Merchants Place, Reading, Berkshire

Merchants Place is classified by the ONS as Multicultural Student Neighbourhoods. Merchants Place is in the top 20% of highest crime postcodes (see map). The road has slightly higher levels of deprivation compared to the rest of the country.

Geography

Merchants Place is located in the Abbey ward of the Reading district in Berkshire.
Coordinates 51.456919, -0.973402
Grid Ref SU714736
Suburb Coley
Constituency Reading East

House Prices

The average house price in Merchants Place is 100% higher than the rest of Reading. The last sale we have on record is PROJECTION WEST Merchants Place, that sold for £206,000. The average house price in Reading is £0 as of June 2023.

Average House Prices

Recent sales in Merchants Place

Date No. Type Price
04/03/2022 PROJECTION WEST Flat £206,000
16/02/2021 PROJECTION WEST Flat £250,000

Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

Crime in Merchants Place, Berkshire

There were 3 street crime incidents in Merchants Place in July 2024. These are the latest figures released by Thames-valley Police Force.
Source: data.police.uk, Statistics date: July 2024
July 2024 Crime Incidents in Merchants Place
# Category Outcome
1 Anti Social Behaviour -
2 Criminal Damage Arson Under investigation
3 Criminal Damage Arson Investigation complete; no suspect identified

Crime Deprivation

The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Merchants Place and compared that to the average for the Abbey ward.

You are more likely to be a victim of personal crime in Merchants Place, when compared to the average EIMD rank for the Abbey ward

Social economic statistics for Merchants Place

These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Merchants Place is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Merchants Place is in the top 10% of least deprived LSOAs in the country.

Income Deprivation

The Income Deprivation Domain measures the proportion of the population in and around Merchants Place experiencing deprivation relating to low income.
Residents in around Merchants Place are experiencing average levels of income deprivation.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Merchants Place involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Merchants Place are in the top 40% least employment deprived in the country

Health & Disability Deprivation

The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.
Residents in Merchants Place are in the top 30% of the most health & disability deprived in the country

Index of Multiple Deprivation

The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Merchants Place, from outside living quality, housing quality, access to services and crime.
Residents in Merchants Place are in the top 40% of the most deprived in the country

2021 Census for Merchants Place

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Merchants Place.

Unemployment in Merchants Place

The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.
4.07% of Merchants Place residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Merchants Place

The proportion of retirees in a road should give you an indication of the demographics of Merchants Place. The proportion of retirees on Merchants Place is 14.82% lower than the national average of 18.6%.
3.78% of Merchants Place residents were retired during the last census

Home ownership in Merchants Place

The proportion of home owners on Merchants Place is 52.28% lower than the national average of 62%. 76.85% of properties in Merchants Place are private rented and 8.33% are social rented.
9.72% of residents of Merchants Place own their home

Country of Birth of Merchants Place residents

The proportion if Merchants Place residents born in the UK is 55.38% lower than the England national average of 82.65%. 72.73% of Merchants Place residents were born outside the UK.
27.27% of Merchants Place residents were born in the UK

Merchants Place Summary

Merchants Place has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in Merchants Place maybe easier than surrounding areas.

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