£137k
Range
£123k – £151k
Rent Estimate (pcm)
£650
£600 - £700
Monthly
£650
Yield
5.69%

Verdict

Derived from HomePortfolio scores

Flat 24 earns an INVESTIGATE rating with HP Score 61/100. Investment score 63/100 reflects moderate fundamentals. Crime intensity is elevated. Walkability is excellent (93/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)Defra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS
HP Score
61/ 100
Mixed
Investment Score
63/ 100
Moderate
Crime Score
100/ 100
Elevated
Walkability
93/ 100
Excellent
Transit & Bike
Transit 74Bike 62
Walk Score, out of 100

Valuation & Market

Sale Estimate£137,000
Rent Estimate (pcm)£650
Gross Yield5.69%
1y Growth-
3y Growth-1.7%
5y Growth+0.7%
10y Growth+1.6%
Last Sold Price-

Risk Overview

  • Flood RiskUnknown
  • SubsidenceSignificant
  • RadonLow
  • MiningSignificant
  • LandslideLow
  • Air QualityLow
  • NoiseLow

Planning Activity

Recent Apps
0RG1 1EQ
Approval Rate
-12mo
Development
low
  • PL/26/1462
    Proposed rear extensions with garage conversion on the ground floor.
    Pending
  • PL/26/1411
    Application to determine if prior approval is required for a proposed: Demolition of Buildings The Town and Country Planning (General Permitted Development) (England) Order 2015 (as amended) - Schedule 2, Part 11, Class B
    Pending
  • PL/26/1403
    Application under section 73 for variation of planning conditions attached to planning permission ref: PL/22/1446 (External works to existing building, including partial replacement of the existing facades fronting Market Place and Abbey Square alongside other external works to the building, set back single-storey extension above part of block fronting Market Place, part two part three storey extensions above other blocks, and conversion and alterations to ground floor reception and car parking area, together the works will deliver 38 new homes and (internal and external) residential amenity areas with associated car parking) for changes to the basement and ground floor layouts, building elevations and phasing
    Pending

Ownership

  • Corporate Ownership50.5%
  • Overseas OwnershipNo
  • Lease Term Remaining79 yrs
  • CovenantsRestrictive
  • Lease TypeLeasehold
  • Last Ownership Change-
  • SourceLand Registry

Connectivity

Broadband (Standard)
16 Mbps
Mobile 4G/5G Coverage
EEThreeO2Vodafone
EV Charger
-
PTAL Rating
-

Area Profile

Median EarningsLocal authority£35,454
Population Density-
Owner Occupied16%
Age Distribution
0-15 11%16-64 84%65+ 5%

Schools Nearby

  • Civitas Academy
    0.3 mi
    Good
  • E P Collier Primary School
    0.3 mi
    Good
  • Thameside Primary School
    0.6 mi
    -
  • Oxford Road Community School
    0.6 mi
    -

4 of 10 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

Comparables

View All
  • Icon House Merchants Place
    -
    £136k
    -
  • Icon House Merchants Place
    -
    £180k
    -
  • Icon House Merchants Place
    -
    £230k
    -
  • Icon House Merchants Place
    -
    £203k
    -